The WLCT receives most of its properties through donations. These lands we then protect from development, often performing projects to restore environmental conditions damaged by human activity.
We are an independent entity and enjoy an excellent working relationship with the Town of Warren. This includes the recent donation to the WLCT of 60 acres the Town had held in “tax title” property. The Town retained conservation easements on these lands.
There is also the benefit of managing, maintaining and protecting the town’s historic character and open spaces. As a land trust, we regularly walk our properties. Where possible, we develop trails for the public to use.
Tax payers receive benefits as well. Studies show that municipal governments pay out more to support municipal services than they take in from residential real estate taxes. This makes sense. Open land costs less to maintain than land that has been improved with houses and roads.
A landowner who donates land to a land trust, and meets certain criteria, may realize income tax benefits, property tax benefits and/or estate tax benefits. Always check with your legal and tax advisors to determine if land conservation is in your best interest.
- Some want to arrange for easements with governmental agencies that can produce financial benefits.
- Some want to donate their property for estate planning or to end paying taxes.
- And some want to memorialize their parents, a loved one or a good friend.
- enhancing water resources,
- maintaining or improving wildlife habitats,
- maintaining or improving scenic vistas,
- improving public access to our shoreline,
- helping to maintain working farmland and agricultural values,
- and improving storm resilience.
- Jacob’s Point off the East Bay Bike Path is open to the public.
- Our recently acquired Haile Farm property off Market Street on the northern side of town will be open to the public soon.
And keep us in mind in your estate planning process. We have established the Warren Land Conservation Trust Fund at the Rhode Island Foundation as an endowment for ongoing support our activities.