There are a variety of options available to landowners interested in donating conservation lands. Full donation is a simple way to proceed. Donated lands may be established as nature preserves, wildlife refuges, scientific reserves or parks.
Some landowners choose to donate a conservation agreement rather than a full donation. When a conservation agreement is made, the landowner retains ownership of property, but gives up some ownership rights, such as the ability to develop. These lands may still be sold, or passed on by will, while retaining the conservation agreement in perpetuity.
Further, a landowner may choose to donate property by will. If interested in this option, a donor should ensure that the Coastal Land Trust is willing and able to accept the gift. This kind of donation will reduce estate taxes, but will not reduce income or property taxes.
Donations of property and donations of conservation agreements that meet federal and state tax code requirements may qualify as tax-deductible charitable donations. To make a conservation agreement donation all owners of a property must agree to donate.