2024-03-27T14:40:25-05:00 2023-12-31 570813540 BURCH OXNER SEALE CO CPA'S PA PO DRAWER 4707 FLORENCE SC 295024707 990 2023-01-01 576140810 LORD BERKELEY CONSERVATION TRUST LORD 8438995228 136 E RAILROAD AVENUE MONCKS CORNER SC 29461 SARAH WINDHAM TREASURER 8438995228 2024-03-21 1 SARAH WINDHAM 999009999 0 TRACY S HUGGINS CPA P00277262 8436693142 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z RYAN WENZEL 136 E RAILROAD AVENUE MONCKS CORNER SC 29461 525872 0 X HTTP://LORDBERKELEY.ORG/ X 1992 SC OUR MISSION: TO PRESERVE OUR COMMUNITY'S SENSE OF PLACE BY PROTECTING ITS NATURAL, CULTURAL, AND OPEN SPACE RESOURCES IN PERPETUITY.OUR VISION: A LANDSCAPE ANCHORED BY OUR COMMUNITY'S NATURAL AND HISTORICAL TRADITIONS, EXISTING IN BALANCED HARMONY WITH A GROWING HUMAN PRESENCE. 19 19 2 5 0 0 4873961 478429 200636 25445 37020 21998 0 0 5111617 525872 0 0 0 0 209298 221471 0 0 76698 2655019 177398 2864317 398869 2247300 127003 4930484 5346000 1022511 1247360 3907973 4098640 X OUR MISSION: TO PRESERVE OUR COMMUNITY'S SENSE OF PLACE BY PROTECTING ITS NATURAL, CULTURAL, AND OPEN SPACE RESOURCES IN PERPETUITY.OUR VISION: A LANDSCAPE ANCHORED BY OUR COMMUNITY'S NATURAL AND HISTORICAL TRADITIONS, EXISTING IN BALANCED HARMONY WITH A GROWING HUMAN PRESENCE. 0 0 273344 25445 LCBT HAS SECURED 64 CONSERVATION EASEMENTS ON 54 SITES AS OF DECEMBER 31, 2023. CURRENTLY, THERE ARE 46,916 ACRES OF LAND UNDER CONSERVATION EASEMENT. LCBT RECENTLY PUBLISHED THE FIRST EDITION OF THE BOOK ENTITLED "SEVEN DAYS ON THE SANTEE DELTA" BY JOHN LANE AND PHILIP WILKINSON. 273344 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 SC X CHRIS VAUGHN 8438895228 136 E RAILROAD AVENUE MONCKS CORNER SC 29461 AL KENNEDY MEMBER 0.10 X 0 0 0 ANDREW DENNIS MEMBER 0.10 X 0 0 0 RONNIE GIVENS MEMBER 0.10 X 0 0 0 BARRY JURS PROJECT COMMITTEE CHAIR 0.20 X X 0 0 0 DR JOE KELLEY MEMBER 0.10 X 0 0 0 MAC MCQUILLIN MEMBER 0.10 X 0 0 0 RYAN WENZEL PRESIDENT 1.00 X X 0 0 0 RYAN BOWLES MEMBER 0.10 X 0 0 0 RICK QUAGLIAROLI MEMBER 0.10 X 0 0 0 WILL UMPHLETT SECRETARY 0.60 X X 0 0 0 SARAH WINDHAM TREASURER 1.00 X X 0 0 0 CHRIS VAUGHN EXECUTIVE DIRECTOR 40.00 X X 120942 0 3628 JOEL GRAMLING MEMBER 0.10 X 0 0 0 JOHN WILLIAMS VICE PRESIDENT 0.10 X X 0 0 0 PAMELA WILLIAMS MEMBER 0.10 X 0 0 0 THURMAN SIMMONS MEMBER 0.10 X 0 0 0 MATT MOLDENHAUER MEMBER 0.10 X 0 0 0 ALICE HELMLY MEMBER 0.10 X 0 0 0 PARKER HILL MEMBER 0.10 X 0 0 0 120942 0 3628 1 0 0 0 0 115525 362904 478429 PROGRAM INCOME 900099 25445 25445 25445 21998 21998 525872 25445 0 21998 124570 94239 18199 12132 68662 50271 11034 7357 4429 3322 664 443 23810 18272 3323 2215 10101 7576 1515 1010 10055 7541 1508 1006 4563 3423 684 456 4298 3224 644 430 2232 1674 334 224 6392 4794 959 639 4255 3192 638 425 10333 7750 1550 1033 8244 6183 1237 824 10143 7608 1521 1014 SPRING EVENT 41842 41842 MAINTENANCE AND STEWARD 31335 30430 543 362 OTHER OPERATING EXPENSE 12349 9262 1852 1235 TAXES AND LICENSES 10564 7923 1585 1056 10692 6660 1037 2995 398869 273344 48827 76698 196748 505097 60000 4254 60000 88845 88845 2500 5300 3257449 36598 3229095 3220851 1349042 1465907 4930484 5346000 6155 6900 837447 1072512 178909 167948 1022511 1247360 X 3592913 3811293 315060 287347 3907973 4098640 4930484 5346000 127003 63664 0 X 0 1 X 1 0 X 340829 551184 530666 4435428 115525 5973632 340829 551184 530666 4435428 115525 5973632 5973632 47943 18192 50129 37020 21998 175282 50090 104 88152 344351 25445 508142 6657056 0.89730 0.91510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EVENT REVENUE/COST SHARE/PROGRAM INCOME - 2019 AMOUNT: $ 50,090. 2020 AMOUNT: $ 104. 2021 AMOUNT: $ 88,152. 2022 AMOUNT: $ 344,351. 2023 AMOUNT: $ 25,445. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 64 46916.00 1 1 520.00 36000 127754 127754 2926715 2926715 330734 36598 294136 3220851 589537 63665 63665 525872 0 525872 398869 0 398869 0 398869 PART II, LINE 5 LORD BERKELEY CONSERVATION TRUST HAS A WRITTEN BOARD ADOPTED POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF CONSERVATION EASEMENTS. THIS POLICY REMAINS IN EFFECT AND MAY BE AMENDED FROM TIME TO TIME AS CERTAIN NEEDS ARISE TO STRENGTHEN AND REFINE ITS PROVISIONS. IN PARTICULAR, THIS POLICY SETS FORTH CERTAIN DUTIES OF STAFF IN REGARDS TO ANNUAL INSPECTIONS OF PROPERTIES, COMPLETING ANNUAL INSPECTION REPORTS, DOCUMENTING AND ADDRESSING VIOLATIONS AND ENFORCEMENT OF THE CONSERVATION EASEMENTS LBCT HOLDS. THE OVERARCHING GOALS OF THE POLICY ARE TO MAINTAIN LBCT'S EASEMENTS IN GOOD STANDING AND FREE FROM VIOLATIONS, MAINTAIN CONTACT AND RELATIONSHIP WITH LANDOWNERS, AND TO ENSURE THAT THE PURPOSE AND CONSERVATION VALUES OF THE PROPERTIES ARE PROTECTED IN PERPETUITY. PART II, LINE 9 - ACCOUNTING FOR CONSERVATION EASEMENTS CONSERVATION EASEMENTS DONATED TO THE ORGANIZATION ARE RECORDED AT A ZERO VALUE IN THE STATEMENT OF FINANCIAL POSITION, THE STATEMENT OF ACTIVITIES AND THE STATEMENT OF FUNCTIONAL EXPENSES. CONSERVATION EASEMENTS THAT ARE PURCHASED ARE RECORDED AT A ZERO VALUE IN THE STATEMENT OF FINANCIAL POSITION AND ARE SHOWN AS AN EXPENSE IN THE STATEMENT OF ACTIVITIES AND STATEMENT OF FUNCTIONAL EXPENSES. THE FUNDING SOURCE THAT ENABLES THE PURCHASE OF THESE EASEMENTS IS SHOWN AS A REVENUE IN THE STATEMENT OF ACTIVITIES, RESULTING IN A NET ZERO EFFECT ON NET ASSETS. THE ORGANIZATION BELIEVES THAT TRACKING THE VALUE OF CONSERVATION EASEMENTS UNDER MANAGEMENT IS USEFUL TO GAUGE THE SIGNIFICANCE OF THE ONGOING RESPONSIBILITY TO MONITOR THESE EASEMENTS. ACCORDINGLY, FOR PURPOSES OF FOOTNOTE DISCLOSURE ONLY, CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION ARE DISCLOSED AT THE VALUE PAID TO ACQUIRE THE CONSERVATION EASEMENT OR THE ESTIMATED VALUE OF THE DEVELOPMENT RIGHTS RELINQUISHED UNDER THE EASEMENT, THAT IS, THE AMOUNT OF THE REDUCTION IN FAIR MARKET VALUE (AS DEFINED IN IRS REGULATIONS) RESULTING FROM THE EASEMENT AT THE DATE IT IS RECORDED. THIS VALUE IS GENERALLY ESTABLISHED THROUGH QUALIFIED APPRAISALS THAT ARE PERFORMED AT OR NEAR THE RECORDING DATE. WHERE SUCH AN APPRAISAL IS NOT AVAILABLE, MANAGEMENT MAKES ITS BEST ESTIMATE OF THE VALUE BASED ON RELEVANT FACTS AND CIRCUMSTANCES. VALUES ARE NOT UPDATED, AS THEY REPRESENT THE HISTORICAL COST AT THE DATE THE EASEMENTS WERE GRANTED. FORM 990, PART VI, SECTION B, LINE 11B AT THE END OF THE FISCAL YEAR, AN OUTSIDE CPA WILL PREPARE THE ANNUAL RETURN FOR LORD BERKELEY CONSERVATION TRUST EXEMPT FROM INCOME TAX (IRS FORM 990). THE RETURN WILL BE PRESENTED TO THE EXECUTIVE DIRECTOR, THE BOARD FINANCE COMMITTEE, AND THE FULL BOARD FOR THEIR REVIEW AND APPROVAL. THE OUTSIDE CPA WILL THEN FILE THE RETURN WITH THE INTERNAL REVENUE SERVICE BY THE ANNUAL DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REVIEWS CONFLICT OF INTEREST POLICY AT BOARD MEETINGS AND DEALS WITH ANY ENFOCEMENT ISSUES AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST. FORM 990 - ADDITIONAL INFORMATION LORD BERKELEY CONSERVATION TRUST OWNS 3 LLC'S: LBCT TRADE PROPERTY, LLC, FORT FAIR LAWN FOUNDATION, LLC AND LBCT HOLDINGS, LLC. THESE LLC'S ARE DISREGARDED ENTITIES. FORT FAIR LAWN FOUNDATION LLC 223 E MAIN STREET SUITE B MONCKS CORNER SC 29461 OWNS PROP SC 75000 LORD BERKELEY LBCT TRADE PROPERTY LLC 223 E MAIN STREET SUITE B MONCKS CORNER SC 29461 OWNS PROP SC 983715 LORD BERKELEY LBCT HOLDINGS LLC 223 E MAIN STREET SUITE B MONCKS CORNER SC 29461 OWNS PROP SC LORD BERKELEY