$331.2M in expenses

Conservation real estate activitiesthe conservation fund (TCF) was founded to advance environmental protection and economic vitality as mutually reinforcing strategies that make the nation and society stronger. For more than 40 years, TCF has been buying at-risk land with high conservation value to protect it from degradation, putting protections in place to ensure it is managed for environmental, economic and human gain before transferring it to long-term owners. Top ranked for efficiency and mission effectiveness, TCF has conserved over 9 million acres across all 50 states with a total appraised value of $8,961,981,014 and involving over 4,070 real estate transactions. This successful track record is built on TCF's ability to purchase priority natural lands, essential cultural and historic sites, and working landscapes like forests, farms, and ranches to provide time for permanent conservation to be achieved. This core real estate activity involves the acquisition of land and interests in land on behalf of federal, state and local government agencies as well as private and other conservation-minded NGO partners. TCF purchases properties deemed a priority by its partners and holds them for interim periods, providing the time needed for its partners to secure funding to acquire, steward and permanently manage the lands. This model ensures that funding is available in time to meet the needs of the seller when a high-conservation-value property goes up for sale.funding for TCF's real estate acquisitions largely comes from its "revolving fund" of capital, which is made up of charitable gifts, proceeds from the sale of donated surplus lands that TCF has sold for cash, as well as accumulated gains on and capital returned from past real estate transactions. Sources of funding for dispositions to partners include federal, state and local government funding programs and philanthropic funds from foundations, corporations and private individuals. Once a property has been transferred to the long-term holder and TCF recoups its investment, capital is returned to the revolving fund for use in other real estate transactions.as an expert in conservation real estate, TCF also provides negotiation expertise and transactional support to government agencies and to other conservation organizations to directly acquire conservation land, as well as bridge financing and technical assistance to land trusts and other organizations to protect critical natural resources in their communities. By addressing an unmet need for bridge financing, these "conservation loans" help TCF's partners expand conservation impact nationwide. As of december 31, 2024, TCF's conservation loans have helped conserve 166,852 acres through 420 loans in 40 states. The portfolio of loans had a principal value of $6.5 million as of december 31, 2024.working lands. Keeping working forests and farmland intact and in production is critical to both the environment and economic vitality. TCF applies its unique conservation model to purchase at-risk forests and farms and puts protections in place to ensure these lands are sustainably managed to preserve their environmental and economic benefits. TCF's working forest fund program is committed to conserving large intact forests in the u.s. So they remain sustainably managed, providing good local jobs, as well as clean water, clean air, habitat for wildlife and outdoor recreation, and climate resilience benefits. The working forest fund has developed a successful model to acquire, sustainably manage and permanently protect high-conservation value timberland. Consistent with TCF's other real estate activities, the working forest fund acts as an interim owner of these forest assets to facilitate permanent protection through the implementation and sale of conservation easements and direct sales of the properties to public agencies or other conservation buyers. The working forest fund's focus is on large forests with the highest conservation value and often the highest risk of fragmentation when sold on the open market. As of december 31, 2024, TCF has deployed over $1 billion into 55 projects covering approximately 1,058,800 acres of critical forests in the u.s. Approximately 705,600 acres have been transferred into permanent conservation as of december 31, 2024. The remaining acres are being sustainably managed by TCF or its partners and are awaiting permanent protection through conservation easements or transfers to public agencies or other conservation partners.TCF's farms fund works to secure farmland on the edge of major metro areas and match that land to farmers who lease and steward it until an agricultural conservation easement can encumber the property, making the land more affordable for the farmers to buy. This pathway to affordable land ownership for the next generation of american farmers helps make communities healthier with access to fresh food, cleaner air and water, and improved climate resilience. The farms fund is currently active in the atlanta, chicago and charlotte, north carolina metro areas, with plans to expand into multiple additional regions. As of december 31, 2024, the program deployed $17,724,934 million to secure land for 23 farm businesses that will help permanently protect 1,521 acres of at-risk farmland.mitigation solutions. In partnership with developers and regulatory agencies, TCF completes conservation acquisitions and other projects to offset the impacts on natural, cultural and historic resources from construction and operation of energy and infrastructure projects and provides advice on mitigation strategies before and during infrastructure project development. TCF does not advocate on behalf of infrastructure projects but serves as a bridge between project developers and regulatory agencies to help develop and then implement mitigation plans. TCF's mitigation activities provide private capital to achieve conservation priorities. Since TCF began providing mitigation services, more than $300 million has been received to acquire land and interests in land, to complete restoration, and/or to take other actions to mitigate impacts to resources. As of december 31, 2024, TCF has deployed more than two-thirds of this amount into more than 375 projects across the country, conserving or restoring over 411,600 acres.

$11.7M in expenses

Other consevation servicesthe resilient communities business line comprises a group of programs dedicated to advancing TCF's dual mission by integrating conservation and economic development to build vibrant communities. These programs focus on impact areas such as urban conservation, rural economic development, heritage site protections, sustainable food systems, water quality/supply protection and enhancement, aquaculture, and resilience. This program area provides expertise to communities across the country to achieve the multiple benefits gained by investing in clean air, clean water and community livability. TCF brings technical assistance and flexible funding to partnerships in rural communities where we work to conserve natural assets, helping strengthen job-creating areas that rely on and sustain forestry, agriculture, nature and recreation. TCF's urban conservation work enhances urban sustainability and livability by advancing creation of parks and other initiatives.the work of this program area also includes the following activities: freshwater institute. The freshwater institute is an applied research facility dedicated to sustainable water use and reuse through the design of recirculating aquaculture systems. This program works with government, industry and nonprofits to demonstrate the opportunities for a sustainable domestic seafood supply by providing solutions to enable the growth of environmentally responsible aquaculture. The institute's core competencies in aquaculture research, engineering and consulting, aquatic veterinary medicine, aquaculture husbandry and production, industry outreach, and water chemistry analysis are mobilized to sustainably produce salmon and other cold-water species. Resourceful communities. Resourceful communities works with grassroots and community organizations to create opportunities to preserve rural landscapes, strengthen local economies, and sustain communities' unique cultures. The program provides an effective combination of direct technical assistance, skills building and network-building that supports community outcomes such as food security, nature-based tourism development, youth conservation programs and cultural heritage preservation.