Fiscal year overview: July 1, 2022 - June 30, 2023

Among the highlights of fiscal year ending June 30, 2023 were a rebound in investments—which grew our stewardship endowment, and new gifts of land.

Our net assets decreased from $45.8 million to $44.5 million because of a one-time gift that was received in fiscal year 2022, but was allocated in fiscal year 2023. This use of assets explains the gap between Use of Funds and Sources of Funds for this year.

Over 60% of our net assets are restricted, and include specific project funds, land, and investments.

 

 

Pie chart showing finances - sources of funds

 

 

Pie chart showing finances - Uses of Funds

The Vermont Land Trust is a 501(c)(3) organization. This financial information is unaudited. Once completed, final financial statements and accompanying auditor’s report will be available on request from our Montpelier office at (802) 223-5234.