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

Our net assets for the fiscal year ending June 30, 2022 increased from $42 million to $46 million, and include land holdings, endowments, and restricted project funds.

Over 60% of VLT’s net assets are considered restricted.

We saw this increase despite the lingering pandemic, volatile investment markets, and inflation.

Two revenue events, the conservation and sale of over 6,500 acres of working forest in Worcester and Elmore, and a $6 million gift from the High Meadows Fund, contributed to this growth.

Declines in our invested endowments were offset by an unprecedented 20% growth in individual donations, plus new land transactions, helping to further diversify our revenue.

 

source of funds pie chart annual report

annual report pie chart showing uses of funds

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