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A ‘New Initiative’ of an Endowment Plan Will Protect Conservation Lands
in the Town of
The expectation of the newly established Endowment
Plan will be to raise the Cumberland Land Trust to a higher professional
level as a charitable organization.
Considering that the Trust is an all-volunteer-managed entity, the Endowment
will be a giant step forward. The long range plan puts the incorporation in a
position for attracting new members and higher revenues for the organization’s
sustainability. This new funding option
places the Cumberland Land Trust in a competitive position for gift giving in
the community.
The considerable land holdings of
the Land Trust will require an increased level of sustainability for stewardship
with each successive
generation. The Endowment will provide the necessary funding for land
management, as well as generate funding for new land acquisitions. The Endowment will perpetuate the
organization into the future.
All donors who help contribute to the Start-up
Fund between 2007 and
Giving levels are:
High Rock Society $10,000 Diamond
Hill Society $1,000
Otis Smith Society
$7,500 Long
Brook Society $500 Atlantic White
Cedar Society $5,000 Watershed Society
< $250
►Endowment Committee members Alice Clemente, Frank Matta, Joe Pailthorpe have completed a comprehensive Endowment Plan
for the Cumberland Land Trust’s sustainability.
►The Endowment Committee has received
endorsements from conservation leaders statewide agreeing and encouraging the
wisdom of the organization to plan for future generations.
►The Advisory Group: Michael Aragao;
Brad Dean, Sr.; Timothy Draper; Lorraine Hynes; Rick Singleton; Karen Saucier;
Joanne Speroni-Woody; and Tom Ward.
For more information call
Endowment Committee Chairperson
Joe Pailthorpe at 658-1766.