Environmental Land Preservation Organization
MISSION STATEMENT
Green Horizon Land Trust was created to preserve environmentally valuable or sensitive lands and open space areas in and around the Central Florida Ridge for the benefit of the general public, and to educate the public as to the importance of such lands and their preservation.
Green Horizon Land Trust is a local, nonprofit, 501(C)(3) Florida corporation incorporated in 1991. The Trust is governed by a Board of Directors consisting of local individuals from such diverse fields as business, law, banking, real estate, land planning and conservation.
Green Horizon uses a variety of creative methods to achieve its land conservation goals and to financially benefit donors. Conservation may be accomplished through outright purchases, bargain sales, donations, conservation easements, limited development agreements or similar techniques.
Working through Green Horizon Land Trust, landowners may be able to take advantage of income, estate or property tax benefits that can help make land conservation affordable. Unlike government agencies, Green Horizon can act quickly and confidentially to accomplish the objectives of the landowner and still meet its preservation goals of the community.
Trade lands are lands or buildings that have little or no conservation value, but which can be given to Green Horizon Land Trust to be traded or sold. The proceeds are used to further the work of the Trust in acquiring property with significant preservation value for the enjoyment of the people of Florida forever.
Who may benefit from such a donation?
I. Owners of highly appreciated property whose sale would result in large capital gains tax. The Federal Tax Code allows a deduction of full market value up to 50 per cent of adjusted gross income in the year of the gift and a carry forward of the excess up to an additional five years applied each year up to 50 per cent limit. Corporations may deduct up to 10 per cent of taxable income.
2. Owners of substantial real estate holdings wishing to reduce estate tax burdens.
3. Owners of property that is no longer needed or used, such as raw land, building lots, vacation homes or retreats and commercial buildings. Note! Please consult your own financial advisor to determine your tax benefits.
What is Preservation Land?
Preservation land is property with significant conservation value. The donors of preservation land would be entitled to the same deductions allowed for trade lands with the added knowledge, that their property would be preserved forever. Perhaps the property owner has no heirs or the heirs cannot or will not protect it. The estate tax burden may be so great as to require the sale of the property to pay the taxes. Should this happen, the taxpayer loses, the heirs lose and the ecological value of the land may be lost forever.
Donating land is a significant way to ensure that future generations can enjoy the benefits of the natural world while providing the donor with a tax deduction.
Why not just sell the land and take cash?
If you sell the land, you will incur a capital gains tax on the appreciation. Your profit may be further reduced by expenses resulting from the delay in finding a buyer willing to pay full market value. You may have lost a once-in-a-lifetime opportunity to preserve a piece of the "old Florida" for future generations.
For example, Central Florida scrub land is rapidly disappearing due to development and agricultural pressures. Destroy the habitat and you destroy plant and wildlife that can live nowhere else. Your donation of a trade land can help ensure that future generations may also enjoy our natural heritage.
Keywords: Land Trust, Environmental Lands, Preservation, Conservation, Donation, Membership, Volunteer, Central Florida, Lake Wales Ridge
Interview Q&A
How long have you been in business?
Since 1991.
What is your primary product or service?
Green Horizon Land Trust is a non-profit environmental lands preservation organization.
How did you first become interested in your line of business? (if owner) - What is your background? (If owner or store manager)
Environmental resource management and conservation planning.
How do you differentiate yourself from other businesses in your category and area?
As a non-profit environmental preservation organization we strive to work with volunteers, donors and the public to protect and preserve natural Florida for wildlife habitat, open space, water recharge and future enjoyment.
How many locations do you have and do you have plans to expand?
Green Horizon Land Trust has one office location in Lake Wales. Several trails, conservation lands and parks are also listed on our website.
Provide detailed directions to your location
225 E. Stuart Ave., Lake Wales, FL
What type of payments do you accept?
Cash, check, Visa, MasterCard, Discover (via PayPal)
Which areas do you service?
Central Florida
Who owns your company or runs daily operations?
A volunteer board of directors from variety of backgrounds, professions and interests.
What are your hours of operation?
Office hours Tuesday and Wednesday from 9:30 a.m. - 5 p.m.