PARTNERSHIP FOR CONSERVATION
Empowering more conservation for all Americans
What We Stand For
We are a diverse, national coalition of stakeholders in more than 40 states representing the entire conservation easement ecosystem, including land trusts, landowners and others involved in conservation. P4C believes that conservation should be available to all Americans, so we can better protect our most precious land resources for generations to come.
Our Position on IRS Notice 2017-10
The IRS issued Notice 2017-10 on December 23, 2016, designating certain donations of conservation easements by partnerships as a “listed transaction.” P4C has five primary overarching concerns with the Notice, as well as potential solutions.
Section 170(h) of the Internal Revenue Code has helped preserve millions of acres of land for almost 40 years. With an enhanced conservation easement incentive in 2015, the tax incentive is working as intended – and P4C supports common-sense improvements to continue to empower private conservation for more Americans.
Best Practices for Private Land Conservation
P4C recommends several best practices our members follow when using private funding to advance conservation efforts in the United States. We encourage any qualified recipients to accept conservation donation easement donations that adhere to these guidelines.
The United States is home to an extraordinary agricultural landscape. Not only does America’s extremely fertile farmland feed both the country and the world, it also powers state and local economies and international trade. Unfortunately, this farmland faces threats from various economic and demographic pressures, including an ever-expanding population.
In 2015, Congress took action to help protect some of our nation’s most precious natural resources – from open spaces and wildlife habitats to fresh water and wetlands – permanently preserving a part of the tax code that makes it easier for Americans to donate land for conservation. Known as conservation easements, these donations are legally binding agreements that limit the future development of land and have been essential tools for defending our environment.
We wanted to share another great example of the importance of protecting the conservation easement tax incentives that are empowering more private land conservation – and Drew Troyer’s recent opinion piece in the Morning Consult does just that
The U.S. population is projected to grow by 100 million and the amount of land covered with housing, roads and shopping malls will nearly triple by 2050.
Source: Land Trust Alliance
We lose 6,000 acres of wildlife habitat every day. That’s 2.2 million acres — an area the size of Yellowstone National Park — every year.
Source: Dept. of Forestry at the US Department of Agriculture