Financial Status

We have been raising funds to purchase the development rights through a deed restriction (conservation easement) or to stand as matching funds if future grant monies become available. A dedicated account has been established at Superior National Bank, where all donations are deposited.

Initial Goal: $200,000**

We plan to protect the upstream 360 acre parcel first because watershed protection foremost requires protecting the headwaters. If we can fulfil the J.A. Woollam Challenge Pledge, we may top $100,000 by the end of 2011.

Second Goal: $800,000**

We will complete the project by protecting the remaining 1022 acres.

Currently, all funds donated are earmarked for easement acquisition -- 100%! An anonymous donor has pledged the funds to establish the separate escrow account that is legally required for monitoring of the easement on the upstream tract, hence our 100% guarantee that all funds support land protection. Since our volunteers donate time, effort, copying, and postage costs, there are also no administrative fees.

** Amounts are estimates. Actual easement acquisition costs will be based on independently appraised land values at the time of the transaction.