Thank you

In my nearly 20 years leading this organization, it’s hard to recall a more consequential year for public lands than 2017. It was a year in which Americans of all walks of life came together to take a stand for the treasured parks and natural places we all share. And thanks to you, it was a year in which The Trust for Public Land made great strides connecting more people to health-promoting parks and open space.
With your help, we launched our campaign to put a park within a 10-minute walk of every person in America–joined by more than 130 mayors of cities nationwide.
With your support, we created new parks and playgrounds in New York, Philadelphia, San Francisco, Los Angeles, and other cities. And we answered the call from communities across the country to protect lands they rely on for enjoyment and economic wellbeing—including stretches of the Appalachian Trail, Rocky Mountain National Park, and threatened ranchlands in Colorado, Arizona, and Montana.
As I prepare for retirement in the spring, I am more convinced of the importance of this mission than ever. Thank you for supporting The Trust for Public Land, for all you do for parks and conservation in your community, and for joining us in common cause to insist that public lands are our lands—and that everyone deserves easy access to close-to-home parks and open spaces.
Will Rogers
President and CEO
Fiscal year ended March 31, 2017 with comparative information as of March 31, 2016 (dollars in thousands) | ||
2017 | 2016 | |
---|---|---|
Assets | ||
Cash & Investments | 103,070 | 90,139 |
Receivables & deposits | 34,792 | 54,935 |
Land holdings | 73,797 | 85,870 |
Charitable trust assets | 63,619 | 54,525 |
Other assets | 1,382 | 1,340 |
TOTAL ASSETS | $276,660 | $286,809 |
Liabilities and Net Assets | ||
Liabilities | ||
Notes Payable* | 20,207 | 26,518 |
Liabilities to beneficiaries of charitable trusts | 38,109 | 34,997 |
Other liabilities | 35,793 | 35,259 |
TOTAL LIABILITIES | $94,109 | $96,774 |
Net Assets | ||
Unrestricted amounts | 25,558 | 27,769 |
Temporarily restricted amounts | 134,636 | 144,631 |
Permanently restricted amounts | 22,357 | 17,635 |
TOTAL NET ASSETS | $182,551 | $190,035 |
TOTAL LIABILITIES AND NET ASSETS | $276,660 | $286,809 |
*Including $13,037 (FY17) and $23,725 (FY16) due within one year.
Fiscal year ended March 31, 2017 with comparative information as of March 31, 2016 (dollars in thousands) | ||
2017 | 2016 | |
---|---|---|
Revenues and additions to net assets | ||
Contributions of land and easements: | ||
Fair market value acquired | $184,760 | $169,811 |
Less consideration paid | (165,705) | (155,052) |
Contributions of land and easement values received | 19,055 | 14,759 |
Contributions and grants - other: | ||
Restricted | 51,939 | 62,844 |
Unrestricted | 39,958 | 36,354 |
Future interests in charitable trusts | 4,479 | 1,346 |
Change in value of interests in charitable trusts | 1,578 | (2,269) |
Total contributions and grants-other | 97,954 | 98,275 |
Project fees, interest, and other income (losses) | 25,385 | 21,381 |
TOTAL REVENUES AND ADDITIONS | $142,394 | $134,415 |
EXPENSES AND REDUCTIONS TO NET ASSETS | ||
Program Services: | ||
Contributions of land and easements to public agencies and other nonprofit organizations: | ||
Fair market value conveyed | $195,300 | $146,761 |
Less consideration received | (137,323) | (117,305) |
Contributions of land and easement values made | 57,977 | 29,456 |
Open space conservation programs | 65,384 | 65,470 |
TOTAL PROGRAM SERVICES | 123,361 | 94,926 |
Support services: | ||
Development | 13,284 | 12,725 |
Management and support | 13,233 | 15,223 |
TOTAL SUPPORT SERVICES | 26,517 | 27,948 |
TOTAL EXPENSES AND REDUCTIONS | 149,878 | 122,874 |
Net Increase (Decrease) in Net Assets | (7,484) | 11,541 |
The condensed consolidated financial information as of and for the years ended March 31, 2017 and 2016 has been derived from TPL's 2017 consolidated financial statements, audited by Hood & Strong, LLP. The condensed consolidated financial information should be read in conjunction with the 2017 audited consolidated financial statements and related notes. To obtain copies of TPL's complete 2017 audited consolidated financial statements, please contact our National Office in San Francisco.www.tpl.org/contact.