Open Space Institute Land Trust Inc

Organization Overview

Open Space Institute Land Trust Inc is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Space Institute Land Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Open Space Institute Land Trust Inc generated $44.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $21.9m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Open Space Institute Land Trust Inc has awarded 250 individual grants totaling $47,453,671. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A SUPPORTING ORGANIZATION OF THE OPEN SPACE INSTITUTE, INC. THAT PROTECTS AND CONSERVES LAND.

Describe the Organization's Program Activity:

LAND PROTECTION PROGRAM: SMART, STRATEGIC LAND CONSERVATION STRENGTHENS COMMUNITIES, ENSURES ACCESS TO DRINKING WATER RESOURCES, PROVIDES RECREATIONAL RESOURCES, CURBS CLIMATE CHANGE, AND PROTECTS HABITATS. WORKING THROUGHOUT THE EASTERN UNITED STATES, WITH PROJECT CONCENTRATIONS IN NEW YORK, NEW JERSEY, SOUTH CAROLINA, AND GEORGIA, OSI ACQUIRES LAND OF ECOLOGICAL, RECREATIONAL, AND CLIMATE PROTECTION SIGNIFICANCE WITH THE GOAL OF CONVEYING IT TO PUBLIC AGENCIES AND CONSERVATION PARTNERS AS PERMANENT ADDITIONS TO PUBLICLY ACCESSIBLE LANDS. IN 2021 OSILT PROTECTED 14,236 ACRES OF LAND HAVING A FAIR MARKET VALUE OF OVER $49.2 MILLION.


PARKS AND STEWARDSHIP: GREAT PARKS AND TRAILS OFFER SANCTUARY IN OUR BUSY LIVES; ARE VITAL RECREATIONAL, CULTURAL, AND ECONOMIC DESTINATIONS; AND HELP FOSTER THE NEXT GENERATION OF ENVIRONMENTAL STEWARDS. OSI MAKES THE OUTDOORS MORE WELCOMING AND ENJOYABLE FOR LONG-TIME VISITORS AND NEW EXPLORERS ALIKE THROUGH PARK IMPROVEMENTS,THE CREATION OF NEW TRAILS AND GREENWAYS, AND ADVOCACY FOR INCREASED STATE AND FEDERAL INVESTMENT. THROUGH ITS STEWARDSHIP WORK, OSI MONITORS AND ENFORCES CONSERVATION EASEMENTS, OVERSEES THE MANAGEMENT OF PROPERTIES CONSERVED WITH THIRD-PARTY PARTNERS, AND PROVIDES INTERIM MANAGEMENT FOR PROPERTIES THAT WILL BE CONVEYED TO PUBLIC AGENCIES OR OTHER CONSERVATION PARTNERS.


CONSERVATION CAPITAL PROGRAM (CCP): GUIDED BY SCIENCE, WITH A FOCUS ON CLIMATE CHANGE, WATER PROTECTION, FORESTS, AND WILDLIFE HABITAT, OSI WORKS WITH FOUNDATIONS TO DESIGN AND ADMINISTER CAPITAL RE-GRANT PROGRAMS, DIRECTING CAPITAL AND LOW-COST LOANS TO ACCELERATE THE RATE AND EFFECTIVENESS OF CONSERVATION. OSI ALSO OFFERS CATALYST GRANTS TO LOCALITIES AND THEIR CONSERVATION PARTNERS TO INCORPORATE STRATEGIC LAND PROTECTION INTO LOCAL PLANNING EFFORTS. IN 2021, OSLT MADE SEVEN CAPITAL GRANTS TOTALING $762,427, PROTECTING 4,383 ACRES IN FOUR STATES WITH AN FMV OF $9,258,537. FURTHER, OSI APPROVED 16 GRANTS FOR PLANNING AND TECHNICAL ASSISTANCE TOTALING $185,275.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quatrefoil Inc
Landscape Architecture & Design
$964,975
Mombaccus Excavating Inc
Trail Construction
$772,829
Pe Colucci Excavating Inc
Building & Trail Construction
$560,558
Ben Cox Company Llc
Building & Trail Construction
$471,888
Sargent Corporation
Trail Construction
$431,978
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,905,806
All other contributions, gifts, grants, and similar amounts not included above$14,406,947
Noncash contributions included in lines 1a–1f $937,153
Total Revenue from Contributions, Gifts, Grants & Similar$22,312,753
Total Program Service Revenue$1,406,388
Investment income $725,576
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $110,598
Net Gain/Loss on Asset Sales $19,659,812
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $44,215,127

Grants Awarded

Over the last fiscal year, Open Space Institute Land Trust Inc has awarded $3,344,504 in support to 33 organizations.

Grant RecipientAmount

DRAYTON HALL PRESERVATION TRUST

PURPOSE: TRANSFER FEE TO LOCAL PRESERVATION

$1,323,635

THE NATURE CONSERVANCY

Org PageRecipient Profile

Arlington, VA

PURPOSE: APPALACHIAN LANDSCAPE PROTECTION

$606,750

THE CONSERVATION FUND

Org PageRecipient Profile

Arlington, VA

PURPOSE: SOUTHERN CUMBERLANDS LAND PROTECTION

$207,000

WILDLANDS CONSERVANCY

Org PageRecipient Profile

Bronx, NY

PURPOSE: APPALACHIAN LANDSCAPE PROTECTION AND DELAWARE RIVER WATERSHED PROTECTION FUND

$206,600

THE LAND CONSERVANCY OF NEW JERSEY

Org PageRecipient Profile

Boonton, NJ

PURPOSE: DELAWARE RIVER WATERSHED PROTECTION FUND

$186,350

NEW JERSEY BIKE & WALK COALITION

Org PageRecipient Profile

Montclair, NJ

PURPOSE: ESSEX HUDSON GREENWAY

$157,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Open Space Institute Land Trust Inc has recieved totaling $4,270,808.

Awarding OrganizationAmount
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO SUPPORT EXEMPLARY LAND TRANSACTIONS TO ACCELERATE CONSERVATION THAT FACILITATES WILDLIFE ADAPTATION TO CLIMATE CHANGE IN PRIORITY LANDSCAPES OF THE FOUNDATION

$1,100,000
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO SUPPORT EXEMPLARY LAND TRANSACTIONS TO ACCELERATE CONSERVATION THAT FACILITATES WILDLIFE ADAPTATION TO CLIMATE CHANGE IN PRIORITY LANDSCAPES OF THE FOUNDATION

$1,100,000
Thomas L Kempner Jr Foundation Inc

Southampton, NY

PURPOSE: GRANT EXCLUSIVELY FOR PROJECT EXPENSES ASSOCIATED WITH THE ESSEX HUDSON GREENWAY.

$855,797
Topfield Foundation Inc

Loudon, NH

PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE

$500,000
Tucker Foundation

Ooltewah, TN

PURPOSE: GENERAL SUPPORT - APPALACHIA LANDS

$250,011
Zg Foundation Inc

East Hanover, NJ

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$110,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$179,244,964
Earnings$18,860,635
Other Expense$7,738,259
Ending Balance$190,367,340

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