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Though Alabama A&M is Alabama's official 1890 Morrill Act institution, the mission and unique history of Tuskegee are so similar to those of the 1890 institutions that it functions as a de facto land-grant university and is almost universally regarded as one of them. Tuskegee is a land-grant member of APLU, as are Alabama A&M and Auburn.
In other cases, the land will remain in private hands, but the trust will purchase a conservation easement on the property to prevent development, or purchase any mining, logging, drilling, or development rights on the land. Trusts also provide funding to assist like-minded private buyers or government organizations to purchase and protect the ...
Between 1980 and 1995, TPL bought back stock more quickly than it sold land, reducing its outstanding shares by 34% and its land inventory by only 8%, to 1.1 million acres. [9] In 2010, the introduction of hydraulic fracturing and horizontal drilling unlocked oil and gas within the Permian shale, where TPL owned approximately 909,000 acres of land.
A community land trust or (CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community.
Disabled Trust Similar to an A&M trust but established for a disabled person. Reverter to Settlor trust A trust where, on the death of the life tenant, the property reverts to the person making the gift. Nil Rate Band Discretionary trust UK inheritance tax is payable at 40% on estates worth over £325,000 for the 2009-2010 tax year.
A trust generally involves three "persons" in its creation and administration: (A) a settlor or grantor who creates the trust; [11] (B) a trustee who administers and manages the trust and its assets; and (C) a beneficiary who receives the benefit of the administered property in the trust.
Logo for the centennial of land-grant universities. A land-grant university (also called land-grant college or land-grant institution) is an institution of higher education in the United States designated by a state to receive the benefits of the Morrill Acts of 1862 and 1890, [1] or a beneficiary under the Equity in Educational Land-Grant Status Act of 1994. [2]
Originally formed as the Land Trust Exchange in Boston on February 22, 1982, Allan Spader was named its inaugural director. [3] In 1990, the name of the organization was changed to the Land Trust Alliance and was moved to Washington, D.C. [3] The Land Trust Alliance has sponsored "Rally," a yearly conference of conservation professionals, since ...