American Friend’s Cross-border Conservation Program is all about transactions that involve the protection of an important Canadian property that is owned by a U.S. taxpayer and a Canadian charity or government agency. Successful completion of these transactions requires an understanding of tax laws, real estate practices and conservation procedures from both countries.
The documents and links provided below offer insights into the evolving field of cross-border conservation. Click on the icon or title to download the resource document.
This fact sheet provides land trusts with an overview of cross-border conservation gifts to help them successfully complete these transactions, and protect more of Canada’s natural legacy. In addition, this document introduces American Friends of Canadian Land Trusts (American Friends) and explains how a partnership with American Friends can allow a Canadian organization to accomplish its strategic conservation objectives involving American landowners.
Guidance on how to order, prepare and review an appraisal to substantiate the value of a conservation gift according to Internal Revenue Service requirements.
There is an important step that Canadian land trusts involved in cross-border conservation gifts may want to take in order to maximize tax benefits for donors and to eliminate potential tax problems for donors. This step is required to meet U.S. tax law requirements for land trusts interested in accepting cross-border transfers of conservation easement or other partial interests in land from the American Friends of Canadian Land Trusts.
Ecological Gifts Program from Environment Canada provides substantial Canadian tax incentives for preserving ecologically significant properties.
Nova Scotia Nature Trust created this complete overview in 2006 as part of its leadership role in cross-border conservation. Much of the information contained in the Guide is still current and it remains the most thorough primer on the opportunities and challenges associated with American Friends’ work. Because American Friends was in its infancy in 2006 information about the organization is outdated. New versions of all the Fact Sheets mentioned in the Guide are available through the links that follow. These should be the readers’ source of information about American Friends.