Qualified Entities

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The Conservation Bank Act empowered the Conservation Bank to award grants to eligible trust fund recipients for the purchase of interests in land so long as the grants meet the purpose of the Act and meet the proper criteria as contained in the Act.

An "eligible trust fund" recipient is defined in the Act as:

  1. The SC Department of Natural Resources; The SC Forestry Commission; and The SC Department of Parks, Recreation, and Tourism.
  2. A municipality of SC and any agency, commission, or Instrumentality of such a municipality
  3. A not-for-profit charitable corporation or trust authorized to do business in SC whose principal activity is the acquisition and management of interests in land for conservation or historic preservation purposes and which has tax-exempt status as a public charity under the Internal Revenue Code of 1986.

The South Carolina Conservation Bank is prohibited by law from owning any interests in land. If a landowner is interested in conveying a conservation easement on his property it must be to a qualified entity who will hold the easement agreement and be responsible for the terms of the easement. A list of qualified entities and contact information is included herein.

Listing of South Carolina Land Trust - Qualified Entities


 

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