The Patrick Henry Memorial Foundation placed a permanent open-space easement on Red Hill, the home of Patrick Henry, the first Governor of the Commonwealth of Virginia. The easement resulted in 600-acres being preserved through the Virginia Outdoors Foundation. The conservation easement is intended to protect the historic and open space qualities of the property, fund additional interpretation of existing historic elements while enabling the installation of several new historic interpretive elements. The preservation of Patrick Henry’s Red Hill was made possible through the partnership of the Patrick Henry Memorial Foundation, the Ward Burton Wildlife Foundation, Virginia Outdoors Foundation, and Beechtree Group with funding from the Virginia Land Conservation Foundation and Preservation Trust Fund.
View Press Release Learn More
In 1988 the General Assembly of Virginia passed the Virginia Conservation Easement Act to promote land conservation across the Commonwealth. In 1999, the General Assembly further encouraged land conservation transactions by enacting Va. Code Section 58.1-512 to provide state tax incentives for conservation transactions. These laws supplement the Federal law, embodied in IRS code section 170(h), which creates a federal tax benefit for donors of qualified conservation contributions, commonly structured as conservation easements (CE). Landowners, aka "Grantors" across the state have benefited from these laws by unlocking value from their real estate holdings in the form of federal and state tax incentives. Future Blackwater Park, Franklin,Virginia, where authors have invested in and are in the process of constructinga 203-acre nature park to protect over 140 acres of standing hardwood timberlands on the state's scenic Blackwater River. Read More
Learn More