Timber
The Foundation timberland investment consists of 77,585 acres.
The timberland investment was valued at $176,558,000, at September 30, 2024. Timber investment represents 38.39% of the net assets of the Foundation. Timber is an asset with attributes of constancy in value, low volatility and a manageable cash flow.
Timber activities in fiscal year 2025 to date include:
- Revenue from the timber investment of $2.3 Million from July 1, 2024 through December 2024.
- The revenue is generated from:
- Clear-cut sales and pay-as-cut sales of 1,479 acres;
- Thinning on more than 1,000 acres; and
- 108 hunt leases on more than 76,000 acres.
- The revenue is generated from:
- In December 2024, 2,300 acres will be planted with ArborGen Mass Control Pollinated seedlings with projected greater volume.
Total revenue from the sale of timber since the beginning of the Foundation’s timber operations has been more than $166,205,488.