The Foundation timberland investment consists of 77,486 acres.

  • The timberland investment was valued at $174,438,000, at March 31, 2022.
  • Total revenue from the timber asset is more than $2,400,000 for the period from July 1, 2021, through May 31, 2022.
    • Revenue from the sale of timber for fiscal year 2022, was $1,821,000.
    • Revenue from hunt leases added another $496,000 to revenue from the timber asset.
    • Other leases provided an additional $81,317.
  • The five-year forecast for 2022-2026 projects revenue of $2.5-3 Million annually generated from clear-cut sales, thinning and hunt leases. 
  • At March 31, 2022, the investment in timberland represents 40.94% of the net assets of the Foundation.
  • The timber asset class is characterized by its low volatility and constancy of value while providing a consistent revenue source.  The value of the investment was $174,438,000, at March 31, 2022.  Total revenue from the sale of timber since the beginning of timber operations has been $158.6 Million.
  • Plans for the 2022-2023 year are:
    • Clear-cut sales of timber on 1,500 acres;
    • Planting 1,069 acres;
    • Planting ArborGen seedlings with excellent performance ratings for potential growth to be planted in December 2022; and
    • Leasing more than 75,000 acres for hunting generating revenue of more than $519,000.