Timber
- Timberland Statistics as of September 30, 2019:
- Total Acres – 77,561
- Initial investment in timberland – $132.9 Million
- Revenue produced from initial investment – $152 Million
- Fair Market Value of Investment at September 30, 2019 – $164.8 Million.
- At September 30, 2019, the timberland investment was valued at $164,804,000. The per acre value was $2,125 at September 30, 2019.
- Total revenue generated for the five-month period ended November 30, 2019, from thinning, clear-cut sales and hunt leases was $2.062 Million.
- The timber management plan for the fiscal year 2020 includes clear-cut sales on approximately 1,570 acres, thinning on 3,400 acres and hunt lease revenue from 75,000 acres.
- In December 2019, the Foundation will plant approximately 2,100 acres with the majority planted in Arborgen mass control pollinated (MCP) seedlings, a genetically improved seedling.