Key Concepts

As expressed by the Foundation's mission statement, the Foundation supports sustainable real estate and land use practices. It is important for potential applicants to understand what the Foundation means by these terms, and key concepts of the Foundation's "land use perspective".

Working Definitions

Real Estate
 

Land Use
Real estate means real property. Real property refers to the land and anything of a permanent nature upon the land, such as structures, trees, minerals, and the benefits, interests, and rights thereof.   Land use means access to, ownership, management, control (including regulation, planning, etc.) of real property.

 Land Use Perspective: Key Concepts
  • Sustainable land use includes the environmental, economic, social, and governance* values that shape communities and regions.

* Governance means helping decision-makers make better decisions in the context of official community plans, regional district plans, watershed management plans, and/or planning activities of senior government agencies.

  • Use of land, as well as its conservation, contributes to community well-being.
  • The use of land employs human resources and capital to achieve community well-being and the creation of wealth. As a finite resource, some lands must be conserved. Decisions about the use of public and private land, in myriad circumstances, should be based on objective and current information. This is in the interest of the public trust.
  • The Foundation's goal is to support responsible land use, where "responsible" means informed and accountable.

Mission & Strategy | Funding Criteria | Letter of Inquiry | Grant Application