Under certain circumstances, Aqueduct holds and manages ecologically-sensitive land. This is done on an interim basis in collaboration with land trusts dedicated to long-term environmental protection. Aqueduct’s goal is to act as a bridge to preserve the land and sell it back to the land trust at cost.
Frequently Asked Questions
Aqueduct buys and holds ecologically sensitive land on a temporary basis to preserve it. Aqueduct does this in collaboration with land trusts.
Yes. Aqueduct has charitable purposes, which allows it to operate charitable programs such as community based scholarships, artist foundations, management of ecologically sensitive land, and managing charitable purpose real estate.
In addition to Canadian registered charities and qualified donees, Aqueduct funds can also support special charitable programs. For example, Aqueduct works with donors to establish and run community-based scholarships, art foundations, and to hold environmentally sensitive land. Aqueduct is expanding its mission to make grants to organizations that are not Canadian registered charities, such as Canadian non-profits carrying out charitable purposes or international charities.
