are now co-covenant holders (with Islands Trust Fund) on 17 North
Pender properties, plus the Mellander property (adjacent to the
Medicine Beach Nature Sanctuary) on which we hold the covenant
independently. These covenanted properties total approximately 39
- The Morrison Waxler Biodiversity Protection Legacy Fund helps property owners cover the cost of placing conservation covenants on their special places. We are grateful for the generous contribution from the Morrison family who made this fund available to property owners on North and South Pender. The Morrison Waxler Biodiversity Protection Legacy Fund is administered by the Islands Trust Fund. For information on the fund and how to apply contact the Islands Trust Fund office at 1-250-405-5186 or at Islands Trust Fund.
Pender covenants are under the Islands Trust Natural Areas Tax
Exemption Program (NAPTEP), which provides a 65% reduction in
property taxes on the covenanted land.
- Several covenants are also registered under the Federal Ecological Gifts Program, whereby the value of the covenant offers a federal income tax advantage.