A Bold Vision — At Risk of Loss
With the onset of the Great Recession, Commonweal Conservancy struggled to repay its land acquisition and infrastructure development loans.
By 2010, the nonprofit's credit obligations had lapsed into default and, in early 2017, the organization was threatened with foreclosure and potential bankruptcy.
In response to the GBP's impending foreclosure, the Eugene V. and Clare E. Thaw Charitable Trust purchased Commonweal's outstanding loan obligations for approximately 50% of the organization's accrued $11.2M obligation to protect the preserve's open spaces and trails.
The Thaw Charitable Trust’s unprecedented conservation investment affords Commonweal an opportunity to fulfill its conservation vision for the preserve —ensuring the land’s permanent protection, enhancing its open space and trails resources, restoring its habitat values and improving its accessibility.
After Enduring a Decade of Struggle and Uncertainty… New Opportunity!
The resolution of Commonweal’s long-held debt breathes new life and opportunity into the Galisteo Basin Preserve. This said, Commonweal’s long-held stewardship ambitions for the preserve can only be achieved with significant support from major donors, foundations, corporate gifts and community contributions.
In November 2018, Commonweal took its first steps toward launching a $1.4M "Stewardship Campaign;" a philanthropic funding initiative that will allow Commonweal to overlay the property with conservation easements, expand the GPB's trail network, improve access roads, upgrade trailheads, add facilities and re-capitalize the organization.
Your Gift - Your Legacy
Your support will ensure that the wildlife, recreation, scenic and cultural resources of the Galisteo Basin Preserve are restored and reclaimed. Specifically, your generous gift will allow us to:
Design and develop 22+ miles of new trails
Protect thousands of acres of open space, wildlife habitat and trails with conservation easements
Construct an all-weather road to the Cottonwood Trailhead, as well as rebuild other GBP trailhead parking areas
Develop an 80-seat amphitheater for community use (educational, performance, and ceremony)
Facilitate stewardship initiatives such as trail building/maintenance, arroyo and grasslands restoration, community agriculture and wildlife habitat enhancements
Improve wayfinding signage through the trail network
Connect GBP trails with other regional trail networks (e.g., Santa Fe Rail Trail, Thornton Ranch open space)
Lease adjoining property from the State Land Office for open space and trail uses
Construct a water-serviced bathroom at the Cowboy Shack trailhead
In addition to these protective initiatives and property improvements, the campaign will also help recapitalize the organization and allow Commonweal to fulfill a number of outstanding non-mortgage related financial obligations.
Please Donate Now!
Your gift will serve as a profound and lasting legacy for future generations and will ensure that the preserve is a landscape...of forever.
Your donation is tax-deductible to the full extent permitted by law.
DONATE BY CHECK
If you would prefer not to donate online, you can make a contribution by downloading our Contribution sheet (PDF 590K) and mailing it with a check to:
Attn: Ted Harrison
369 Montezuma Ave, #495
Santa Fe, New Mexico 87501
We'll send you a thank you note and, if you donate $250 or more, we’ll also send you a GBP sticker!
THANK YOU for helping ensure the permanent protection and long-term, respectful stewardship of the Galisteo Basin Preserve.
If you’d like to talk with someone about the donation process, please contact Ted Harrison at 505.690.3094, or email him at email@example.com. To learn more about Commonweal, please visit www.CommonwealConservancy.org