Job Details
Request for Proposal (RFP) for Feasibility Study on developing a Land Trust
for Farm Sanctuary
Introduction
- Farm Sanctuary is seeking proposals from qualified consulting firms or individuals to conduct a feasibility study for creating a Land Trust (LT) focused on preventing land from being used for animal agriculture.. The initial focus of this project is to establish a Food Systems Shift Trust structure. The project aims to explore the viability, legal considerations, financial structures, and potential impacts of establishing the Trust to support equitable, sustainable, and plant-based food systems.
Project Background
- Farm Sanctuary has garnered support from institutional funders interested in sustainable agricultural transitions. The Food Systems Shift Trust seeks to leverage land assets to facilitate positive impacts on animal welfare, environmental sustainability, and societal equity. The Trust will engage impact investors, high-net-worth individuals, and retail investors interested in transformative food system initiatives.
Objectives
- Assess the feasibility of establishing a Land Trust structure for animal agricultural land transition.
- Evaluate legal, financial, and regulatory considerations for the proposed Trust.
- Determine potential risks, challenges, and opportunities associated with the initiative.
- Develop a comprehensive business plan and investor prospectus for the Trust.
- Provide recommendations for sustainable land acquisition strategies and investment options.
Scope of Work
- The consulting firm/individual will:
- Review provided project documents, including proposals, background information, and proposed structure for farmland.
- Analyze research done on Land Trust models in the agricultural and philanthropic sectors.
- Analyze tax-exempt status qualification under IRC 501(c)(3), public charity status, and potential risks to stakeholders.
- Identify potential partners, stakeholders, and engagement strategies for Trust development and scalability.
- Deliver a detailed feasibility report and strategic plan and presentation materials to develop a Land Trust.
Timeline
- The project is expected to be completed within 3 months from the contract commencement date, with milestone reviews and progress updates as agreed upon.
Proposal Submission
- Interested parties should submit:
- Company/Individual profile highlighting relevant experience and expertise.
- Proposed methodology, work plan, and timeline for the feasibility study.
- Detailed budget breakdown including fees, expenses, and deliverables.
- References or case studies demonstrating successful similar projects.
Evaluation Criteria
- Proposals will be evaluated based on:
- Experience and qualifications of the consulting firm/individual.
- Methodology, approach, and feasibility study plan.
- Budget competitiveness and value proposition.
- Demonstrated understanding of legal, financial, and operational complexities in Land Trust structures.
Contact Information
- For inquiries, budget and proposal submission, please contact Cynthia Von Schlichten in Legal by July 5, 2024 extension may apply.