New Hampshire · Nonprofit
HANOVER CONSERVANCY
HANOVER CONSERVANCY (New Hampshire) receives grants from 27 organizations whose IRS filings report $854,053 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($219,450). 15 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $573k
- Funders on record
- 27
- Grants received
- $854k
- Net assets
- $5.0M
What Hanover Conservancy does
Mission
The Hanover Conservancy, the oldest local land trust in new hampshire, protects the land and waters of our community through land conservation and stewardship, education, and advocacy for conservation-oriented public policy.
As stated on its FY2025 Form 990.
Programs
Education and outreach - the Hanover Conservancy reaches out to the community to engage it in land conservation and stewardship. A regular calendar of 24 free events attracted over 1,000 community members to guided trips on conserved lands and indoor nature-oriented programs. The conservancy continued to recruit and train new volunteers and provide information on important conservation issues through its comprehensive website, electronic newsletters and community activities. We also expanded our offerings of self-guided experiences, including the summer hanover trails challenge and hanover hikes of the month. We offer a $2,000 scholarship to a deserving hanover high school senior who plans to pursue environmental science in college.
$73,758 spent39% of program spendingLand conservation - the Hanover Conservancy pursues a goal of protecting at least 30 percent of our town's land area by 2030, using a carefully crafted set of strategic conservation priorities customized for each region of our topographically diverse town. In the connecticut river corridor, we accepted the gift of a conservation easement on nathan's garden, a beloved naturalized space near downtown. In the rural part of hanover, we are nearing completion of a project with the usda natural resources conservation service to protect a piece of valuable agricultural land. In the remote, mountainous region of hanover, we moved quickly to secure a contract on a 37-acre piece of high-climate-resilient land abutting our own protected lands and the federal appalachian trail corridor. This purchase was completed just after the close of the fiscal year. In this region of town, we also sold a piece of prime agricultural land after placing conservation restrictions on it and are preparing to accept the gift of 92 acres of valuable mountainside wildlife habitat. We continued work on three projects to expand the appalachian trail corridor and protect valuable habitat with a conservation partner.
$58,431 spent31% of program spendingLand stewardship - the conservancy has eight fee land holdings, including the 112-acre mink brook nature preserve, the 113-acre greensboro ridge natural area, 22 acres at the balch hill natural area, the 38-acre lower slade brook natural area, the 92-acre mayor-niles forest, the 79-acre britton forest, the 140-acre headwaters forest, and the 1.5-acre tunis brook mill lot, soon to be joined by the 37-acre hewes ravine and 92-acre black bear glen. All are managed to protect the natural features and functions of the land, promote climate change resilience, and allow public recreational access. The conservancy also holds and monitors conservation easements and deed restrictions on an additional 576.9 acres and manages nearly 20 miles of public trails. Signage, trail maps, and an extensive website help the public understand the value of these lands and how they may be enjoyed.
$58,851 spent31% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $191,040.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.1M to $4.5M (+43%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 49% · 2020 1% · 2021 6%. Grants only. Government contracts and fees sit inside program revenue.
123% of HANOVER CONSERVANCY’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Adair Mulligan
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 11 funders, grant income rose $45k → $146k.
8 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 69% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HANOVER CONSERVANCY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HANOVER CONSERVANCY has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HANOVER CONSERVANCY.
Largest funder’s share by year: 2017 74% · 2018 57% · 2019 80% · 2020 25% · 2021 54% · 2022 49% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of HANOVER CONSERVANCY's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
69% of HANOVER CONSERVANCY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $262k that is directly attributable, 60% of it comes from New Hampshire funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $592k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HANOVER CONSERVANCY runs a healthier operating margin than three-quarters of the 2,606 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,606 environment nonprofits $100k–$1M, FY2025
Organizations like HANOVER CONSERVANCY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Hampshire
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
67% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HANOVER CONSERVANCY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HANOVER CONSERVANCY?
- HANOVER CONSERVANCY (New Hampshire) receives grants from 27 organizations whose IRS filings report $854,053 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($219,450). 15 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HANOVER CONSERVANCY have?
- IRS filings report 27 organizations giving $854,053 in grants to HANOVER CONSERVANCY, 15 of which have funded it in more than one year.
- Who is the largest funder of HANOVER CONSERVANCY?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $219,450 in grants. The full list of funders is on this page.
- How can an organization like HANOVER CONSERVANCY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Hampshire. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hanover Conservancy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing