This program fosters the replishment of Madison's valuable and gracious tree canopy. Trees are a community resource that provide tangible benefits, in terms of visual and aesthetic attributes, environmental assets, health benefits, and economic value. The City of Madison recognizes the benefits of its trees and is committed to the conservation and enhancement of its environment.
A SHARED COMMUNITY INVESTMENT PROGRAM
- Ricketts Trust - A $25,000 Endowment
About the Benefactor - Gwyn Thomas Ricketts
- 15-25 2.5-caliper trees planted annually
- Non-expendable trust with annual earned interest fully devoted to trees
- Simple partnership - 1/2 citizen match; 1/2 Ricketts grant funds
- Installation by city provided that tree is visible from the public right-of-way
- Complements the municipal R-O-W planting committment
- 5% annual earned interest dedicated to building principal
During its inaugural planting season, the T.R.E.E. program spurred approximately $4,500 of shared community investment. To date, Madison's community forest has gained 43 trees; total investment through the program represents more than $14,200; and, the Ricketts Trust now totals $26,825. At the five-year mark, Madison's tree canopy will be embellished by more than 100 new trees and community investment will total around 30,000, exceeding the original endowment! Most importantly, the Ricketts Trust will have increased through municipal stewardship and community participation and will still be viable for future planting initiatives.
For information: TREE Brochure, P
