X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHILADELPHIA-Winterthur, the 1,000-acre former private estate of Henry Francis du Pont, gives a conservation easement to the Chadds Ford, PA-based Brandywine Conservancy. Known primarily for its 60-acre garden and vast collection of American antiques, the estate opened to the public in 1951 and gained federal tax-exempt status as a museum in 1979.

The donation represents the conservancy’s fourth-largest land tract and one of the largest single tracts of preserved land north of Wilmington, DE.

Founded to preserve and protect American artistic, natural and historic resources, principally in the Brandywine region, the conservancy has similar easements on approximately 37,000 acres in the rapidly developing Brandywine Valley.

Located on Route 52, six miles northwest of Wilmington, DE and about 50 minutes south of Philadelphia, Winterthur is supported by a $321-million endowment along with museum membership, tours and licensing agreements with companies that manufacture reproduction furnishings and other products. It has an annual operating budget of $23 million.

The estate once encompassed 2,600 acres, 1,600 of which were sold or bequeathed by du Pont, who died in 1969.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.