2015 New York Laws
ACA - Arts and Cultural Affairs
Title T - NATURAL HERITAGE TRUST
Article 55 - (55.01 - 55.23) NATURAL HERITAGE TRUST
55.15 - Creation of trust a public purpose.

 55.15. Creation  of  trust  a  public  purpose.  It is hereby found,
  determined and declared that the creation of the trust and the  carrying
  out  of its corporate purposes is in all respects for the benefit of the
  people of the state of New York, for the preservation and improvement of
  the  natural,  historic  and  waterfront  resources  constituting  their
  natural heritage and in furtherance of their welfare and prosperity, and
  is  a  public purpose, in that the trust will be performing an essential
  governmental function in the exercise of the powers conferred upon it by
  this title and  the  trust  shall  not  be  required  to  pay  taxes  or
  assessments  upon  any  of  the  property  acquired  by  it or under its
  jurisdiction and control, or upon its activities in  the  operation  and
  maintenance  of  such properties or use of any moneys, revenues or other
  income received  by  the  corporation.  All  contributions  of  real  or
  personal  property  made to the trust whether by gift, devise or bequest
  shall qualify as deductions in computing the net taxable income  of  the
  donor  for  the  purposes  of any income tax imposed by the state or any
  political subdivision thereof.