(i) to encourage and support the study and application of land economics and to support the highest ideals of scholarship and integrity for all fields-professional, business, governmental and land economics affairs and academics in which it is practiced;
(ii) to expand the universe of knowledge and understanding of the principles of land economics and encourage and support the application of such principles to both public policy and private endeavour;
(iii) to provide grants for research projects relating to land economics which are approved or originated by the Board of Trustees; and,
(iv) to perform or facilitate such other projects and activities as will carry out the purposes enumerated above.