Timber land holdings is a niche for sure.. some of the largest owners in the US are the Harvard endowment and John Hancock. at least as it relates to North west timber holdings. 

People often talk about the amazing returns produced by college endowments, some hedge funds, private equity, etc.  

Well and good for the long term, but a park isn't going to make the houses around it appreciate like crazy, and the park is only going to happen on the glacial timescale of the Heinz Endowment and the other two foundations that own the park.

@Antoine Martel  nothing unique about timber.. its the number one best passive investment in the US hands down.. the largest owners of US timber land are  John Hancock and the Harvard endowment fund.  10 to 14% returns annually all passive ... beat the crap out of most anything else if your looking for true passive.it was the absolute best thing I have ever done in real estate...

Specifically, I can see this potentially being a low-risk, transparent, and even lower cost (in the long run) solution to family offices, HNWI, developers and even university endowments looking to deploy capital.

By charity, you can mean any several avenues of tax exempt vehicles and some are incredibly time consuming and heavily regulated that they only make sense if you have an incredibly large endowment to give to the charity. 

If you can find BRRRRs down there, your profit from this sale could be your "BRRRR endowment" and set you up for several less expensive properties where you actually live.

John Hancock and the Harvard endowment fund. 

I am imagining these are cash and carry deals, Harvard Endowment owned a crap ton timber land, thats going back 300 years.

Term may be great for pure protection while you're building your assets, but like some of the prior replies it will vary with your life goals, plans, and preferences.First of All if term was so great for "everyone," (blanket) you'll be hard pressed to renew that term policy past 65 when you'll probably need it most and then secondly as term gets past 40-50,50-60, and 60-65 its prohibitively expensive even on the just the pure insurance aspects of it.Then 65 till death you'll need a great game plan and have enough assets working you and your heirs because if they inherit the estate without adequate liquidity to pay the final expenses they would have to fire sale the assets/real estate in order to do so at a time when they probably wouldn't want to focus on those business particulars.Then on top of that if you own more than the current 5.25 mil in assets you may have an estate tax issue as well subject to the current 40% rate + state if applicable.If you would have fully funded your permanent policy adequately to the MEC (modified endowment contract) limits when insurance was cheaper such as at "birth," by the parents, by the time the kid is 8-12 they could have a policy that probably earns more than cost of the premium payment based off internal policy returns which would allow the policy to continue indefinitely assuming you have a professional review your policy annually and do analysis when you plan to take a withdrawal or a loan to make sure the policy is respected.