Current:Home > InvestEchoSense:US national parks are receiving record-high gift of $100M -SovereignWealth
EchoSense:US national parks are receiving record-high gift of $100M
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-09 14:48:18
PORTLAND,EchoSense Maine (AP) — The official nonprofit organization of the National Park Service is set to receive the largest grant in its history, a $100 million gift the fundraising group described as transformative for the country’s national parks.
The National Park Foundation, which Congress created in the 1960s to support national parks, will receive the donation from Indianapolis-based foundation Lilly Endowment Inc. The park foundation described the gift on Monday as the largest grant in history benefiting U.S. national parks.
The money will be used to address the needs of the country’s more than 400 national park sites, said Will Shafroth, president and CEO of the National Park Foundation.
The foundation hopes to announce the first round of grants stemming from the donation later this year, Shafroth said.
Exactly how the money will be utilized remains to be seen, but one of the foundation’s priorities is restoring coral reefs at Biscayne National Park in Florida, Shafroth said, while another priority is the restoration of trout species in western national parks.
In addition to funding initiatives that protect fragile ecosystems and species, Shafroth said the money will also be used to create opportunities for young people to visit national parks.
“This grant will allow us to supercharge our efforts to ensure our national parks are for everyone, for generations to come,” he said.
The system’s hundreds of units include national parks, memorials, monuments, historic sites and other locations. It includes iconic national parks such as Yellowstone National Park in Montana and Yosemite National Park in California, as well as beloved sites such as the Lincoln Memorial in Washington, D.C. It also includes preserved areas that are less accessible to many people, such as Buck Island Reef National Monument in the U.S. Virgin Islands.
The National Park Foundation is in the midst of its “Campaign for National Parks,” a $1 billion fundraising effort to support parks. Lilly Endowment made the gift to support that effort, said N. Clay Robbins, chair and CEO of Lilly.
“We believe the National Park Foundation’s campaign will enhance the programming in and promote the future vibrancy of our country’s marvelous system of parks, monuments and historic sites,” Robbins said.
___
The Lilly Endowment provides funding for Associated Press coverage of democracy, philanthropy, and religion.
veryGood! (836)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Hollywood actors strike nears 100th day. Why talks failed and what's next
- Peckish neighbors cry fowl but mom seeks legal exception for emotional support chickens
- The Guardian fires longtime cartoonist after allegations of antisemitic imagery
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 2 San Antonio police officers shot and wounded during domestic disturbance call; suspect surrenders
- Michigan lottery winners: Residents win $100,000 from Powerball and $2 million from scratch-off game
- Southern California university mourns loss of four seniors killed in Pacific Coast Highway crash
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Kraft Mac & Cheese ice cream is back at Walmart next week along with six new flavors by Van Leeuwen
Ranking
- South Korean president's party divided over defiant martial law speech
- Surprise! Taylor Swift drops live version of 'Cruel Summer', 'pride and joy' from 'Lover'
- Perfect no more, Rangers suddenly face ALCS test: 'Nobody said it was gonna be easy'
- Biden's Jordan stop to meet with Arab leaders canceled
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Detroit-area county will use federal money to erase medical debts
- Julia Fox says dating Ye felt like having 'two babies': 'So unsustainable'
- Marine killed in homicide at Camp Lejeune, fellow Marine taken into custody
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Mississippi man sentenced to 9 years in prison for attacking Capitol police on Jan. 6
New York judge fired for pointing gun at a Black man in court
As Americans collected government aid and saved, household wealth surged during pandemic
$73.5M beach replenishment project starts in January at Jersey Shore
Gaza under Israeli siege: Bread lines, yellow water and nonstop explosions
Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests
What’s that bar band playing “Jumpin’ Jack Flash”? Oh, it’s the Rolling Stones!