Yellowstone National Park is set to receive a major donation for conservation, scientific research, and visitor access through a new $105 million fund announced by the National Park Service, Yellowstone Forever, and Tallgrass, an infrastructure company backed by Blackstone.
Announced on October 19th, the Conservation and Stewardship Fund represents the largest single private gift in National Park Service history. The fund is set to provide long-term financial support for the management and preservation of the world’s first national park.
Fund Will Support Conservation and Visitor Access
The $105 million fund will focus on three priorities, including advancing conservation and scientific research, improving park infrastructure, and expanding opportunities for visitors to experience Yellowstone.
Investments in research will help extend the reach of scientific work conducted in the park, while infrastructure improvements are intended to enhance visitor access and experiences. The fund will also support efforts to help Wyoming students and community members visit Yellowstone.
That initiative will include the creation of the Tallgrass WYld Yellowstone Initiative, named after the energy infrastructure company, which has operated in Wyoming for more than a decade. Interior Secretary Doug Burgum said the investment would help expand access to Yellowstone and encourage future generations to experience America’s outdoors.
“This is a transformational investment in Yellowstone National Park. It gives us the ability to meet urgent needs today while building enduring support for the research, education, stewardship and visitor infrastructure that will protect this park for generations to come.” – Lisa Diekmann, President & CEO of Yellowstone Forever.
National Park Service Retains Management Authority
Despite the significant private contribution, the National Park Service will retain full authority over decisions involving Yellowstone’s management. Any projects supported by the fund must comply with applicable laws, policies and park priorities.
Blackstone’s Global Head of Infrastructure Sean Klimczak said the gift reflects the company’s commitment to protecting Yellowstone for future generations while supporting surrounding communities. Tallgrass CEO Crystal Heter also emphasized the company’s connection to Wyoming and its desire to preserve the park’s natural heritage.
Protecting America’s First National Park
Established in 1872, Yellowstone encompasses more than 2.2 million acres across Wyoming, Montana and Idaho. The park is internationally known for its geothermal features, wildlife and diverse natural and cultural resources.
The new fund establishes a substantial source of private support for Yellowstone’s future, bringing together the National Park Service, its nonprofit partner and private industry to advance conservation and public access.
