The Great Lakes Protection Fund: What is it?

This is a publicly funded, privately managed company that was established in 1989 by the governors of states surrounding the Great Lakes in North America. Its primary mission is to utilize a one-time injection of public funds to test and implement initiatives aimed at enhancing the health of the Great Lakes and empowering states to address their specific Great Lakes-related priorities. Where might you have come across information about the Great Lakes Protection Fund? The Fund gained attention in May 2017 with the announcement of Lee Swindall’s appointment as the new Executive Director of the organization. He assumed his role at GLPF in July 2017, becoming the third person to hold the position of Executive Director since the Fund’s inception in 1989.

What you should be aware of regarding the Great Lakes Protection Fund: The Fund operates as a membership-based corporation, with the governors of states that have contributed to the initial capital serving as members ex officio. Currently, the states of Minnesota, Wisconsin, Illinois, Michigan, Ohio, New York, and Pennsylvania are recognized as active members. As of March 2017, the Fund has directed the earnings from its endowment towards supporting 269 regional projects, representing an investment of over $78 million through grants and loans. Additionally, the Fund has allocated more than $48 million in direct assistance to member states for their discretionary use. It’s worth noting that the Fund is restricted from expending the publicly funded endowment.

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