Weyerhaeuser Pledges $1 Million Gift to Nature Conservancy
July 31, 2006 (Press Release) - In their largest combined gift to a U.S.- based conservation organization, Weyerhaeuser Company and the Weyerhaeuser Company Foundation have pledged $1 million to The Nature Conservancy, offering to support a range of forest conservation and biodiversity projects in both the Northwest and the Southeast, the Conservancy announced today.
The contributions will include both cash and interests in forest land. Weyerhaeuser is focusing on projects in the Northwest and the Southeast because the paper and forest products company owns or leases 6.4 million acres of managed forests in those two regions.
Over the next five years, Weyerhaeuser and the Conservancy will select projects in several states, including Washington, Oregon, North Carolina, Mississippi, Arkansas, Alabama, Louisiana and Oklahoma. The first round of projects will be selected this fall. The company and the organization have also agreed to work collaboratively to improve their understanding of managed forests and biodiversity conservation.
The Weyerhaeuser Company Foundation works to improve the quality of life in communities where Weyerhaeuser has a presence and increase understanding of the importance and sustainability of forests and products. Begun in 1948, the Foundation has contributed more than $183 million to non-profit organizations.
SOURCE: Weyerhaeuser Company