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Michigan fund created from oil andgas revenues has awarded nearly $1.4bn

Michigan’s Natural Resources Trust Fund is marking 50 years of supporting land conservation and outdoor recreation. Created in 1976 using earnings from state-owned oil, gas and mineral revenues, the fund has awarded nearly $1.4 billion so far. Its latest grants include $6.5 milli

Read full story on Times of India
TOI WORLD DESK26 Aug 2026, 12:44 pmUpdated 1h ago1 min readIndiaIndia
Michigan fund created from oil and gas revenues has awarded nearly $1.4bn

IndiaTOI WORLD DESK

Michigan’s Natural Resources Trust Fund is marking 50 years of supporting land conservation and outdoor recreation. Created in 1976 using earnings from state-owned oil, gas and mineral revenues, the fund has awarded nearly $1.4 billion so far. Its latest grants include $6.5 million to acquire nearly 22,650 acres in the Keweenaw Peninsula, along with funding for parks, trails, waterfront areas and recreation projects across Michigan.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India

Source: Times of India · TOI WORLD DESK. Published 26 Aug 2026, 12:44 pm.

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