Endowment Fund
Description of the Fund
A unique part of the Agreement was the establishment of an Endowment Fund "to conserve and protect wilderness and wildlife habitat" and "to enhance recreation opportunities". Contributions by the City of Seattle and the Province of British Columbia created a fund of U.S. $5,000,000. With interest and additional payments based on power purchases, it is expected that the Fund will last for the life of the Agreement.
