Issuu

2025–2026

IMPACT REPORT

TABLE OF

CONTENTS

INTRODUCTION

Q&A WITH PRESIDENT & CEO

IMPACT IN ACTION

PROTECT

PRESERVE

ENHANCE

50 YEARS OF THE INSTITUTE

DONORS

FINANCIALS

LEADERSHIP & SUPPORT

PHOTO CREDITS

“The support Yellowstone Forever provides is critical to this park. Together, we are making real progress across the areas that matter most: strengthening the Yellowstone ecosystem, adding and improving housing, advancing education and Tribal engagement, and building workforce resilience. What sets this partnership apart is that Yellowstone Forever’s support is flexible, responsive, and aligned with the park’s priorities.” CAM SHOLLY Superintendent Yellowstone National Park

A LETTER FROM OUR BOARD CHAIR

DOUG SPENCER Dear Friends, When I took my first trip into Yellowstone as a kid in 1964, I didn’t yet know that it would become a through-line of my life. What I understand after countless trips into the park and eight years of serving on the board of Yellowstone Forever, is that a place like this doesn’t take care of itself. It endures because people choose to stand behind it. This past year, you did exactly that. To our donors: thank you. Every gift is a vote of confidence in Yellowstone’s future. You are the reason we can turn wonder into impact, science into healthy ecosystems, and education into stewardship. Yellowstone is a model for the entire national park system, and your generosity ripples far beyond its boundaries. I also want to thank our partners at the National Park Service. Our mission—to protect, preserve, and enhance this park through education and philanthropy—only works because of the rangers, scientists, and crews who steward this landscape every single day, often under real pressure and always with extraordinary dedication. Our partnership is the foundation of everything we accomplish together. I am deeply proud of what we achieved together this year. In this report, you will see how we strengthen the Yellowstone ecosystem, preserve the features and wild places that make this park unlike anywhere on Earth, and open the doors to transformational learning—the kind of experiences that spark wonder and inspire a lifetime of care. We are stronger financially than ever before, and have been able to provide consistent support to the essential work of protecting, preserving, and enhancing Yellowstone National Park.

This year carried a special meaning. We celebrated the 50th anniversary of the Yellowstone Institute. What began with one stubborn idea and a single year at the Lamar Buffalo Ranch has become a legacy of connecting people to this place. Fifty years later, the Institute reminds us that education is how we create the next generation of stewards, and how connection to place is passed from one hand to the next. None of this would be possible without our Board of Directors, whose gifts of time, talent, and funding make an immeasurable difference to this organization and to the park we serve. I want to offer particular gratitude to Carolyn Heppel, Bob Rowe, and Jackie Rooney for their many years of dedicated board service. Their leadership has helped shape who we are, and their legacy will carry forward in everything still to come. I am equally grateful for the talented team at Yellowstone Forever. With their support, we launched the Summit Society, a community of former board members whose leadership has been so important in shaping the organization into what it is today, and whose wisdom continues to guide us forward. I look ahead with real excitement and confidence. I have no doubt our best chapters are still to come, and that Yellowstone will remain a place of wonder, forever.

With gratitude, DOUG SPENCER Board Chair Yellowstone Forever

Q&A WITH

LISA DIEKMANN President & CEO of Yellowstone Forever

When did your connection to Yellowstone begin?

Growing up I spent a lot of time outside, camping, exploring, and developing a deep appreciation for wild places. When I was not outside, you could often find me at the library. My first “job” in elementary school was a library aide. Books sparked my curiosity and broadened my perspective. After receiving my master’s degree from the Yale School of Forestry and Environmental Studies, I began my career in conservation, working as a summer intern on a wolf project in Idaho where I learned firsthand how science, good information, and partnerships are vital to conservation. That early experience shaped my belief in staying the course, investing in work that may take decades to fully realize but ultimately delivers profound impact. My Yellowstone connection began in 1996, when I became the founding Executive Director of the Yellowstone Park Foundation. I spent 11 years helping build support for this extraordinary place before the Yellowstone Park Foundation merged with the Yellowstone Association to become Yellowstone Forever in 2016. Returning home to Yellowstone in 2020 as President & CEO of Yellowstone Forever felt like both a privilege and a calling. Yellowstone has always been more than a landscape to me. It is a source of purpose, inspiration, and community. Every day, I am reminded that this remarkable place brings people together across generations and backgrounds, united by a shared commitment to its future. That enduring sense of connection and hope continues to shape how I lead and fuels my optimism for what we can accomplish together. 2

Why is private support so important?

The needs of Yellowstone National Park cannot be resolved through public funding alone. Visitation continues to rise, with nearly five million people coming to the park each year, while base funding has remained relatively flat. Our mission to protect, preserve, and enhance the park through education and philanthropy allows us to provide the margin of excellence the park deserves. Yellowstone Forever’s ability to meet the needs of the park, today and into the future, depends on strong public-private partnerships that bring people together around a shared responsibility. It truly takes all of us: philanthropy that provides critical, flexible support, and educational programs that deepen personal connections and turn visitors into lifelong stewards of Yellowstone.

What were some of the organization’s years, what excites you 03 meaningful wins over the past year? 04 tothefive most about the future of

When you look at the next three

This year, we celebrated 50 years of the Yellowstone Forever Institute—five incredible decades of education and inspiration in the world’s first national park. We provided critical funding that advances wildlife research and supports programs such as the Wolf Project, Native Fish Conservation, and the Bison Conservation Transfer Program. Yellowstone Forever proudly funds approximately 60% of the park’s wildlife programs.

In partnership with Yellowstone National Park and the National Park Foundation, we are addressing one of the park’s most pressing needs: employee housing. Supported by the largest philanthropic gift in Yellowstone’s history, this transformative effort will help provide safe, affordable housing for park employees and their families, ensuring we can care for the people who dedicate their lives to taking care of Yellowstone. We also saw tremendous retail growth and revenue milestones from our educational Park Stores. Retail sales have grown by 60% since fiscal year 2024, with proceeds from retail sales helping to fund priority projects in the park.

Yellowstone?

What excites me most is the opportunity to help shape a future where Yellowstone is stronger, more resilient, and better protected than ever before. I am inspired by the possibility of making meaningful investments in conservation, education, scientific research, and the people who steward this incredible place every day. We have a committed staff, an engaged board, passionate supporters, dedicated park employees, and a growing network of partners who care deeply about Yellowstone. Together, we have the opportunity to think bigger, be more strategic, and make lasting investments that will benefit the park and future generations of visitors. It is awesome to imagine what Yellowstone can become when we combine bold vision, strong partnerships, and the resources to turn that vision into reality. Personally, after spending much of my career connected to Yellowstone, I feel a profound sense of responsibility and optimism. I believe the next chapter for Yellowstone Forever can be our most impactful yet, helping ensure that this remarkable place remains a source of wonder, learning, and inspiration for generations to come.

None of these accomplishments would be possible without the extraordinary team at Yellowstone Forever, whose passion, dedication, and commitment to Yellowstone motivates me every day and gives me great confidence and hope for the future of this remarkable place.

YOUR IMPACT IN ACTION $16+ million

320,000

55,000

120

raised for Yellowstone National Park

visitors to the Yellowstone Tribal Heritage Center

hours of learning delivered through Institute programs

Youth Conservation Corps participants worked a total of 5,473 hours on projects in the park

2,000

75,000

feet of boardwalk replaced

Junior Ranger participants

414

270

112,483

2 million

park visitors participated in formal ranger-led activities

views through the Old Faithful webcam

bison have been returned to 30 different Native American Tribes across 13 states and Canada

birds banded for research

428

6,035

120

1,527

presenters from 19 associated Tribes

native fish tagged

bear-proof food storage boxes installed

2,800

Whitebark Pine seedlings planted across 35 acres in the park for restoration

12 horses and mules added to the park’s herd to serve backcountry rangers

Institute educational programs

lake tributaries documented for native fish spawning

bear jams managed by rangers

hats removed from hydrothermal features

This important work is only possible because of your generous support.

Thank you!

PROTECT PRESERVE ENHANCE

BEAR MANAGEMENT

KEEPING BEARS WILD, ONE BOX AT A TIME Bear-resistant food storage boxes continue to make a measurable difference in preventing Yellowstone’s bears from becoming habituated to human food. The park’s goal is to install 2,147 bear boxes, providing secure food storage at every public campsite and employee trailer court. With support from Yellowstone Forever, 1,678 boxes have already been installed—1,664 in public campgrounds and 14 in contractor camps—bringing the park closer to this important milestone. Since the project launched in 2010, ten of the park’s public campgrounds and one contractor camp have been fully completed, helping protect Yellowstone’s bears while keeping visitors and employees safe.

“

The Bear Conservation Project has significantly reduced visitor-bear conflicts and human-caused bear mortalities in the park, even as visitation has increased. Reducing these conflicts makes the visitor experience safer and more enjoyable while also reducing the number of bears killed in management actions. Combined with high cub production and the park’s very low number of human-caused mortalities, this work has contributed significantly to the conservation and recovery of grizzly bears in the Greater Yellowstone Ecosystem.” KERRY GUNTHER Yellowstone’s Bear Management Biologist

PROTECT

“

Yellowstone National Park is currently the ‘Gold Standard’ for bear management in North America and the world. Maintaining that standard relies heavily on the partnership that Yellowstone National Park and the Bear Management Program has with Yellowstone Forever!” KERRY GUNTHER Bear Management Biologist

KEY BEAR MANAGEMENT ACCOMPLISHMENTS

2025 SEASON Bear boxes installed • 109 in Grant Village Campground (4 of 11 loops now fully equipped). • 6 in Norris Contractors’ Camp. • 4 in Nez Perce Trail Crew/ YCC Campsite. • 1 in Backcountry Campsite 1A1 (Blacktail Creek).

Repairs made to

broken latches in multiple campgrounds.

Educational stickers and donor plaques installed on Bear Boxes.

EMMY-WINNING COUGAR FILM SUPPORTS YELLOWSTONE’S RESEARCH

GUARDIANS OF YELLOWSTONE: THE YELLOWSTONE COUGAR PROJECT The award-winning documentary film Guardians of Yellowstone: The Yellowstone Cougar Project premiered in 2025, giving the public a glimpse into the fascinating lives of Yellowstone’s secretive cats while also showcasing the decades of research in Yellowstone. Produced by the fStop Foundation, in partnership with Yellowstone Forever and Yellowstone National Park, the film reveals the hidden world of Yellowstone’s cougars—from their powerful presence to the science and people working to understand them. The film is the culmination of years of work reviewing footage from remote cameras donated by the fStop Foundation.

“

Yellowstone Forever’s support helped turn years of rigorous research into a story that inspires people to care, to connect, and to protect. Their commitment to education and conservation made it possible to share the science, the landscape, and the remarkable individuals behind this work with audiences across the country.” WILLIAM FREUND Filmmaker Founder of fStop Foundation

Yellowstone Forever brought the film’s heart-warming and complex story of a female cat to audiences in the greater Yellowstone area, educating hundreds of people on one of the park’s lesser-known mammals. Each film screening was followed by a lively discussion with the filmmakers and the park’s research team, further elevating the conversation about cougars. Yellowstone Forever’s continued support of the Cougar Project provides the much-needed funding to continue this important work.

PROTECT

“

I’m incredibly proud of what this film represents—not just for our team’s research and our philanthropic partnerships, but for conservation storytelling as a whole. Data alone rarely changes hearts. ‘Guardians of Yellowstone’ was a grand success because it paired science with storytelling about three decades of cougar research and the secretive moments of cougars’ lives. That’s the power of science storytelling: it turns research into a relationship with the viewer, making audiences care about protecting places like Yellowstone.” DAN STAHLER Senior Wildlife Biologist

CONSERVING AN AMERICAN ICON

BISON CONSERVATION TRANSFER PROGRAM TRAINS NEXT GENERATION OF STEWARDS The Bison Conservation Transfer Program (BCTP) continues to help return Yellowstone bison to Tribal Lands across North America, strengthening cultural connections, supporting ecological restoration, and expanding conservation impact far beyond the park boundary. With ongoing support from Yellowstone Forever, the program also fosters the future of buffalo stewardship by supporting sixmonth internships that pair emerging Tribal bison managers with National Park Service bison specialists, building handson experience in the science, care, and long-term management of bison herds. The program’s investment in people is powerful. Devon Wilford, a bison associate representing Lakota Tribes, is part of the next generation of leaders gaining the skills needed to care for buffalo

on Tribal lands. Devon’s path to bison work has been unique: after serving as a marine linguistics specialist in the armed forces, he studied at South Dakota State University and its Center for Bison Excellence to better understand bison from a producer’s perspective. As an intern, Devon built experience in conservation herd management, including conducting disease tests, running science experiments, caring for animals in the BCTP facility, and applying low-stress handling techniques in the testing corral. He also helped design a body condition scoring survey now being used in the park to track herd health trends over time. Together, this work reflects the heart of the program: returning bison to Tribal communities while preparing the next generation to care for them, protect them, and carry this legacy forward.

PROTECT

HOW THE BISON TRANSFER PIPELINE WORKS:

Birth and care: Staff supported 63 calves born in quarantine with careful monitoring and rapid follow-up.

Health testing: Brucellosis samples were collected within five days of each birth to support future transfers.

Screening: 80 bison that entered the facility in March 2025 began a 300-day health screening period.

Future growth: Breeding occurred during summer 2026, with calving expected in summer 2027.

414

13+

Yellowstone bison transferred to Tribal lands

Native American Tribes supported

States and Canada reached

300

Bison calves born in quarantine this year

Bison entered initial screening in March 2025

Days required in the health screening period before transfer eligibility 13

YELLOWSTONE FOREVER ALSO PROVIDED CRITICAL FUNDING FOR THE FOLLOWING PROJECTS:

WOLF PROJECT

NATIVE FISH CONSERVATION

BIRD PROJECT

BAT PROJECT

WHITEBARK PINE

ELK CALF STUDY

GEOTHERMAL SYSTEMS PROTECTION

PHOTO CREDITS BY ROW: YF/SAM ARCHIBALD, PAUL WEAMER, YF/MATT LUDIN, YF/AMANDA EVANS, YF/MATT LUDIN, JIM FUTTERER, NPS/JIM PEACO

PROTECT PRESERVE ENHANCE

BEHIND THE BUILD

NEW HOUSING PROGRESS FOR YELLOWSTONE EMPLOYEES Providing new, modern housing for Yellowstone’s dedicated workforce is one of the highest priorities for the park. The Yellowstone Housing Project is part of the park’s 10-year effort to provide safe, reliable, and supportive living environments for park employees—including rangers, scientists, educators, and maintenance crews. To date, the team has replaced 68 outdated trailers from the 1960s and 70s and rehabilitated more than 250 other staff housing units. With a generous $40 million donation facilitated through the National Park Foundation and in partnership with Yellowstone Forever, 70 new two-and threebedroom units will be installed across the park by 2028. By using efficient construction methods, the team is able to build faster and at a lower cost than traditional approaches. This means more Yellowstone employees can live where they work.

One ranger, who has lived in new housing for two years, says he loves the clean, spacious, and functional design, particularly the in-house laundry, large kitchen, and wood stove, which allow for rest and relaxation. Providing park employees with updated housing is extremely important, he says. “Good housing is a morale booster. Coming home to a small, run-down cabin built in the 60s does not do the same for your mental health as a larger, clean, modernstandard home that you can build a life out of. Rangers live in remote places, and to be able to live in these places long-term people need a comfortable place to live,” the ranger added.

PRESERVE

“

Yellowstone is a world-class park. Its employees deserve housing that reflects the value of their service.” CAM SHOLLY Superintendent

“

It is very special to be able to live and work in Yellowstone. Parks are remote and come with many challenges relating to groceries, cost of living, and travel. Park-provided housing is essential to keep people working and living in these special places. I love being able to come home from a long day of work, sit on the front porch, and soak in the beauty of my surrounding area.” YELLOWSTONE NATIONAL PARK RANGER

“

I would like to pass along my appreciation for the attention the park has given to housing. Prior to this project, it seemed that staff housing had been an afterthought and the addition of the new housing has significantly improved the quality of housing available. When I was a seasonal ranger here about 10 years ago, many of the housing options looked almost uninhabitable. That same area today isn’t even recognizable; the improvement is striking.” YELLOWSTONE NATIONAL PARK RANGER

TRIBAL ENGAGEMENT

HONORING TRIBAL CONNECTIONS A crowd gathers inside the Yellowstone Tribal Heritage Center to listen as a Tribal elder begins sharing stories of a place they have known long before it became Yellowstone National Park. Visitors shift from taking photos to leaning in, listening closely. For many, it is the first time they have heard Yellowstone described through an Indigenous lens. In that moment, the park becomes more than a collection of iconic landscapes and wildlife. It becomes a homeland, a place of memory, connection, and living culture. Throughout 2025, moments like these unfolded across Yellowstone through cultural programs, community partnerships, and special events that created space for Tribal voices to share their own stories, in their own words, with thousands of visitors from around the world. Those moments of connection are part of a broader effort to ensure Indigenous perspectives are reflected throughout the Yellowstone experience. Through the Tribal Education and Engagement Group, Tribal individuals helped guide conversations and strengthen relationships with the park. Ethnographic work captured stories, knowledge, and cultural ties, preserving them for future generations while informing how Yellowstone interprets its history today. At events such as Voices of Yellowstone: First Peoples Celebration, artists, educators, culture bearers, and community leaders invited visitors into experiences that transformed understanding. What began as curiosity often became something deeper: a recognition that Indigenous peoples are not simply part of Yellowstone’s past but integral to its present and future.

The impact of this work extends far beyond a single event or season. Tribal youth spent time in Yellowstone strengthening connections to culture, community, and place while building skills and confidence as future leaders. For some, it was an opportunity to learn directly from elders and community members in a landscape that has shaped their histories for generations. For others, it was a chance to see themselves reflected in work happening across the park and to better understand the role they can play in carrying culture, knowledge, and traditions forward. These experiences are nurturing the next generation of Indigenous leaders while strengthening the connections between Tribal communities and Yellowstone. The result is not only greater understanding today, but stronger relationships and opportunities that will continue to shape the park and its communities for years to come.

PRESERVE

YELLOWSTONE TRIBAL HERITAGE CENTER

135

presenters

days open

320,186

associated Tribes represented

visitors

“ TRIBAL ENGAGEMENT HIGHLIGHTS • Tribal Education and Engagement Group (TEEG): Four-day gathering with 22 Tribal individuals • Voices of Yellowstone: First Peoples Celebration six-day event • Four cultural tours • 13 Indigenous artists participating in the art market • Community potluck bringing together Tribal participants, partners, staff, and visitors • Thousands of visitors engaged in cultural programming, demonstrations, storytelling, and presentations throughout the celebration

155

artist presentations

12,041

contact hours

I feel a deep connection to Yellowstone and to the Native people who have called this place home for generations. It means a lot seeing that connection reflected in how people experience and learn about Yellowstone today, not as something left in the past, but as something alive and thriving. Having visited other national parks, I appreciate how far Yellowstone has come in helping people gain a fuller understanding of Native people, and I’m very proud to work alongside Yellowstone Forever.” JORDANN BRIGHT TRAIL WOMAN LANKFORD

A’aniiih & Anishinaabe Indigenous Educator & Instructional Coach, Chairwoman of the Montana Advisory Council on Indigenous Education

YELLOWSTONE FOREVER ALSO PROVIDED CRITICAL FUNDING FOR THE FOLLOWING PROJECTS:

CANYON TRAILS & OVERLOOKS

TRAILS & BOARDWALKS

YELLOWSTONE’S HISTORY & CULTURAL TREASURES

RANGER STOCK & CORRALS

NATIVE AMERICAN STUDENT INTERN PROGRAM

SUSTAINABILITY

PHOTO CREDITS BY ROW: YF/MATT LUDIN, YF/MATT LUDIN, NPS/JACOB W. FRANK, YF/MATT LUDIN, NPS/JACOB W. FRANK, NPS/JACOB W. FRANK

PROTECT PRESERVE ENHANCE

INSPIRING & EMPOWERING THE NEXT GENERATION

YOUTH CONSERVATION CORPS LEAVES A LASTING IMPACT ON TEENS For some participants, Youth Conservation Corps (YCC) marked their first time away from home and their first chance to experience a place as vast and unfamiliar as Yellowstone. Many arrived with little exposure to camping, hiking, summiting peaks, or living in bear country—and without fully knowing the challenges and growth that lay ahead. Over the course of the program, they learned to live and work together in a close-knit, everchanging community. In the process, they became hardworking stewards of the land, completing meaningful projects that

support and protect the park. For many, the experience becomes more than a summer of service; it becomes a foundation for confidence, connection, and a lifelong commitment to conservation. One parent thanked the YCC staff for providing her child with a meaningful and transformative experience. Her teen returned from YCC more confident, full of stories, and having noticeably grown into a responsible young adult through the work, learning, play, and friendships. She was grateful for the kindness and behind-the-scenes effort that made the program possible.

ENHANCE

YELLOWSTONE CONSERVATION CORPS + PERSONAL GROWTH I grew at YCC because… …of opportunities to challenge myself in a supportive community.” ...others encouraged me and gave me opportunities.” ...I put myself in my stretch zone many times and found I was okay with that.” ...I became a more responsible and hardworking person.” ...I learned it’s okay to need help and ask for it when it’s needed.” ...I made mistakes and had to be accountable.”

“

While YCC accomplishments can be measured in feet of boardwalk rehabilitated or bear boxes installed, the program’s personal impact on teens is harder to quantify. One participant arrived as a hesitant and shy 16-year-old, but over the course of the month she grew in confidence, built friendships, and was selected by staff to speak about the ‘Grow’ component of the YCC motto: Work, Learn, Play, Grow. It is moments like these that show the true impact of the Youth Conservation Corps programs. We are grateful for Yellowstone Forever’s continued support of these programs.” BOB FUHRMANN Youth Education & Work Program Manager

“

The work we do lends itself to bettering us all. It takes both cooperation and compassion to be a member of a team. We have truly grown up and together at YCC.” PAST YCC PARTICIPANT

YELLOWSTONE FOREVER ALSO PROVIDED CRITICAL FUNDING FOR THE FOLLOWING PROJECTS:

EXPEDITION YELLOWSTONE

JUNIOR RANGER

DISTANCE LEARNING

VISITOR & WILDLIFE SAFETY PROGRAMS

EXHIBITS, SIGNAGE & COLLECTIONS

DIGITAL MEDIA

NATIVE AMERICAN EDUCATION

MOBILE BEAR POP-UP

RESILIENCY FUND

PHOTO CREDITS BY ROW: NPS/JACOB W. FRANK, NPS/JIM PEACO, NPS/MIKE COONAN, YF/MATT LUDIN, NPS/JACOB W. FRANK, NPS/JACOB W. FRANK, YF ALYSSA MCGEELEY, NPS/JACOB W. FRANK, YF/MATT LUDIN

LEARN MORE:

CELEBRATING 50 YEARS OF

YELLOWSTONE FOREVER INSTITUTE

1976

Yellowstone Institute founded 17 Field Seminars are offered in its first year

1979

The National Park Service grants special use permit of Lamar Buffalo Ranch bunkhouse for offices, sleeping quarters, bath facilities, and kitchen

1982

19 cabins moved from Fishing Bridge to Lamar Buffalo Ranch to expand Institute capacity 40 Field Seminars offered

30 26

2000

Institute had 1,387 students attending 139 courses

2000

First Lodging & Learning program offered called Wonderland operated in conjunction with Xanterra Parks & Resorts and utilized park hotels for lodging

19951996 Wolves reintroduced to Yellowstone

1990

Institute had 722 students attending 100 courses

2002

Two new Lodging & Learning programs offered: Roosevelt Rendezvous and Yellowstone for Families

2004

Two additional Lodging & Learning programs offered: Spring Wolf and Bear, and Fall Wolf and Elk

2005

Institute had 5,541 students attending 473 courses

2008

Headquarters moved to the W.H. Hall building across from Roosevelt Arch (where they are still located today)

2009

The Overlook Field Campus is acquired, overlooking Gardiner, Montana, expanding lodging and program opportunities

TODAY

The Institute continues to offer world-class programs for visitors of all ages, creating deeper connections to the world’s first national park. We celebrate the past 50 years of education and inspiration while we look to the future: the stories, experiences, and people who make the Institute what it has been and always will be.

2022

The Yellowstone Tribal Heritage Center opens at Old Faithful

2016

The National Park Service celebrates its Centennial

2015

Teacher Workshops and programs are offered

27 31

DONORS

32 28

INDIVIDUAL DONORS

$50,000–$299,999

$25,000–$49,999

* In-Kind Support

Mary Chisholm and John Schuldt Bev and Steven Elliott Don Freitag Sheree and Rick Gillaspie Lauren and Billy Gunther ** Lynn and Pat Gurrentz Carolyn and Scotty Heppel Kemp and Thomas Hill Jan and Trevor Rees-Jones Jeanne Claire and David Jones Elizabeth and Michael King Christopher Knapp Danielle and Christopher Koch ** Lisa and Ryan Lance Amy and Tim Leach Jeffrey Lerner Suzanne and Patrick McGee Janet and David Offensend Kari and Nick Olds Kathleen Parrish and Doug Spencer Nancy Perot and Rod Jones Lyn and Bill Reed Lincoln Robinson Kim Roeder and Larry Westbrook Tracy and Matthew Smith Margaret and Joseph Sollers Cat and Greg Stevens Theresa Suetterlin Dawn and Bruce Tecklenburg Christy Thompson Lori and Don Wallette ** Buzz Warner Elizabeth and Carl Webb Ferrell and Brandon Webb David de Weese Denise Weglicki

Jennifer Wyse Behm Sheryl Benzinger Jillian Bowers Bertelli and Paul Bertelli ** Christie and Clint Bybee Emily and Damon Daniels Judith and William Hiltz Jennifer Walston Johnson and Gregory Johnson Jennifer Kline and Arman Gokgol-Kline Meghan and Brannin McBee Rick McIntyre TeriAnn Mahony-Miller and Nicholas Miller Rose Hochner Nelson and Robby Nelson Elaine and Bill Obernesser Cathy and Bill Osborn Carolyn Quan and Porter Bennett Melanie Reynolds and Bob Rowe Marilyn and Jay Sarles Phillip Shelp Cappy and Bob Shopneck Thea True-Wells and Scott Wells

** In-Kind and Cash Support

Each of our donors make Yellowstone Forever’s mission possible. We are grateful for the generosity of all Yellowstone Forever supporters. This list of donors recognizes gifts received between March 1, 2025– February 28, 2026 (Fiscal Year 2026).

Every effort has been made to ensure the accuracy of this list. Please contact us at 406-848-2400 or

supporters@yellowstone.org

if you have questions related to your donor recognition.

$1,000,000+ Annie and Bob Graham

$300,000–$999,999 Richard Adkerson Anonymous Donor Debbie and Albon Head **

“

Through our collective support, we can all play a role in preserving Yellowstone for generations to come.” CAROLYN & SCOTTY HEPPEL Former Board and National Advisory Council Members

“

We support Yellowstone because we have experienced firsthand the wonder of this extraordinary place and the lasting impact it has on all who visit. Through our time in the park and my service on Yellowstone Forever’s National Advisory Council, we have also seen the organization’s commitment to being a thoughtful steward of the resources entrusted to it. We believe in honoring the vision of those who preserved Yellowstone more than 150 years ago and helping ensure that this remarkable national treasure continues to inspire and educate future generations.” DAVID & JEANNE CLAIR JONES Former National Advisory Council Members

29 33

$5,000–$24,999 Delores and John Adams Marsha Affolter Candace Allen and Robert Woodward Karen and Richard Allen Tamara and Jason Amala Catherine and Richard Andree Anonymous Donor (4) Sherry Archer Sandy and Tim Armour Sue and Mike Arneson Patricia and Fred Auch Lee Badger Eric Bagelmann Joellyn Barton Stacey and Brad Beckworth Ruth Benton Shelly Bermont and Clay Lorinsky Gloria Bertucci and Philip Bernstein Katherine Boaz Leah Bolek Nina and John Bottomley Tim Bruno Sandra and David Burner Shari Burns Ceci Butler and Emerson Scott Wendy and Jon Campos Vivian Carroll Beverly and Don Clark Susan and James Clay Kelty and Rogers Crain Kristi and John Cumming Lisa and Jim Cummings Cathy and Lloyd Dahlberg James and Lavon DeGraw Kathleen and Dominic DeMarco Lori and Patricia Demple Marguerite and Tom Detmer Charlene and Jim Eckman Nancy and K. Paul Ellifrit Gay Evans Lynn and Bill Evans Robert Fain Barbara and Michael Feigin Sandra and Bob Field Victoria Fitzpatrick Caryl Flinn Kirsten Frits Kathy Fronheiser Mary and Don Garner Peter Getsinger Evelyn Godfrey Jenny Golding and George Bumann Francine and David Gomberg Russell Gordy Jacqueline and Nicholas Gorski Barbara and Christian Gunther Kay and Jim Guyette Seunghee Ha and David Youn Cheryl Hamer Frances Harris Holly and Jared Hauskins Colleen Herrington and Chris Sinness Charles Hill Kristen Hitt James Hoagland ** Cheryl and Richard Hudson Morgan Hudson Marguerite Igoe Janet and Brad James

34 30

Cynthia and Craig Jensen Mark Johnson Jerralyn Kehne Cynthia and Douglas Kelly Laurie and Clark Kemble Diane and Donald Kendall Elsa Pfaff King and Kevin King Joyce King and Milton Drachenberg Dawn and Richard Kirkland Mary Koontz Zona Kreidle Deborah and John Lahey Ellen and Mark Lampert Barbara and Lou Lanwermeyer Yanira Larisch and Clark Adkerson Bruce Larsen Kelly Larson Roberta and Tracy Lasecke Susan Gordon Lathrop Jackie and Jay Lauderdale Elizabeth and John Leonard Meg and Michael Leonard Ron Lerner David Lesar Melissa and Brad Levine Christopher Lindstrom Barbara Linthicum Shalin Liu Gail and Jay Lund Amanda and Tom Macejko Roopa and Subhash Makhija Susan and Lee Mallory Carol Marrion Steven Marsh Barbara Martin Carol Martin Lisa and Jeff Martin Middleton Ansley Martin Darlene and Joe Marushack Mark Matheny Denise Mauzerall and Kenneth Duell Martha McAlister Ferrell and Chi McClean Ron McDaniel Carol and Jack McGuire Cara and Adam Mika Elizabeth and Isaac Morton Arikha Moses and Greg Steinmetz Jenny and Mark Mummert Bonnie Hyatt Murphy and Tom Murphy Edward Murphy Jodell and Jeff Murray Glennis and Jim Nokes Susan and Roy O’Connor Allie and David Peacock ** Susan and Fred Pearson Amanda and Alex Perez Mark Pettinga Jean Phelps Aida and David Phillips Julie Quick Ragunath Ramanathan Carroll and Hugh Ray Edith Reger Liz and Al Richter Claire and W. David de Roode Jackie Rooney and Halter Cunningham Maisie and John Rosenberg Delphine and Richard Roth Jim Russell Carolyn Ruth

Diane and Tom Sanders Andrea and Mike Scholz Julie and Jerry Schuyler Diane and Leland Selby Ricki and Paul Selva Mary and Charles Sethness Lisa Shifrin and Jerry William Erna Smeets and Bill Simkins Linda and Samuel Snyder Jean Spears and William Kropp Polly and James Spencer Valerie and Edson Spencer Nancy Stone Keith Sweitzer Anne Symchych Jared Tausig Anne and Jim Taylor John Thomas Jane and Russell Thorpe Sandy and Mark Tibbits Debbie and Bill Tracy Sandra and Dale Tremblay Jenn and Tad True ** Karen and Hank True Danielle Tustin Lilia Tyrrell and BJ Althans Lisa Volgenau and Chris Fitzgerald Jane and Dale Wierman Marsha and Ronald Williamson Ariel Witbeck John Youngblood

“

Beautiful and bizarre. Yellowstone has the world’s most dense and diverse collection of thermal features—from towering geysers to lateral fountains, to gurgling paint pots, to silent, azure pools. It is appropriate that it was our first national park. It must be protected for the ages.” LEE BADGER Yellowstone Society Member

THE OLD FAITHFUL SOCIETY PLEDGED The following donors have guaranteed the impact of their legacy through planned gift commitments to Yellowstone Forever. Barbara and Robert Aaron Connie and James Adreon Dolores Albers Jocelyn Allen Alva Anderson Bruce Anderson Joseph Andrews James Angresano Deborah Applegate Tracy Arthur Beth Averbeck Sandi and Bill Babcock Jean Barash Lynn Bart Dave Baylor Rod Betsch Natalie and Aaron Bissonette Debra and Brad Blome Judith and Robert Blue Michael Bocchinfuso Sheila Boeckman Leslie Boff Mary Bohmke Dianne Bordas Debra Botellio Nina and John Bottomley Ken Bowling Judy Bradley and David Mitchell Kathy Brawl Diane Brinkmann Tim Bruno Cheryl Budzinski and William Ross Claire Campbell and Brian Makare Joan Carotenuto Diane Castiglioni Chris and John Cavanaugh Georgia Clark and Brenda Berglund Linda Collins Lara and Stephen Compton Roberta and Craig Connolly Deborah and Chris Cooley Amy A. Coombs and Harold B. Simon Shirley and Jerry Cormier Dorothy and David Courtis Pat Crane Roy Crum Caroline Cullen David Currier and Kevin Kalley Faye and Charles Daellenbach Peter and Barbara Dahl Susan and Andrew Dana Trisha and Chip Davis Betsy de Leiris Tama and Regis Dinkel Stella and Al DiPasqua Mona and Richard Divine Theresa and Richard Dixon Kris and Jim Dorris Catherine and Richard Dowdell

Lucinda Downing Susan and Robert Duke Anne Duncan Renee Duprel Patty and Thomas Durham Charlene and Jim Eckman Jo Ann and Bert Eder David Edwards Beverly England Suzanne Espe Eva Mariana Farova Charlotte and Bill Fecht Linda Fidler Teresa Fischer Theresa and Steve Fisher Denise Fitzhenry Elizabeth Fournier and Daniel Ellison Betsy Franz Matthew Frend Kathy Fronheiser Courtney and Trent Gaines Maureen and Larry Gamble Don Getty Sheree and Rick Gillaspie Judith Glazer Janice and Ernest Glessner Petra Goodell Marie Gore Annie and Bob Graham Mary Greer Ken Grey Susan and Craig Grube Max Guenther Barbara and Christian Gunther Kathleen Haines Audrey S. Hall Mary Hamilton Barbara Hanka and Daren Striegel Amy Haugerud Katherine Hax Deborah Henderson Carolyn and Scotty Heppel Jim Hersrud Jean Hilbig Debra Hopfer Cecily and Bannus Hudson Gayle and Michael Hughes Chrys Hulbert Teresa Ignatovich Heidi and Mark Ingenito Elizabeth Johnson and Robert Impellizzeri Jeslyn and William Johnson Liddy Johnson Cynthia and Mark Jordan Kay Juricek and Carl Lyons Sherry and Dave Kapes Russ Kehler Dianna Kellie Dana Kellogg Mary Ann Kiely Stephanie Kiewlich Beth and Michael King Barb Klosterman Jana and Robert Knight Elizabeth and Dale Kostelny Wendy Kraly Michael Kramer Andrea Krueger Rea Labar Kathleen Laird Bob Landis

Ron Lerner Cynthia Lewis and Doug Ruffin Susan Light and Boyd Ratchye William Lindsey Karen Litt Liz Lockette and Dave Thomas Steve Lokker Helen Lord and Raymond Taylor Kathleen Lynch Barb Mader Keri Mader Susan and Mitchell Malone Susan Malone Jane Massey and Walter Gerlesky J.R. Massie Jeanne and Kim McCarthy Terri Lynn McConnell and Julie Twist Linda and Robert McPhail Kathleen and John McShane Kara Menzel and Richard Bancroft Shane Mills and Scott Jackson Guido Minola Mardell Moore Donna Murphrey Sue and Richard Muza Jan and Phil Naughton Monica Nesbit Melody Newkirk Ronald Nichols David Nicholson Natalie and Kevin Nolan Erica Oakley-Courage Heather and Andrew Olsen Diane Orme and Lori Raborg Jaquelyn O’Shaughnessy Gerald O’Sullivan Doreen and Lee Packila James Pape Kathleen Parrish and Doug Spencer Wayne Parsons Susan and Larry Patrick Marlene and Gary Peacock Julie and Robert Petersen Valeria Peyton Sandra Pfeiffer Jean Phelps Stacey Poston and Annemarie Pace Gail Suprin-Peplau and Steven Peplau Jayne and Dennis Poydence Barbara and Franklin Propst Wendy Redlinger Paul Reichel Peggy and Chris Rice Jed and Robert Richardson John Rodgers Susan Roeder and Johan Nielsen William Ryerson Lois A. Schaper Ede Schmidt Connie and Kenneth Schneider Timothy Schofield Janet and Walter Schuchmann Larry Schultz Dr. Stanley Schumacher Martha and Peter Schwuerzer Sandra Shapiro Kevin Sheridan Donna and Vance Sherwood Cappy and Bob Shopneck Earl Skeel Ann and Michael Skelton

35 31

Gerry Smith and David Syfert Jerry Smith Dennis Smith David Socolofsky Linda Summers Mary Swanson and Peter Murray Anne and Jim Taylor Jeremy Taylor Marguerite and Ron Thompson James Thorp Betty Tichich and Fred Bunch Neil Uranowski Lee and Sal Vivanco Alyce Walker Janet Walsh Emily and Douglas Walter Richard Waltman Kelly Waymire Elizabeth and Rudy Weinhold Michele and Edward Weller Rita Wetzel Rosalyn and David Widney Carl Michael Wilkinson Randolph Willoby John Wilson Rita and Gary Wolfe Pamela Wrench Barbara Wunderlich Linda and Howard Wynne Anne Young Elizabeth Young and William Parks Magdalene Ziereis

To share your documented planned gift with the Yellowstone Forever team, please contact us at (406) 848-2400 or

supporters@yellowstone.org.

THE OLD FAITHFUL SOCIETY Yellowstone Forever recognizes the memory and legacy of the following donors, whose planned gifts were received between March 1, 2025– February 28, 2026. Michael Harris Thomas Heiser Josephine Italiano Cynthia Laue Gregory Pavelka Samuel “Andy” Reasoner Mark Reed Robert Sanders LuEtta Smithhisler

36 32

FOUNDATIONS

CORPORATE PARTNERS

$1,000,000+

* In-Kind Support

National Park Foundation

** In-Kind and Cash Support

$250,000–$999,999

$250,000+

Anonymous Foundation

$50,000–$249,999 Anonymous Foundation Arthur M. Blank Foundation Beagle Charitable Foundation Daniel K. Thorne Foundation Dry Creek Foundation G. Unger Vetlesen Foundation George L. Ohrstrom, Jr. Foundation Matthew and Tracy Smith Foundation Solot and Karp Family Foundation The FourTen Foundation

$25,000–$49,999 Dr. Scholl Foundation The Tapeats Fund Wade Family Foundation Wheeler Foundation

$5,000–$24,999 Adele M. Thomas Charitable Foundation Benjamin Family Foundation Conservation Nation Eaglemere Foundation, Inc. EMWIGA Foundation Henry E. Niles Foundation James and Barbara Cimino Foundation John F. Smiekel Foundation Laura J. Niles Foundation, Inc. Living With Wolves, Ltd. Nathan P. Jacobs Foundation New Era Cap Foundation Ricketts Conservation Foundation Robin and Sandy Stuart Foundation Smith and Wilcox Blue Skies Foundation Solstice Charitable Foundation The Alma Gibbs Donchian Foundation The Argus Fund The Bydale Foundation The Goodnow Fund The Millmont Foundation Willard L. Eccles Foundation YOT Full Circle Foundation

$50,000–$249,999 Andersen Corporation Canon U.S.A., Inc. Delaware North Companies Fortune Brands Innovations, Inc. ** MasterBrand Cabinets LLC ** Michelin North America, Inc. * Xanterra Parks & Resorts **

$25,000–$49,999 Bonterra Organic Estates Dummen Orange Kimpton Armory Hotel Lincoln Electric * State of Montana - License Plate Program

$5,000–$24,999 Crazy Mountain Ranch Grand Teton Brewing Company Lowell Public Schools One & Only Moonlight Basin * Patagonia River Guides * Simms Fishing Products Sun Ranch, LLC Wells Fargo West Yellowstone Town Council Wild Tribute Wyoming Whiskey **

FINANCIALS

33 37

STATEMENT OF ACTIVITIES FOR THE YEAR ENDED FEBRUARY 28, 2026

REVENUES AND SUPPORT

Without Donor Restrictions

Educational product sales, net of discounts Less cost of goods sold

$8,654,669 (3,794,139)

Educational product sales, net

4,860,530

Contributions and gifts In-kind contributions Educational tuition and fees Investment earnings, net Other revenues

7,769,631 865,554 2,020,869 2,723,488 107,980

$16,808,797 * 217,707

18,348,052 12,876,033

17,518,231 (12,876,033)

35,866,283

31,224,085

4,642,198

35,866,283

Total revenues before releases Net assets released from restriction Total revenues and support

With Donor Restrictions

STATEMENT OF FINANCIAL POSITION AS OF FEBRUARY 28, 2026

491,727

Total

24,578,428 1,083,261 2,020,869 3,215,215 107,980

EXPENSES Program Services: National Park Service grants Educational product sales Educational programming Total program service

13,092,527 3,006,751 2,829,067

13,092,527 3,006,751 2,829,067 18,928,345

18,928,345

3,878,881 3,601,039

Total supporting services

7,479,920

Total expenses

26,408,265

Net assets, beginning of year

26,211,884

Net assets, end of year

CURRENT ASSETS Cash and cash equivalents Donor-restricted cash for park projects* Accounts & dividends receivable Pledges receivable, net Inventory Prepaid expenses

$10,937,528 $45,433,946 229,500 953,624 964,164 361,492

Total current assets

58,880,254

NON-CURRENT ASSETS Investments Property and equipment, net Finance lease right-of-use assets Pledges receivable, net of current portion Intangible assets, net Total non-current assets TOTAL ASSETS

10,477,365 9,766,992 1,527,915 1,203,397 17,615 22,993,284

$81,873,538

LIABILITIES AND NET ASSETS

Supporting Services: Philanthropic fund development Administration

Change in net assets

ASSETS

4,815,820

$31,027,704

4,642,198

42,890,914

$47,533,112

26,408,265 9,458,018

69,102,798

CURRENT LIABILITIES Accounts payable and accrued liabilities Deferred revenue Grants payable Finance lease liabilities - current portion

$1,341,823 365,721 15,957

Total current liabilities

1,756,447

32,946

$78,560,816

Noncurrent Liabilities * These amounts include the funds received for the Yellowstone Employee Housing Fund. Please see page 16 to learn more.

Finance lease liabilities, net of current portion Total liabilities

1,556,275 3,312,722

NET ASSETS Without donor restrictions: Undesignated Designated for Park Projects Designated for Capital Projects Designated for Operating Reserve With donor restrictions

Total net assets

TOTAL LIABILITIES AND NET ASSETS

38 34

16,535,535 1,809,404 2,510,000 10,172,765 47,533,112

78,560,816

$81,873,538

SUPPORT & REVENUE

Annual Fund

$4,716,307

Corporate Giving $1,283,700 Foundations

$12,205,926

Individuals

$5,211,757

In-Kind

$688,878

Memberships

$193,792

Events & Other

$1,361,330

65%

Contributions

22%

Educational Product Sales

Other Revenues

Educational Tuition & Fees

TOTAL PROGRAM EXPENSES

Protect Yellowstone’s Ecosystem and Wildlife

$2,898,997

68%

Yellowstone National Park Grants

Preserve Yellowstone’s Heritage, History and Trails

$1,709,428

16%

Educational Product Sales

15%

Enhance Visitor Experiences & Education

$313,626

Educational Programming

Yellowstone Employee Housing

$6,803,129

Other Projects

$932,099

39 35

LEADERSHIP & SUPPORT

22 36

LEADERSHIP LEADERSHIP

BOARD

Lisa Diekmann, President & CEO

Doug Spencer, Board Chair

Sam Barkley, Chief Development Officer

Nicholas Olds, Vice Chair

Wendie Carr, Chief Marketing Officer

Michael Solot, Treasurer

Amanda Hagerty, Chief Program Officer

Carolyn Heppel, Secretary

Joe Luttrell, Chief Retail Officer

Paul Bertelli

Kristi Mills, Chief Operating Officer

Lisa Diekmann, President & CEO

Nina Novikoff, Chief People Officer

Debbie Head

Christina White, Director of Strategic Engagement

Arielle Patrick Susan Roeder

YOUNG PATRONS Sarah Duncan, Network Leader Nick Martini, Network Leader Jill Barclay Gieriet Bowen

Jackie Rooney Bob Rowe Stephanie Tarbet Elizabeth Webb David Youn

Christian Causby Lucy Coassin

NATIONAL ADVISORY COUNCIL

Betty Crain

Arikha Moses, Co-Facilitator

Madeline Frome

Rose Nelson, Co-Facilitator

Amanda Goldfine

Stacey Beckworth

Tucker Groendyke

Fred Dedrick

Adam Harbaugh

David Defazio

Kelly Larson

Ashley De Smeth

Brian Macfarlane

Ken Duell

Michael Morrison

Sheree Gillaspie

Lauren Platson

David Jones

Brittany Roderman

Elsa Pfaff King

Michelle Rourk

Laura Orvidas

Grant Simon

Vaishali Parekh

Bella Syme

Alison Peacock

Tiffany Tran

Alex Perez

Nicholas Tropin

Will Price

Dani Tustin

Catherine Shopneck

Madeline Wade

Chris Smith Doug Smith Lilia Tyrrell 37

WAYS TO SUPPORT YELLOWSTONE YELLOWSTONE SOCIETY

CORPORATE PARTNERSHIPS

The Yellowstone Society is a distinguished group of stewards with a deep connection to Yellowstone. As a member of the Yellowstone Society, you are among Yellowstone Forever’s most valued donors. Your generous annual gift of $1,000 or more (or $84 a month) directly supports protecting, preserving, and enhancing Yellowstone National Park through education and philanthropy.

Become a corporate partner to help meet the park’s needs while solving pivotal issues that impact Yellowstone on a daily basis.

For more information, visit Yellowstone.org/society

YELLOWSTONE GUARDIANS You can provide steady, sustainable monthly support when you become a Yellowstone Guardian. Setting up automatic payments through your digital wallet, credit card, or bank account is simple and reduces printing and mailing costs, ensuring Yellowstone receives the maximum impact of your support. For more information, visit Yellowstone.org/monthly-giving

For more information, visit Yellowstone.org/corporate-partnerships

MATCHING GIFTS Your donation can go twice as far! Many employers sponsor matching gift programs that double or even triple charitable contributions or volunteer hours made by their employees. Find out if your employer will match your gift at Yellowstone.org/matching-gifts

PLANNED GIFT OPPORTUNITIES By making a planned gift, you create a lasting investment that will help preserve Yellowstone National Park forever. Planned gift opportunities can range from bequests to donor advised funds and offer substantial tax advantages. For more information, visit Yellowstone.org/planned-giving

GIFTS OF SECURITIES

DONATE BY PHONE, ONLINE, OR BY MAIL

Gifts of stock and other appreciated securities are an easy way to support Yellowstone while receiving several tax benefits. For more information, call 406-848-2400

Make a one-time or monthly donation by calling 406-848-2400 (Ext. 1).

MEMORIAL AND HONOR GIFTS Express your care and condolences or honor someone special with a tribute gift to Yellowstone. To make a gift, please call 406-848-2400 or give online at Yellowstone.org and select the option to “dedicate my donation in memory or honor of someone.”

PARK STORES Proceeds from purchases made at Yellowstone Forever educational Park Stores, including our online Park Store, directly support Yellowstone National Park.

Make a one-time or monthly donation by visiting Yellowstone.org/donate. Yellowstone Forever PO Box 1857 Bozeman, MT 59771 A mail-in donation form is available for download on our website to include with your gift.

INSTITUTE EDUCATIONAL PROGRAMS Join the Yellowstone Forever Institute on a journey of discovery and engage with the park like you never have before! For more information, visit Yellowstone.org/experiences

For more information visit Shop.Yellowstone.org

PHOTO

CREDITS LOREN HENDERSON NPS/JACOB W. FRANK

COVER INSIDE COVER

IMPACT REPORT SPREAD (BY ROW) 4-5 1. NPS/JIM PEACO

YF/MATT LUDIN

2. NPS/JACOB W. FRANK

YF/MATT LUDIN

3. YF/GEORGE MORSETTE

YF/AMANDA EVANS

4. YF/MATT LUDIN

NPS/NEAL HERBERT

5. YF/LAUREN BELTRAMO

YF/CAROLINE JONES

6. NPS/JACOB W. FRANK

NPS/JACOB W. FRANK

7. NPS/JACOB W. FRANK

YF/MATT LUDIN

8. YF/MATT LUDIN

YF/MATT LUDIN

9. NPS/JACOB W. FRANK

NPS/JACOB W. FRANK

10. YF/MATT LUDIN

NPS/JACOB W. FRANK

11. YF/MEL RITTER

YF/ALYSSA MCGEELEY

12. NPS/JACOB W. FRANK

NPS/JACOB W. FRANK

13. YF/MATT LUDIN

NPS/JACOB W. FRANK

14. NPS/JACOB W. FRANK

NPS/JACOB W. FRANK

15. YF/MATT LUDIN

YF/MATT LUDIN

16. YF/MATT LUDIN

NPS/JACOB W. FRANK

BACK SPREAD

17. NPS/NEAL HERBERT 18. YF/MATT LUDIN

YTHC STATS (BY ROW) 1. YF/GEORGE MORSETTE 2. YF/ALYSSA MCGEELEY 3. YF/MATT LUDIN 4. YF/GEORGE MORSETTE 5. YF/ALYSSA MCGEELEY 6. YF/GEORGE MORSETTE

19. YF/MATT LUDIN

50 YEARS OF YF INSTITUTE

26-27

1. YELLOWSTONE FOREVER 2. KAREN WITHROW 3. YELLOWSTONE FOREVER 4. YELLOWSTONE FOREVER 5. YF/MARIA BISSO 6. NPS/JIM PEACO 7. YF/MARIA BISSO 8. YF/MATT LUDIN 9. YF/MARIA BISSO 10. YELLOWSTONE FOREVER 11. NPS/JACOB W. FRANK 12. YF/MARIA BISSO 13. YF/MATT LUDIN 14. YF/ALYSSA MCGEELEY 15. YF/MATT LUDIN 16. YF/ALYSSA MCGEELEY

45 41

FRONT COVER Loren Henderson is a Native American woodburning artist from the Rocky Boy Reservation in Rocky Boy, Montana. Henderson is from the Turtle Mountain Band of the Chippewa, Chippewa Cree, Snake Hills band of Saddle Lake Cree First Nation. He became a pyrographic artist through practice over many years and creates mixed media pieces with wood-burning and acrylic paints. Henderson has shared his work at the Yellowstone Tribal Heritage Center and Voices of Yellowstone.

Yellowstone Forever is the official nonprofit partner of Yellowstone National Park. Our mission is to protect, preserve, and enhance Yellowstone National Park through education and philanthropy. Yellowstone Forever PO Box 1857 Bozeman, MT 59771

YELLOWSTONE.ORG

406-848-2400