The Trout & Salmon Foundation was started by Elliott Donnelley in 1969 during his tenure as the first National Chair of Trout Unlimited. At first, the Trout & Salmon Foundation was closely associated with T.U. but then spun-off as an independent organization with a charter supporting trout and salmon habitat and excluding political advocacy.
The Foundation’s original asset base in 1969 was $114,000 and the first grants were made in 1972 when the assets were of sufficient size to provide income to start the granting process.
Today, the Foundation’s asset base is in excess of $1.2 million. All grants are made from income together with a small portion of the appreciated assets and all contributions to Trout and Salmon Foundation go into the asset base.
Since 1972, Trout and Salmon Foundation has made more than 350 grants plus produced a special video production in 1993 on Trout Habitat Restoration. The combined total of the grants and special project funds awarded totals more than $1.4 million.