ST. LOUIS – Forest Park Forever has received a $5 million gift for the organization's endowment and capital improvement projects.
The donation comes from Emerson, and is the largest Forest Park Forever has received from a publicly traded company.
Forest Park Forever is a private non-profit that works in partnership with the City of St. Louis to restore and care for Forest Park.
A new cooperative agreement with St. Louis was reached in April 2013, and since then FPF has moved forward with strategic improvement projects. This donation will help fund the park's Master Plan.
"We are thrilled and grateful to receive this remarkable gift from Emerson," said Lesley S. Hoffarth, Forest Park Forever President and Executive Director. "Emerson has shown great leadership and generosity in supporting one of St. Louis' most beloved civic treasures. Through its support of Forest Park's improvement projects and endowment, the legacy of Emerson's gift will last for generations."
Emerson has a long history of supporting FPF. In 2003 the company donated $3 million to restore the Grand Basin.
"St. Louis is home to Emerson's corporate headquarters and hundreds of employees, so we have a responsibility to this community to help enrich our cultural institutions like Forest Park," said Patrick J. Sly, Emerson Executive Vice President. "Emerson is proud to support Forest Park Forever, and we look forward to enjoying the many Park enhancements to come."