In May 2001, Laurance S. Rockefeller announced his intent to donate the 1106-acre JY Ranch to Grand Teton National Park. During a ceremony held at the ranch on May 26, 2001, Vice President Cheney and Secretary of the Interior Norton committed that the U.S. Government would honor the specific wishes and vision of Mr. Rockefeller in accepting his donation. This was also annotated in a Memoranda of Understanding between the NPS and Mr. Rockefeller in which the National Park Service committed to operating the ranch upon transfer of the property and states Mr. Rockefeller's intent to establish an endowment fund to provide for the long-term capital maintenance of the Ranch.
Through this gift, Mr. Rockefeller expressed his hope that the Preserve would become a place of physical and spiritual renewal, it would be a model for achieving balance between preservation of natural values and public use, and that it would demonstrate how citizens working in partnership with their government can achieve important goals.
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