STOCK TITAN

Life Time Foundation Supports American Forests as Part of Healthy Planet Commitment

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Life Time Foundation has granted $1 million to American Forests to restore the threatened whitebark pine in the western U.S.

This high-elevation keystone species is vital for ecosystem stability but faces large-scale die-off due to disease, pests, and climate change. The funding will support restoration projects across seven western states and two Canadian provinces, including national parks like Yellowstone, Glacier, and Grand Teton.

Efforts will include planting seeds, testing disease resistance, supporting nurseries, and sequencing the whitebark pine genome. This initiative aims to protect alpine biodiversity, ensure clean water supply, and promote outdoor recreation.

Positive
  • Life Time Foundation grants $1 million to American Forests.
  • Restoration projects cover 80 million acres in seven western states and two Canadian provinces.
  • Projects include key national parks like Yellowstone, Glacier, and Grand Teton.
  • Efforts will help conserve whitebark pine, important for ecosystem stability.
  • Funding aids in planting seeds, disease resistance testing, supporting nurseries, and genome sequencing.
  • Initiative promotes future outdoor recreation and clean water supply for communities.
Negative
  • Large-scale die-off of whitebark pine due to disease, pests, and climate change.
  • Threatened status of whitebark pine endangers other species and forest ecosystems.

Foundation grants $1 million to restore threatened whitebark pine in western U.S.

CHANHASSEN, Minn., May 17, 2024 /PRNewswire/ -- The Life Time Foundation, the 501©(3) nonprofit created by Life Time, Inc. (NYSE: LTH), has provided a $1 million grant to American Forests to support restoration of the threatened whitebark pine in the western U.S.

Whitebark pine is a high-elevation keystone species that has been experiencing large-scale die-off caused by disease, pests and climate change. Without its existence, other species and forest ecosystems are at risk of drastic, negative change. With this critical funding, American Forests will be able to advance projects to restore whitebark pine, which grows across 80 million acres in seven western states and two Canadian provinces, including national parks and iconic areas where many ski, hike and camp. Projects also will support wildlife and return whitebark pine forests that help hold and slowly release snowpack, delivering clean water to the communities below.

"We're proud to support American Forests and further our commitment to nurture a healthy planet today and for future generations to come," said Sarah Emola, Life Time Director of ESG Programs and the Life Time Foundation. "Our respective missions align well and reinforce our joint commitment to preserve the land and ensure a space where future generations can live healthy, happy lives."

Specific projects supported by the grant include efforts to directly plant seeds in Yellowstone, Glacier and Grand Teton National Parks, as well as collect and test cones for disease resistance in Sequoia and Kings Canyon National Parks. Additionally, the funds will help strengthen the reforestation supply chain by supporting nurseries and training experts, as well as advance work to sequence the genome of the whitebark pine and improve efforts to cultivate natural disease resistance.

"We've seen immense loss of whitebark pine across its range; yet we have the tools and knowledge to reverse the decline of this important species," said Brian Kittler, Resilient Forests lead with American Forests. "Through partnerships like our collaboration with the Life Time Foundation, we're able to scale up restoration efforts and work across landscapes to fix the trajectory of whitebark pine."

By conserving and restoring this threatened species and its ecosystem, a key component to alpine biodiversity is protected, ensuring future generations can continue to enjoy the health benefits of outdoor recreation in pristine nature environments and foster a deeper connection with nature. The Life Time Foundation and American Forests encourage joining their efforts to conserve, preserve, and protect the environment. To donate to this initiative, click here.

About Life Time Foundation
The Life Time Foundation, is the 501(c)(3) nonprofit created by Life Time, Inc. dedicated to inspiring Healthy People, a Healthy Planet, and a Healthy Way of Life. Through financial grants and direct action, we support Youth Nutrition by helping schools serve wholesome, nourishing, minimally processed food to students; Youth Movement by championing physical movement programs that get children active and excited to move for life; and a Healthy Planet by supporting forestation and conservation initiatives, so everyone can live healthy, happy lives. For more information, visit www.ltfoundation.org.

About American Forests
American Forests is the first national nonprofit conservation organization created in the U.S. Since its founding in 1875, the organization has been the pathfinders for the forest conservation movement. Its mission is to create healthy and resilient forests, from cities to large natural landscapes, that deliver essential benefits for climate, people, water and wildlife. The organization advances its mission through forestry, innovation, place-based partnerships to plant and restore forests, and movement building. For more information visit: www.americanforests.org

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/life-time-foundation-supports-american-forests-as-part-of-healthy-planet-commitment-302149091.html

SOURCE Life Time Foundation

FAQ

What is the purpose of the Life Time Foundation's $1 million grant?

The grant supports American Forests in restoring the threatened whitebark pine in the western U.S.

Which species is the Life Time Foundation helping to restore?

The foundation is helping to restore the threatened whitebark pine.

When was the $1 million grant to American Forests announced?

The grant was announced on May 17, 2024.

What areas will the whitebark pine restoration projects cover?

The projects will cover 80 million acres across seven western states and two Canadian provinces, including national parks.

Which national parks are included in the restoration efforts funded by the grant?

The efforts include Yellowstone, Glacier, and Grand Teton National Parks.

What are the key activities funded by the Life Time Foundation grant?

Activities include planting seeds, testing disease resistance, supporting nurseries, and sequencing the whitebark pine genome.

How will the restoration of whitebark pine benefit the environment?

Restoring whitebark pine will protect alpine biodiversity, ensure clean water supply, and promote outdoor recreation.

Why is whitebark pine important for ecosystems?

Whitebark pine is a keystone species important for ecosystem stability and supports other species in its habitat.

Life Time Group Holdings, Inc.

NYSE:LTH

LTH Rankings

LTH Latest News

LTH Stock Data

5.04B
81.33M
12.73%
82.88%
2.4%
Leisure
Services-membership Sports & Recreation Clubs
Link
United States of America
CHANHASSEN