About Property and Environment Research Center
PERC is dedicated to advancing conservation through markets, incentives, property rights, and partnerships.
Focus Areas
Public lands funding and managementWildlife management and conservationForest restoration and wildfire risk reductionOutdoor recreation and park fundingWater conservation and water marketsMarket-based conservation innovation
Who They Fund
private landowners and ranchersfederal/state public-land managers and agenciesoutdoor recreation users and local recreation economiespolicymakers and legal researchersconservation NGOs and practitioners
About Property and Environment Research Center
Property and Environment Research Center’s largest recent grant was $60,000 to Petrich Family for Paradise Valley, a signal that the funder’s work reaches beyond policy writing into place-based conservation issues. The organization funds projects tied to conservation through markets, incentives, property rights, and partnerships, with recent support spanning outreach, conservation innovation, and a research lab in Wyoming. Its 2025 grants also included awards to State Policy Network in Arlington, National Review Institute in New York, and Theodore Roosevelt Conserva in Washington, showing a mix of policy-oriented and field-facing work. PERC’s grantmaking reflects a small number of relatively focused awards rather than many small transactions, and its active programs reinforce that pattern through fellowships and a virtual fencing fund. Those programs point to interest in research, testing, and deployment rather than general operating support. The foundation’s profile is shaped by conservation policy, land stewardship, and practical tools that connect wildlife, ranching, recreation, and water use.
What Property and Environment Research Center Funds
PERC’s focus areas cluster around conservation policy and applied land management. In public lands and outdoor recreation, the foundation gave $20,000 to State Policy Network for outreach, suggesting an interest in policy communications around land and resource issues. In wildlife and ranching innovation, it awarded $10,000 to Bim Kendall House - Uni of Wy for a conservation innovation lab, aligning with its virtual fencing work and broader interest in wildlife-livestock coexistence. The foundation also supports the research side of conservation law and policy: its fellowship program invites scholars, lawyers, and graduate students to work on environmental challenges at PERC headquarters in Bozeman. Water conservation and market-based conservation innovation are part of the stated focus set, linking the grants to a broader incentive-driven approach rather than a single-issue strategy.
How Property and Environment Research Center Gives
Typical grants sit in a relatively narrow band: the 25th percentile is $10,000, the median is $12,500, and the 75th percentile is $20,000. One recent award was materially larger at $60,000, which shows that the foundation can make outsized grants when a project fits its priorities. The 2025 list also suggests a mix of one-off awards and program-linked support rather than repeated funding to the same recipient in the data provided. PERC is a regular funder, not a DAF, and it does not fund individuals or make program-related investments. Its active fellowship and virtual-fencing programs indicate support for research, testing, and implementation.
Financial Snapshot
Annual Giving
$361K
Total Assets
$14M
Total Revenue
$8M
Total Expenses
$6.4M
Typical Grant Size
Most grants fall between $10K and $20K, with a median of $13K.
25th Percentile
$10K
Median
$13K
75th Percentile
$20K
Geographic Reach
National5 states funded
About 20% of grants go to recipients in DC.
Funding intensity
LowHigh
Headquarters
Leadership
BRIAN YABLONSKI
Accepts unsolicited proposals
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