The Federal Energy Regulatory Commission (FERC) license creating the Pigeon River Fund in 1996 defined the objectives of the grant program as follows:
- To improve surface water quality,
- To enhance fish and wildlife management habitats,
- To expand public use and access to waterways, and
- To increase citizens' awareness about their roles in protecting these resources.
Refer to the License Statement for additional detail.
Through May 2016, more than $5.8 million has been awarded in grants by the Pigeon River Fund to projects in Haywood, Buncombe and Madison counties. The Pigeon River Fund was established in 1996 through an agreement between Progress Energy and the State of North Carolina. The grant program is administered by The Community Foundation of Western North Carolina.