…2024 marked a major milestone with the launch of the Endowment’s Impact Investing Program. The first round of this initiative resulted in $3.5 million invested in three companies that are contributing to sustainable forestry and forest products. Building on this success, we are excited to announce that round two of the program will seek to deploy up to $6.5 million in 2025. These investments will target companies, funds and projects that create systemic, transformative and sustainable benefits for the health and vitality of our nation’s working forests and forest-reliant communities. This continued focus on mission-related investments reflects our commitment to both safeguarding our capital and driving meaningful, long-term change in the forestry sector. …As we look toward 2025 and beyond, we remain focused on our long-term mission to create a more sustainable future for forests and communities alike.