New England has a new, regional philanthropy, the Fund for New England, which is concerned with the advancement of natural resources and environment in the six-state region. The fund is one of a class of new regional environmental funds/trusts that are emerging across the country. The history of New England's own effort is described at the outset of the article, which also explores the experience and potential of the fund and its national counterparts with regard to advancing the novel concept of contributions in lieu of environmental fines. Finally, the process followed in establishing and operating the fund is examined in the context of other New England institutions. The article ends on the promising note that the Fund for New England and other such experiments across the country offer considerable potential for enhancing the environment and encouraging new forms of philanthropy.



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