Presidio Trust Response to Executive Order

MEDIA STATEMENT: Presidio Trust Response to Executive Order 

President Trump has issued an executive order requiring the Presidio Trust to eliminate “all non-statutory functions” that are performed by the Presidio Trust. The Presidio Trust Act, passed by Congress in 1996, created the Presidio Trust as a wholly-owned federal corporation with a mandate to, among other things, “manage the leasing, maintenance, rehabilitation, repair and improvement of property within the Presidio” and “The Trust shall develop a comprehensive program for management of those lands and facilities within the Presidio which are transferred to the administrative jurisdiction of the Trust. Such program shall be designed to reduce expenditures by the National Park Service and increase revenues to the Federal Government to the maximum extent possible.”   

We do this, as required by the Trust Act, through “an innovative public/private partnership that minimizes cost to the United States Treasury and makes efficient use of private sector resources.”  The Presidio Trust has not received regular annual appropriations from Congress since 2013, instead relying on the funds earned by leasing the historic buildings that the Trust has renovated. 

We will present a report on our activities to the Office of Management and Budget, as required by the order, in two weeks. We are confident that our activities are all statutorily-based. 

The Presidio a one-of-a-kind national park site, and all of its services and business will continue to operate as normal, welcoming visitors and serving all who live and work here. 

Lisa Petrie 

Senior Manager of Public Relations

Presidio Trust