The WGEF is administered by the Grand Foundation, while the WGEF Committee reviews proposals and allocates grant funding. The committee is composed of three representatives from the Municipal Subdistrict and three from the Upper Colorado Watershed Environmental Team.
Construction of Chimney Hollow Reservoir began in August 2021 after the Municipal Subdistrict won a federal lawsuit in the first round that challenged the permit issued by the Bureau of Reclamation and Army Corps of Engineers. The Municipal Subdistrict then settled during the appeal process, which required a $15 million contribution throughout the four-year construction timeline that will be administered by the Grand Foundation to pay for projects that enhance the Colorado River and its many tributaries in Grand County.