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national fish and wildlife foundation

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Portion of funds from $4.5 billion BP settlement to benefit Gulf Coast fish and wildlife

MEMPHIS, Tenn. - Nov. 15, 2012 - BP announced today that it will plead guilty to several criminal charges under a settlement agreement reached with the U.S. Department of Justice over its role in the 2010 disaster involving the explosion on the Deepwater Horizon oil rig, in which an estimated 200 million gallons of crude oil leaked into the Gulf of Mexico. Under the terms of the settlement, BP will pay approximately $4.5 billion in installments over a five-year period, with nearly $2.4 billion going to the National Fish and Wildlife Foundation (NFWF), an independent non-profit conservation group chartered by Congress in 1984.
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