Frank Lloyd Wright’s Oak Park Home and Studio (via) 

Frank Lloyd Wright Preservation Trust Acquires Wright’s Home and Studio From National Trust for Historic Preservation

CHICAGO – May 7, 2012 – The Frank Lloyd Wright Preservation Trust and National Trust for Historic Preservation announced today that the Preservation Trust has assumed ownership of the Frank Lloyd Wright Home and Studio from the National Trust.

This transfer of ownership marks a new chapter in the history of the legendary Oak Park IL landmark.  For nearly four decades, the Chicago-based Frank Lloyd Wright Preservation Trust operated the site in cooperation with the Washington, D.C.-based National Trust. As an innovative preservation strategy at the time of the original purchase nearly 40 years ago, the Frank Lloyd Wright Preservation Trust was given the option to acquire the property during the term of a lease with the National Trust.

From July 2011 to January 2012, the Frank Lloyd Wright Preservation Trust, a privately funded non-profit organization, conducted a capital campaign to gather sufficient local donor support to finalize the purchase.  Now as owner, the Preservation Trust will initiate a public campaign to establish a Frank Lloyd Wright Preservation Fund for the perpetual upkeep and maintenance of Wright’s Home and Studio. (more)