On June 24, 2016, President Obama announced the establishment of the Stonewall National Monument site to be administered by the National Park Service. The designation, which followed transfer of city parkland to the federal government, protects Christopher Park and adjacent areas totaling more than seven acres; the Stonewall Inn is within the boundaries of the monument but remains privately owned. The National Park Foundation formed a new nonprofit organization to raise funds for a ranger station and interpretive exhibits for the monument.