
In the spring of 2007, the fund was turned over to the communities of Haida Gwaii to be managed under the same model as the Gwaii Trust Society. The federal and provincial governments decreed that the Trustees of the then named Gwaii Forest Charitable Trust be represented by three Trustees:
- One corporate Trustee, the Gwaii Trust Society as a whole entity
- Two individual members, from the Executive committee of the Gwaii Trust Society
The trust halted granting in 2008, stemming directly from the financial crisis of 2008. In 2014, the trustees changed the name to the Athlii Gwaii Legacy Trust (AGLT). Then Provincial legislation covering AGLT forced a potential tax issue, freezing the use of the fund until March 2024, when new legislation enabled the fund to be wound into the Gwaii Trust Society. Officially renamed Athlii Gwaii Legacy (AGL) in 2025, the Gwaii Trust Society Board of Directors are planning the next steps for the AGL perpetual fund.
