The Wool Research, Development , and Promotion Trust Fund, as authorized by the United States Congress in 2000 provides grants to a nationally-recognized council established for the development of the United States wool market. The purpose of the Wool Trust Fund is to assist United States wool producers in improving the quality of wool and providing and assisting producers in the development and promotion of the wool market. The American Sheep Industry Association (ASI) represents the nationally­ recognized council, and the funds are received into the Wool Trust Foundation.

ASI receives approximately $2 million annually to fund activities under this program.