The Central Indiana Land Trust bought the 150-year-old woods for $288,000.
IU President Michael McRobbie outlined his five year plan for Indiana University campuses during his State of the University Tuesday.
Officials are encouraging Indiana residents to get involved in communities and the bicentennial celebration in 2016.
The plate will start appearing on cars at the end of the year to celebrate Indiana's bicentennial.
Steve Ferguson's donation is the largest the state says it has on record.
The Indiana Department of Natural Resources is taking suggestions for conservation projects in honor the state parks' bicentennial.
Details of the conservation program that Governor Mitch Daniels announced during his state of the state address were revealed Tuesday.