The Mansion is a state-owned property managed by the Daly Mansion Preservation Trust in partnership with the University of Montana.
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The Daly Mansion was purchased by the State of Montana in 1986 through the Montana Estate Tax Forgiveness Act, in conjunction with a loan from the National Trust for historic Preservation. It is a public/private State historic site, operated by the Daly Mansion Preservation Trust (DMPT) in
partnership with the University of Montana. The State of Montana leases the Mansion and approximately 50 acres of grounds to the DMPT. The DMPT is charged with the full financial responsibility of the Mansion which includes salaries, maintenance, restoration and operation costs. The DMPT does not receive any operational support, at this time, from either the State or the Federal Government. The Mansion was first opened to the public in May 1987, after being closed, boarded up, and abandoned following Margaret Daly's death in 1941.
The Mansion is a state-owned property managed by the Daly Mansion Preservation Trust in partnership with the University of Montana.