The Pingree Forest Partnership, a multi-year effort spearheaded by the New England Forestry Foundation to acquire a permanent conservation easement on 762,192 acres of privately-owned forestland in the state of Maine, stands as an important conservation innovation marked by novelty and creativity in conception, political significance, and measurable effectiveness. Conservationists active in the first decade of the twenty-first century are striving to transfer several of the innovative aspects of the Pingree project to new initiatives in North America and around the world. Should innovative aspects of the project be widely transferred to other initiatives, the Pingree project may have an enduring impact as a conservation innovation over the span of many decades. This paper details key aspects of the Pingree effort, both offering highlights of what happened and considering important "so what" questions associated with the story. It has been prepared so as to be useful to conservationists interested in replicating aspects of the Pingree project, as well as others interested in striking out in new irections and setting new precedents.