Seven years after the collapse, on June 24, 2010, the OMMLF, now the Friends of the Old Man of the Mountain, broke ground for the first phase of the state-sanctioned Old Man of the Mountain Memorial on a walkway along Profile Lake below Cannon Cliff. It consists of a viewing platform with Steel Profilers, which, when aligned with the Cannon Cliff above, create what the profile looked like up on the cliff overlooking the Franconia Notch. The project was overseen by Friends of the Old Man of the Mountain/Franconia Notch, a committee that succeeded the Old Man of the Mountain Revitalization Task Force. The Legacy Fund is a private 501(c)(3) corporation with representatives from various state agencies and several private nonprofits.