Looking ahead to the next 12 months she said the first grants would shortly be awarded to help projects come to life.
"We are working with Natural England on an exciting piece of work on the Cumbrian West Coast, linked to the new national coastal path," she said.
"We are also developing our partnership with Cumbria Tourism and others to look at how we use every opportunity to promote sustainable tourism habits and approaches.”
Jim Walker, Cumbria Tourism's vice chairman, said tourism was the county's biggest industry, bringing in £2.9bn to the county’s economy every year.
“Our visitors make Cumbria the successful holiday destination it is, and their support for the county is always second to none.
"It is really good to see the new Lake District Foundation playing a major role here. We are hugely grateful for their ongoing efforts to encourage our visitors to make a donation."
He added: “A big thanks must also go to local businesses who appreciate how important it is that the county is cared for through the wide range of projects which the Lake District Foundation supports.”