Distribution of interest earned in 2021 from the 1994 endowment fund to the individual 1994 institutions

The Department of Agriculture's National Institute of Food and Agriculture awarded $247,848 under the Tribal Colleges Endowment Program (CFDA 10.222) on July 12, 2022 to Haskell Indian Nations University. This Formula Grant funding will support Haskell Indian Nations University's efforts to enhance educational opportunities at tribal colleges and universities designated as 1994 Land Grant Institutions. Specifically, the funding will strengthen teaching programs in food and agricultural sciences at these thirty-four 1994 Institutions, with a focus on targeted areas of need. As stipulated in the 1994 Equity in Educational Land-Grant Status Act, the Department of Agriculture contributes to an endowment fund for 1994 Institutions, and this award distribution interest income earned from that fund in 2021 to Haskell Indian Nations University.

Title v, part c of the improving america's schools act of 1994, public law 103-382 (october 20, 1994), cited as "equity in educational land-grant status act of 1994" provides that certain tribal colleges, designated as "1994 institutions" receive various benefits. These include contributions by the federal government to an endowment fund, the interest income from which is distributed to the 1994 institutions.