Distribution of interest earned in 2022 from the 1994 endowment fund to the individual 1994 institutions

This $144,705.20 Formula Grant award from the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA) under the Tribal Colleges Endowment Program (CFDA 10.222) provides for the distribution of interest earned in 2022 from the 1994 Endowment Fund to the individual 1994 Land Grant Institutions. The 1994 Land Grant Institutions, also known as Tribal Colleges and Universities, receive these formula grant funds annually to support and strengthen their teaching programs in food and agricultural sciences. The award recipient, Salish Kootenai College, Inc., is a 1994 Land Grant Institution that provides a range of educational programs, including vocational, associate, and baccalaureate degrees, serving the Salish, Kootenai, and Pend d'Oreille people in Montana. This grant award contributes to enhancing educational opportunities and supporting the teaching mission of this tribal college.

Title v part c of the improving americas 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.