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

This $107,151.68 Formula Grant awarded on August 9, 2023 by the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA) under the Tribal Colleges Endowment Program (CFDA 10.222) provides funding to distribute the 2022 interest earned from the 1994 Endowment Fund to the individual 1994 Land Grant Institutions. The 1994 Equity in Educational Land-Grant Status Act designated these thirty-four tribal colleges and universities as eligible to receive contributions to an endowment fund, with the interest income distributed annually to enhance their teaching programs in food and agricultural sciences. The award recipient, Little Big Horn Community College, is a Tribally Owned Firm and 1994 Land Grant College located in Crow Agency, Montana that serves the Crow Indian Reservation. As a minority-serving institution, this funding supports Little Big Horn Community College's efforts to provide higher education, workforce training, and community programming aligned with the cultural, economic, and educational needs of the tribal population.

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.