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

The U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA) awarded a $235,383.96 Formula Grant to Haskell Indian Nations University, a 1994 Land Grant Institution, on August 9, 2023. This grant provides funding for the distribution of interest earned in 2022 from the 1994 Endowment Fund to individual 1994 Institutions, as authorized under Title V Part C of the Improving America's Schools Act of 1994. The Tribal Colleges Endowment Program (CFDA 10.222) aims to enhance educational opportunities and strengthen teaching programs in food and agricultural sciences at eligible tribal colleges and universities. Haskell Indian Nations University, a minority-serving and tribally-owned educational institution, will use these formula grant funds to support its mission-aligned programs and services for tribal communities.

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.