Distribution of interest earned in 2023 from the 1994 endowment fund to the individual 1994 institutions

This federal Formula Grant award of $101,781.94 from the United States Department of Agriculture's National Institute of Food and Agriculture (NIFA) under the Tribal Colleges Endowment Program (CFDA 10.222) provides funding to Sisseton Wahpeton College, a 1994 Land Grant Institution serving Native American students on the Lake Traverse Reservation. The grant supports educational initiatives and capacity-building at the tribal college, including curriculum development, faculty preparation, and instructional delivery in food and agricultural sciences programs tailored to the needs of the Indigenous community. As a Formula Grant, the funding represents the distribution of interest earned in 2023 from the 1994 Endowment Fund established to enhance educational opportunities at tribal colleges across the United States.

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.