Skip to content
  • Happy Health
  • Happy Mindset
  • Animal Wonders
  • About Us
    • Team
  • Subscribe
Menu
  • Happy Health
  • Happy Mindset
  • Animal Wonders
  • About Us
    • Team
  • Subscribe
Happy News

Generous Donation of Over $103M to Boost Native Financial Institutions

Philanthropist MacKenzie Scott has made a historic contribution to Native community development financial institutions (CDFIs), awarding more than $103 million in unrestricted funding. This landmark investment is one of the largest single contributions to Native financial institutions and is set to create lasting impacts in Indigenous communities nationwide.

Thirty Native-led and Native-serving CDFIs received grants ranging from $1 million to $13 million, with the Citizen Potawatomi Community Development Corporation in Oklahoma receiving the largest disclosed grant at $13 million. These funds will be used to expand access to affordable housing, business loans, clean energy initiatives, and financial education in Native communities.

Scott’s approach allows Native CDFIs to strengthen their operations with unrestricted funding, empowering them to directly address community needs. “No one knows better how to build up Native communities than Native CDFIs,” said Pete Upton, CEO of Native CDFI Network. This support builds on Scott’s previous philanthropy, which has provided $132.5 million to Native-serving nonprofits since 2020.

This funding arrives in a philanthropic landscape where less than 0.5% of large foundation grants traditionally go to Native American nonprofits. Leaders like Ted Piccolo, a pioneer in Native CDFIs, called the scale and speed of Scott’s donation “unprecedented,” highlighting its potential to foster resilience and economic prosperity in Native communities.

PrevPreviousVirginia Zoo Welcomes Adorable Pygmy Hippo Calf
NextToronto Man Builds Tiny Mobile Homes for UnhousedNext

Recent Articles

Happy News

Mister Rogers’ Neighborhood Is Coming to Youtube For The New Generation of Kids

March 21, 2026

Won’t you be our neighbor – on YouTube? In a heartwarming announcement sure to delight generations of fans, Mister Rogers’ Neighborhood is getting its very own dedicated YouTube channel for the first time in the beloved show’s history. Fred Rogers Productions has partnered with digital studio Little Dot Studios to

Read More
Happy News

Scientists Just Dated The First Human Language

March 21, 2026

One of the biggest mysteries in all of human history is the question of when our ancestors first began to truly speak to one another, and a new study has put the most precise answer yet on the table. Researchers led by linguist Shigeru Miyagawa at MIT, alongside colleagues from

Read More
Happy News

The Athlete Who Invented His Own Prosthetic And Won Olympic Gold

March 21, 2026

When Mike Schultz lost his left leg above the knee in a snowmobiling accident, doctors told him the amputation was the only way he would survive. He was 27, a top-level athlete who had competed in motorsports since his teenage years, and the idea of stopping was something his mind

Read More
« Previous Next »
  • Privacy Notice
  • Accessibility Notice
  • Do Not Sell or Share My Personal Information
  • Unsubscribe
  • Terms and Conditions
  • Privacy Policy
  • Privacy Notice
  • Accessibility Notice
  • Do Not Sell or Share My Personal Information
  • Unsubscribe
  • Terms and Conditions
  • Privacy Policy
Copyright © 2026 HappyNews.