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

Paris Hilton Just Put Her Money Where Her Heart Is

March 11, 2026

Paris Hilton has spent decades being one of the most recognized faces on the planet, but lately she has been making headlines for something that has nothing to do with fame or fashion. After losing her own Malibu home in the devastating Los Angeles fires and watching countless other women

Read More
Happy News

Why Every Culture In The World Makes This Same Dish

March 10, 2026

No matter where you grew up, there is a good chance your family had a special bowl of something warm waiting for you on your worst days. Across every continent and culture, people have been simmering broths and stocks for thousands of years, and scientists and historians are still uncovering

Read More
Happy News

Turns Out We Were Wrong About When Humans Invented Writing

March 10, 2026

For more than a century, historians have agreed that human beings first began writing things down around 5,000 years ago in ancient Mesopotamia, in what is now modern-day Iraq. But a remarkable new study is turning that timeline completely on its head, and the discovery has left archaeologists genuinely stunned.

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.