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

Blind Patients Are Reading Again Thanks To This Tech

March 10, 2026

For people who have lost their central vision to eye disease, the inability to read is often one of the most devastating parts of the experience, taking away everything from books and labels to phone numbers and handwritten notes in an instant. But a tiny wireless chip smaller than a

Read More
Happy News

Every Major Las Vegas Casino Just Made History For Its Workers

March 9, 2026

For the first time in its 90-year history, the Culinary Workers Union has achieved something that once seemed completely out of reach: every major casino on the Las Vegas Strip is now fully unionized. The milestone was sealed when the Venetian, one of the last significant holdouts on the Strip

Read More
Happy News

This Town Is Being Powered By The Earth Itself

March 9, 2026

Deep beneath the rugged hills of Cornwall, England, rocks have been quietly cooking at nearly 200 degrees Celsius for millions of years, and now, for the very first time, the UK is finally putting all of that heat to work. After nearly two decades of planning, drilling, and determination, a

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.