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

Scientists Finally Explain Why Dogs Bring You Random Gifts

December 18, 2025

Applied animal behaviorist Renee Rhoades, founder of R Plus Dogs, explains that when dogs present soggy socks, chewed shoes, or even deceased cockroaches at our feet, they’re engaging in complex behaviors that range from instinctual breed tendencies to learned social interactions that have been reinforced over time through positive human

Read More
Happy News

Pets Make Romantic Relationships Happier

December 18, 2025

A groundbreaking study published in the Journal of Social and Personal Relationships has revealed that having a pet present during social interactions makes people significantly happier, with romantic couples experiencing benefits that extend far beyond the moment their furry companion leaves the room. Researchers at the study recruited 37 romantic

Read More
Happy News

This Puppy’s Giant Paws Are Too Big For His Tiny Body

December 18, 2025

Fonzee the English Mastiff is barely three months old, but his enormous paws tell a very different story about his future. The 13 week old puppy arrived at his new home ready to embrace every moment with infectious enthusiasm, hopping through hallways, tumbling down stairs, and exploring every corner of

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 © 2025 HappyNews.