New Opportunities
As tribal enterprises continue to grow and prosper, tribal members have new opportunities to grow their own personal wealth.  Tribal leaders have an interest in providing their citizens, especially youth, with the tools they need to handle their money. 

Resources Available
There are several new publications that provide information to help tribal leaders design effective minor’s trust programs. Click on the links below to download these reports. 
 
Tribal Innovations in Children’s Trust Accounts
This report, published by the Center for Social Development at Washington University, provides information about how tribes are structuring minor’s trust accounts.

Per Capita Distributions of American Indian Tribal Revenues: A Preliminary Discussion of Policy Considerations
This report, published by the Native Nations Institute at the University of Arizona, provides an overview of the strategies many tribes have used to design per capita distribution programs.

Workshops Available to Provide Investor Education

First Nations Development Institute’s InvestNative project offers workshops to help tribal leaders bring their citizens the information they need to manage their newfound wealth.

Workshop overview
A standard workshop includes 1 full day of training using First Nations' Investing for the Future workbook. Training is interactive and suitable for adult learners. This training is good for beginning learners and people who want to refresh their knowledge about investing concepts. This training frames investing in a culturally appropriate way, uses Native trainers, and uses stories and examples from Native communities. First Nations Development Institute is a Native-managed not-for-profit organization, and our work is funded by foundation grants.

Topics covered
Workshops cover concepts like "why invest?", compound interest, the time value of money, and periodic investing. This training provides a review of stocks, bonds, mutual funds, and other securities.

Cost of Workshop
A one day workshops usually costs between $2,500 and $3,500. Training materials such as workbooks and calculators are provided free of charge. Shorter workshops (2 or 3 hour formats) can be offered for a lower cost.

Learn More
To learn more about the InvestNative workshops, email narc@firstnations.org or call 540-371-5615.

 

Fiduciary Manual

First Nations Development Institute is please to announce the publication of The Management of American Indian Investment Decisions—a prudent practices manual for investment fiduciaries.
 
This manual, written in partnership with the Foundation for Fiduciary Studies and Native American Bank, provides a list of fiduciary practices that define a standard of excellence for American Indian tribal leaders and their investment committees. For a copy of this manual, please email narc@firstnations.org.

If you are interested in a fiduciary training for your tribal investment commitee, contact James Pupillo at james.a.pupillo@citi.com. Customized trainings based on the fiduciary manual The Management of American Indian Investment Decisions are available in a variety of formats.