Developing Innovations in Tribal Per Capita Distribution Payment Programs: Promoting Education, Savings, and Investments for the Future

This report seeks to encourage tribes that have either established per capita distribution payment programs, or are planning to develop such programs, to consider building in innovative features that encourage long-term savings and investing. Developing Innovations in Tribal Per Capita Distribution Payment Programs: Promoting Education, Savings, and Investments for the Future was funded by the U.S. Department of Health and Human Services, Administration for Native Americans (ANA) Social and Economic Development Strategies (SEDS) program.

Table of Contents

I. Introduction
2
II. Developing Effective Minor’s Trusts and Per Capita Distribution Payment Programs
3
III. Establishing Innovations in Minor’s Trusts and Per Capita Distribution Payment Programs
6
IV. Requiring Financial Education As Part of Per Capita Distribution Payment Programs: The Importance of Choosing An Effective Financial Education Program
8
a. What Topics Should Be Covered In Financial Education Classes?
9
b. Not All Financial Education Programs Are Created Equal
9
c. The Role of Financial Services Firms
10
V. Nuts and Bolts: How to Establish Innovative Features in Per Capita Distribution Payment Programs and Minor’s Trusts
11
VI. Conclusion
13
Appendix A: Works Cited
14
Appendix B: Table of Selected Per Capita Distribution Payment Programs with Innovative Features
15