First Nations Development Institute meets the 20 Standards for Charity Accountability.
First Nations Development Institute (FNDI) works to improve economic conditions for Native Americans through technical assistance/training, advocacy/policy, and direct financial grants in five areas: achieving Native financial empowerment, investing in Native youth, strengthening Tribal and community institutions, advancing household and community asset-building strategies, and nourishing Native foods and health. With First Nations Oweesta Corporation, the organization works with Native American tribes and communities throughout the United States in designing and administering financial education programs. FNDI invests in Native youth and families through many programs, but the cornerstone is the Native Youth and Culture Fund, which annually provides grant support to at least 20 youth-related projects. The organization also has a range of financial education programs geared toward youth. FNDI provides tribes and Native communities with tools and resources necessary to create community-based nonprofit organizations and to strengthen capacity of existing nonprofits and tribal agencies/departments. The organization works with Native American communities in reclaiming direct control of their assets. Working with grassroots community partners, FNDI supports and provides Native asset development strategies and models to help communities understand and control the way in which Native assets are valued, as well as the decision-making process in deciding whether to monetize those assets. To increase access to healthy food, the organization supports tribes and Native communities as they build sustainable food systems that improve health, strengthen food security and increase control over Native agriculture and food systems.
For the year ended June 30, 2019, First Nations Development Institute's program expenses were:
First Nations Oweesta Corporation |
$4,295,205 |
Strengthening Tribal and communty institutions |
$3,150,410 |
Nourishing Native foods and health |
$1,964,307 |
Investing in Native youth |
$647,467 |
Advancing household and community asset building |
$189,200 |
Achieving Native financial empowerment |
$86,715 |
Total Program Expenses: |
$10,333,304 |
-
Chief Executive
Michael E. Roberts, President & CEO
-
Compensation*
$200,303
-
Chair of the Board
Benny Shendo
-
Chair's Profession / Business Affiliation
Vice-President, Business Development, NB3 Consulting
-
Board Size
8
-
Paid Staff Size
24
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $26,081,622, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on First Nations Development Institute's audited financial statements - consolidated for the year ended June 30, 2019.
Source of Funds |
Grants |
$22,403,718 |
Government grants |
$2,614,321 |
Contributions |
$1,063,583 |
Investment return |
$648,443 |
Program service fees |
$459,698 |
Interest income on notes receivable |
$333,951 |
Other income |
$23,241 |
Total Income |
$27,546,955 |
- Programs: 86%
- Administrative: 9%
- Fundraising: 5%
Total Income |
$27,546,955 |
Program expenses |
$10,333,304 |
Fundraising expenses |
$648,375 |
Administrative expenses |
$1,098,308 |
Other expenses |
$0 |
Total expenses: |
$12,079,987 |
Income in Excess of Expenses |
$15,466,968 |
Beginning Net Assets |
$16,205,104 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$31,672,072 |
Total Liabilities |
$17,288,567 |
Total Assets |
$48,960,639 |