WASHINGTON DC, May 17, 2016 | Today, the class counsel in the Keepseagle v. Vilsack case announced a one-time distribution of $38 million from the remaining settlement funds through the Native American Agricultural Fast Track Fund (NAAFTF).
This will be the first distribution of $380 million left in the Keepseagle cy pres fund for the benefit of Native American farming and ranching.
“Today’s announcement marks the beginning of a new era in Indian agriculture,” said Jacqueline Pata, Executive Director, National Congress of American Indians. “The initial $38 million from the remaining Keepseagle settlement fund will go a long way to furthering the reach and capacity of organizations which have always supported our Native farmers and ranchers. By increasing our ability to feed ourselves, we can strengthen our sovereignty.”
The fast-track registration opens May 25, 2016, and closes applications June 24, 2016. According to a press release by Echo Hawk Consulting today, the awards from NAAFTF are to be made on a competitive basis. Echo Hawk Consulting will be managing this process under the supervision of class counsel.
The NAAFTF awards eligibility criteria:
The NAAFTF awards process:
NAAFTF letter of intent application must include:
Questions about NAAFTF? Contact Crystal Echo Hawk at Echo Hawk Consulting via email (crystal@echohawkconsulting.com) or phone (720.891.9118).
Background
On April 20, 2016, the U.S. District Court for the District of Columbia approved a modification to the Keepseagle settlement agreement, which included a process for the distribution of funds to cy pres beneficiaries. The modification to the settlement also provides for additional damage awards to be paid to prevailing claimants. The remaining funds, approximately $265 million, will go to a Trust that will distribute funds at the direction of an independent board of trustees for up to 20 years. NAAFTF is separate from the Trust, and is designed to ensure that a substantial portion of the remaining funds are distributed to qualifying organizations more quickly than the Trust will be able to award grants.
NAAFTF was created to make awards to such organizations already involved in supporting Native American ranchers and farmers before the original Keepseagle settlement was agreed to in 2010.
The Court's order is open to appeal through June 20, 2016. If an appeal is filed, the grant process will be suspended until a decision on the appeal is rendered.
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About The National Congress of American Indians:
Founded in 1944, the National Congress of American Indians is the oldest, largest and most representative American Indian and Alaska Native organization in the country. NCAI advocates on behalf of tribal governments and communities, promoting strong tribal-federal government-to-government policies, and promoting a better understanding among the general public regarding American Indian and Alaska Native governments, people and rights. For more information, visit www.ncai.org.