Red Lake Nation College receives ‘transformational’ $7M grant from MacKenzie Scott

Red Lake Nation College plans to establish permanent endowment fund with $7 million donation

Red Lake Nation College’s college board and president say the school will invest the money, a gift from philanthropist MacKenzie Scott’s foundation, Yield Giving, into a permanent endowment fund. The investment will follow Ojibwe teachings, visualizing how today’s decision will impact the next seven generations.

Red Lake Nation College receives ‘transformational’ $7M grant from MacKenzie Scott

The school will set up a permanent endowment with the surprise gift.