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ONAC Receives a $120,000 Grant for Asset-Building Policy and Practice Project

18 Aug 2016 4:07 PM | Christy Finsel (Administrator)


Oklahoma Native Assets Coalition, Inc.

FOR IMMEDIATE RELEASE , August 18, 2016    

Contact: Christy Finsel, (405) 401-7873



The Oklahoma Native Assets Coalition, Inc. (ONAC) recently received a $120,000 grant from First Nations Development Institute, with support of the Ford Foundation. This award is for an Oklahoma Native Assets Coalition Asset-Building Policy and Practice Project.

With this grant, ONAC will receive funding for constituency building, educating policymakers, and building asset-building programs. “This grant will support ONAC as our coalition hosts our annual conference, provides funding for Children’s Savings Accounts and mini grants in Oklahoma, and offers free technical assistance to our partners who are designing and implementing asset-building programs in the state," said Christy Finsel (Osage), Executive Director of ONAC.   "This funding will also help ONAC to continue to work with tribal, federal and state policymakers and administrative staff to provide information about the unique challenges associated with the racial wealth gap in American Indian communities, including the need to respect tribal sovereignty and understand what program designs have worked in American Indian communities to build family economic security.  We appreciate First Nations Development Institute’s investment in our coalition.  ONAC is excited about this opportunity to help Native families build their assets by working with tribes and Native nonprofits to increase the numbers of asset building programs.” 

The Oklahoma Native Assets Coalition Inc. (ONAC), founded in 2001 and now a 501(c)(3) nonprofit, is a Native asset building coalition that works with tribes and partners interested in establishing asset-building initiatives and programs in Native communities, for the purpose of creating greater opportunities for economic self-sufficiency of tribal citizens. 

The mission of ONAC is to build and support a network of Native people who are dedicated to increasing self-sufficiency and prosperity in their communities through the establishment of comprehensive financial education initiatives, Individual Development Accounts, and other asset-building strategies.  For more information about the coalition, visit http://oknativeassets.org.            

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Oklahoma Native Assets Coalition 
(405) 720-0770

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