Racial Equity 2030 Challenge Finalist
The principles of Indigenous stewardship that once protected the nation’s resources have been replaced by extractive, settler-colonial practices. Our Indigenous food producers are straining under the burden of a colonized lending system. IAC seeks to implement bold solutions that shift power dynamics by centering on racial equity and Indigenous principles.
IAC’s Regenerative Finance Model (RFM) provides access to capital to Tribal producers at flexible terms that emphasize success and sustainability. The RFM continually generates its own financial support via a low-risk loan product that ensures the businesses’ revolving profits remain in the local economy. It also enhances the impacts of existing federal assistance programs by increasing the financial viability of individual agricultural operations. By replacing colonized lending practices, our model perpetually regenerates capital for producers. Through this redistribution of wealth, the RFM promotes racial equity and supports Indigenous producers as they care for their families, communities, and lands.
To donate, contact Leah Altman at leah@indianag.org
Launched in October 2020 and sponsored by the W.K. Kellogg Foundation, Racial Equity 2030 was a $90 million challenge to help build and scale actionable ideas around the world for transformative change in the social, economic, political, and institutional systems that uphold racial inequities. 1400 proposals were submitted to the competition and were evaluated using four criteria: whether the proposals were game-changing, equitable, bold, and achievable. Ten Finalists were announced in September 2021. Five Awardees were announced in October 2022: ActionAid, Communities United, Indian Law Resource Center, Namati, and Partners in Development Foundation.
Financials sourced from IRS Form 990 (2021)
Financials sourced from IRS Form 990 (2021)
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