Frank Hunter, a life-long resident of Kyle, South Dakota, grew up in a ranching family on the Pine Ridge Reservation. And, that’s still what he’s doing today. Frank’s cattle operation consists of about 40 cow-calf pairs and some hay ground. After banking in Gordon, Nebraska for 40 years, he recently […]
Sod’s Mechanical Grows Business, Builds Workforce
Ken Soderlin began Sod’s Mechanical, a plumbing and heating business on the Pine Ridge Reservation, in 1989 with one employee and one truck. Today, his business employs 14 full-time staff members and operates a fleet of six trucks. Early in his company’s history, he took on some big jobs that […]
Eighth Renter Transitions to Homeowner in Eagle Nest Housing Development
In the midst of an extreme housing shortage, it is estimated that the Pine Ridge Reservation needs an additional 4,000 homes to provide adequate housing for residents. With a virtually nonexistent residential real estate market, families are commonly on the waiting list for low-income tribal housing for two-plus years. In […]
Art Market & Exhibit Awards Nearly $2,500 in Competition Prizes
Approximately 75 people gathered at the Lakota Prairie Ranch in Kyle for the Lakota Art Market & Exhibit, an event that featured local art vendors, an archery competition, and a youth art contest. Lakota Funds hosted the event in partnership with First Peoples Fund, and distributed a total of $2,425 […]
Native Organizations Receive Governor’s Awards in the Arts
Lakota Funds was recognized for Outstanding Support of the Arts to Native Nations with Lands in South Dakota at the 24th Biennial Governor’s Awards in the Arts presentation banquet in Pierre, which was co-sponsored by Arts South Dakota and the South Dakota Arts Council. We were selected through an open […]
Free Tax Service Aims to Maximize Refunds for Reservation Residents
Lakota Funds and the Lakota Federal Credit Union are partnering again this year to facilitate a Volunteer Income Tax Assistance (VITA) site that will offer free tax preparation services to those who live on the Pine Ridge Reservation and neighboring areas.
“This is a critical service that helps fuel
Oglala Sioux Tribe President Drops in on Youth Business Plan Competition
The 11th Annual Lakota Nation Invitational (LNI) Business Plan Competition had an unexpected, yet very welcomed, visitor. Oglala Sioux Tribe President, Julian Running Bear, watched several youth as they presented their business plans on the second day of the competition at the Rushmore Plaza Civic Center. “It was great to […]
Native Nations Rebuilders – Cohort 10 Announced
Congratulations to Angela Koenen for being chosen as one of the members of the 10th cohort of the Native Nations Rebuilders program! Rebuilders are emerging and existing Native leaders looking to build leadership skills and nation building knowledge. Angela was one of 21 tribal citizens from 14 tribes that was […]
Lakota Funds Receives $1 Million to Support Lending Program
The Community Development Financial Institutions (CDFI) Fund, a part of the U.S. Treasury Department, announced that Lakota Funds was awarded $1,005,000 as part of their Native American CDFI Assistance (NACA) Program. The award will fuel Lakota Funds’ lending program, which in turn channels funds in the form of agricultural, business, […]
Lakota Funds and First National Bank of Rapid City Partner for $15,000 Strong Communities Award
The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced that First National Bank of Rapid City has been selected as one of seven competing for $15,000 to use to further promote economic development opportunities in their community. First National Bank, a FHLB Des Moines member financial institution, […]