First Peoples Fund

“The organization's president and attorney review a draft of the form 990 prepared by the third party accountant prior to filing. Once all requested revisions have been made, the president will approve the draft for filing. A final copy of the filed form 990 is provided to the executive committee for sign-off and approval. The finalized return is copied to all board members when filed with the irs, with such filing typically occurring 30-45 days before the next regular meeting of the board at which time the as- filed form 990 is on the agenda and approved along with the report to the minnesota attorney general.”

“The organization's board members and president are subject to a conflict of interest policy that requires decision making on any transaction that would affect their material financial interests only by action of the entire board, with only directors who are independent of the party participating in the action, and with notice of the conflict/subject given in advance. The executive committee administers the policy ensuring each affiliated person of the organization signs a conflict of interest statement annually. Questions of whether an individual has a conflict/material financial interest are decided by the board, not including in such deliberations (or vote) the party whose potential conflict is at issue.”

“The board of directors reviews the president's salary annually and analyzes amount of reasonable compensation to be provided based on both the president's performance review and in conjunction with amounts of compensation paid to those holding comparable positions with non-profit organizations in the state of minnesota.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“Trainings, workshops, and re-grants: first peoples fund community development work includes several sub-programs designed to build the capacity of community-based organizations to support the development of creative, leadership, and entrepreneurial skills of individuals under our category of native arts ecology building grants. These grants provide funding and technical assistance to community-based organizations, supporting them to assist native artists to grow as entreprenuers and leaders in their local indigenous arts ecosystem. Through the indigenous arts ecology program, fpf partners primarily with native community development financial institutions. The cohort-based program builds an understanding of the critical role of artists and culture bearers in tribal communities and helps build capacity to better support artists with services, training, and mentoring.”

“Artist in business leadership: cultural capital fellowships are similar programs which are grouped together for reporting purposes. Cultural capital is designed specifically for master artists who have been practicing their art for 10 years of more. Artists; 1) share a commitment to teaching their craft in their community to keep cultural expression alive; 2) have a plan to document their ancestral knowledge for the next generations; and 3) seek ways to sustain cultural sharing as a way of life within their tribal community. Grants of 10,000 offer artists an opportunity to delve deeper into their art - sharing their artistry will all who to learn. Each year, cultural fellows teach and share their knowledge with more than 100 community members. Benefits of the fellowships: first peoples fund's artist in business leadership fellowship does not just help artists grow a business, it helps inspire them to fully honor their cultural creativity and grow the impact it has on their people. Artist applicants for the fellowship programs must be native hawaiian or a member of a united states tribal nation. Each artist receives individualized technical assistance and professional development guidance, as well as a grant to offset capital expenses associated with growing a business. Impact of the fellowship: our artist alumni tell us the program does more than just support an entrepreneurial spirit - it stimulates a renewed energy to challenge themselves and each other to create new work. Yeego action provides small grants for artists encountering unanticipated costs required to take full advantage of a professional opportunity, or who have been impacted by an emergency or regional disaster. Monthly application deadlines provide timely assistance with a quick turn-around.”

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