Financial Management

The NRT was created with an original sum of $100 million, donated by the Province of BC. Of the initial sum, $20.75 million has been allocated for spending on projects over the first three years of the Trust’s operations.

The balance of approximately $80 million has been invested in order to accrue interest and grow the fund to provide ongoing benefit to BC First Nations.

The breakdown for program spending is as follows:

	2007/08	2008/09	2009/10	TOTAL
Education	2.00M	2.50M	3.00M	7.50M
Culture & Language	1.00M	1.50M	2.50M	5.00M
Youth & Elders	0.25M	0.25M	0.25M	0.75M
Economic Development	0.50M	0.50M	0.50M	1.50M
TOTAL	$5.25M	$6.75M	$8.75M	$20.75M

Administrative costs for the NRT are maintained at less than 1% of the total investment fund on an annual basis, and are paid through the accrued interest.

The Trust’s Strategic Plan includes an investment Strategy, as well as a number of performance measures related to leveraging additional program funding and growing the fund. Download the Strategic Plan now (pdf).