What do you think of when you hear the word “casino”? Perhaps you think of a place where money is made or lost, a spot to go with friends for an evening out, or a venue for concerts?
Here’s a description that may not be top of mind: grant funding agency.
It’s a description that rings true for the Soaring Eagle Casino . Through the net gaming revenues from the casino’s Class III gaming operations, the Saginaw Chippewa Indian Tribe has a revenue sharing program – their 2% grants , which provide funding to local units of government and public schools.
“The spirit of the 2% revenue allocation program was to alleviate the footprint of our success, so one of the things that the tribe focuses on the most is infrastructure,” says Frank Cloutier, Director of Public Relations for the Saginaw Chippewa Indian Tribe. “We’re looking at roads, we’re looking at bridges, we’re looking at safety issues, fire trucks, ambulances – those infrastructure needs because we’re making quite an impact on the number of people coming in and going out of our county. So, we feel an obligation to alleviate some of that stress.”
The 2% grant program started in 1993, and since then has shared over half a billion dollars with local units of government and public schools.
“The last five years, in Isabella County alone, we’ve given over $21 million,” says Cloutier. “If you look at 2016, it was 4,324,000. In 2017 it was 4,307,000. In 2018, it was 4,425,000. In 2019 […]