Western Shoshone Claims Distribution Act of 2004 - Western Shoshone Educational Trust

Western Shoshone Educational Trust

The Western Shoshone Educational Trust is charged with distributing the interest from the trust to Western Shoshone members in the form of grants and other educational assistance. The administrative committee comprises seven members; one each from the Te-Moak, Duckwater, Yomba, Ely tribes, one from the Fallen Band of Western Shoshone, one from the Committee of the Duck Valley Reservation, and one representing the general public. The Western Shoshone committee members are each appointed by their various groups, while the member representing the public is appointed by the Secretary of the Interior.

McCaleb's statement identifies the original source and amount of the principal for the trust as one award (Docket 326-A-1) in the amount of approximately $823,000, appropriated by Congress in 1992; and a second in the amount of $29,000 (Docket 326-A-3) appropriated by Congress in 1995. At the time of his testimony, the principal fund of the trust contained some $754 thousand, and the interest fund contained approximately $592 thousand.

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