TAALA FUND, a Native led 501c3 non-profit organization, is a  Community Development Financial Institution (CDFI).  

CDFI's are financial institutions that focus on personal lending and business development efforts in local communities.

CDFIs can receive federal funding through the U.S. Department of the Treasury.

As a nonprofit organization, contributions to Taala Fund are tax deductible.

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TAALA FUND

(360)276-0118

PO Box 702

Taholah, WA   98587

Website by WolfStar Productions

HOURS: 

8:00 am - 4:30pm

About Us

OUR PURPOSE:

To provide education training and direct lending of money to support community and business development and an improved quality of life for the people and communities of the Quinault Indian Nation and the ceded areas of the Nation, an economically depressed Native American Tribe and region.

 

 

OUR PRINCIPLES AND VALUES:
  • We are a leader in Native financial independence.

  • We assist in restoring the financial trust of the Native community.

  • We balance who we are with capitalism.

  • We don’t lose our values as we move forward into the future.

  • We “model” a successful reservation-based program.  We are an example for others.

  • We are competent.

  • We help to turn ideas into reality.

  • We’re a resource to assist our customers.

  • We are known for basing decisions on reality.

  • We provide tools and resources for success.

  • Their (borrower’s) success is our success.

  • We offer hope and tools for the youth – the next generation.

  • We embrace inclusiveness.

  • We are trusted partners.

  • We have a willingness to absorb, manage risk.

  • We help to pave the pathway out of poverty.

Taala Fund is a certified non-profit Native Community Development Financial Institution (Native CDFI) located in Taholah, Washington on the Quinault Indian Reservation (QIN). 

In the Quinault language, “taala” means “money.” In a much larger, community sense, it also means “wealth and prosperity.” 

CDFI's are financial institutions that focus on personal lending and business development efforts in local communities. CDFI status is important because we can receive federal funding through the U.S. Department of the Treasury.

 

QIN created Taala Fund as part of its Economic Strategy which placed the creation of a Native CDFI as a high priority in order to create jobs and businesses in QIN communities.   Taala Fund was incorporated under the State of Washington in August 2009, received 501(c)(3) tax exempt status on June 30, 2010, and was certified as a Native CDFI on May 24, 2012.

To implement our mission, Taala Fund offers microenterprise, small business, and credit builder loans to people on the Quinault Indian Reservation and to Quinault tribal members.  We also provide business development education, consumer finance training, loan application assistance, financial coaching, and an Individual Development Account (IDA) program called the Whalši Ialaš (Save for Tomorrow) Savings Program where savings can be matched.  

We are members of the Native CDFI Network (www.nativecdfi.net), a national membership organization with a mission to be a national voice and advocate that strengthens and promotes Native CDFIs, creating access to capital and resources for Native peoples.

Taala Fund and other Native CDFI’s are bringing about long-term systemic change in our Native communities.  Over time Tribal citizens will appreciate their purchase power with a good credit score and access to capital. Businesses will provide important goods and services to our local communities while supporting their families and strengthening the local economy.  And our children will be raised in a culture of asset-building rather than one of poverty and public assistance.  Meet our staff and board.

OUR MISSION:

To promote private business development and build assets on the Quinault Indian Reservation and among Quinault tribal members, improving the quality of life for its people and communities. 
Photo: Larry Workman