The purpose of this trust is to support the community of Chipeway Lake. The account generates money in interest and no more than half of the account balance is ever drawn in one fiscal year; therefore, the funds will continue to grow and benefit Bigstone Cree Nation members, never to deplete.
To allow access to funds through a simple majority vote means that: if more members vote “yes” than “no” on a proposed project, the project is approved.
To access these funds, Bigstone Cree Nation members and affiliates are welcome to submit proposals. Each calendar year, Bigstone Cree Nation members who reside in the community vote on submitted proposals.