Largest $pending Frenzy Ever Held Is at Omak High School

In April 2015, the Office of the Special Trustee for American Indians (OST) in partnership with the Colville Tribes Enrollment Program and Omak High School in Omak, Washington, offered the largest $pending Frenzy financial simulation to date. Over the course of two days and six events, the entire student body of 517 students at Omak High School, situated adjacent to the Colville Reservation, participated in the financial reality fair.

The original concept for the $pending Frenzy reality fair was created by First Nations Development Institute and the Eastern Band of Cherokee Indians to offer youth with large impending minor’s trust payments an opportunity to practice handling a substantial lump sum of money and spending it wisely. In the simulation, high school students are given $40,000 in fake money and are asked to make spending decisions to purchase a car, a house, groceries and other items. Students can practice visiting a bank to cash their check and deposit a share of their money into savings, and are also given the opportunity to learn about investing a portion of their money. The $pending Frenzy at Omak High School even featured a legal booth run with assistance from Colville Tribes Attorney Jamie Edmonds.

Since the first pilot of the $pending Frenzy with Eastern Band of Cherokee Indians youth in 2010, the financial simulation has been offered about two dozen times in 10 different states and 13 unique communities across the country. In total, more than 1,200 Native youth have participated in the event and learned to better manage their money. The program has caught fire in 2015, with seven $pending Frenzy events already in the books, including three in the month of April.

First Nations is grateful for the support of Raylene Swan and Margie Hutchinson of the Office of the Special Trustee for American Indians in helping the $pending Frenzy reach a growing number of tribal communities and Native youth across the nation. To meet the increasing demand to offer the financial reality fair, First Nations is in the process of developing a $pending Frenzy workshop kit. The full workshop kit will be available for sale and will contain everything a facilitator needs to organize and run a $pending Frenzy event – including instructions, booth materials, play money, budgeting cards, and $pending Frenzy merchandise. Stay tuned for news on the release of the $pending Frenzy kit!

By Benjamin Marks, First Nations Senior Research Officer

Nearly 200 Kids Participate in Colville $pending Frenzy

Financial education classes and workshops are mandatory for tribal youth residing on the Colville Indian Reservation in north-central Washington. In early January 2015, 193 students at Lake Roosevelt High School participated in a $pending Frenzy workshop.

In 2012, First Nations partnered with the Office of the Special Trustee for American Indians (OST) to offer the $pending Frenzy with Colville youth. The $pending Frenzy is an interactive financial education workshop that allows tribal youth to practice budgeting and spending a large lump sum of money. Developed by consultant Shawn Spruce and First Nations Development Institute, the workshop’s popularity has skyrocketed over the past three years and more than a dozen tribes have adapted the $pending Frenzy model for their tribal youth.

At Lake Roosevelt High School, students received $40,000 in play money to pay for real-world-like expenses such as rent, utilities, car payments and insurance. Additionally, students learned to budget money for educational expenses such as tuition and books.

Students also learned how to manage their Individual Indian Money (IIM) accounts, which they can access when they turn 18. They learned about current IIM interest rates versus commercial banking interest rates, what their account options are, and how to best manage their monies.

Tribal leaders and educators on the Colville Indian Reservation have experimented with a number of different financial literacy models for tribal youth. According to Fiduciary Trust Officer Margie Hutchinson, “The $pending Frenzy has been the most effective model so far. Students and teachers love it. In fact, we are planning more workshops in April and May for our other high school students.”

More and more tribes like the Confederated Tribes of the Colville Indian Reservation are making financial education classes and workshops mandatory for tribal youth. For more information about hosting a $pending Frenzy workshop in your community, please contact First Nations Program Consultant Shawn Spruce at

By Sarah Hernandez, First Nations Program Coordinator