Our Team

Years of Combined Experience
Financing in Indian Country

The Indian Land Capital Company staff and board of directors bring years of combined experience working in financing in Indian Country to the operation and management of ILCC. The leadership has experience working in the fields of banking and finance, business and housing development, as well as working with Indian lands. Our collective understanding of tribes, community development finance, and tribal land issues helps us design financing that can meet the specific needs of Indian nations.

Gerald Sherman, President

Gerald Sherman (Oglala Lakota), has more than 20 years experience working in banking and finance in Indian Country. He was the founding director of the Lakota Fund (now Lakota Funds), the first Native CDFI in the U.S., located on and serving the Pine Ridge Indian Reservation. Sherman worked in banking for Norwest Bank (now Wells Fargo), the Federal Reserve Bank of Minneapolis and First Interstate BancSystem of Montana. His banking career focused on community development and financing on Indian reservations. Sherman also worked for the Four Times Foundation, investing in Indian entrepreneurs on select Indian reservations.

Sherman is a member of the International Advisory Council of the Native Nations Institute at the University of Arizona, which is affiliated with the Harvard Project on American Indian Economic Development. He is also a board member of Indian Dispute Resolution Services of Sacramento, California, and Chairman of the board of the Indian Nonprofit Alliance in Montana. Sherman and his wife, Jael Kampfe, own and operate a cattle operation and guest ranch on a 12,000 acre Montana ranch.

Board of Directors

Remembering Elouise Cobell (1946 – 2011)

Elouise Cobell (Blackfeet) was vice president of the ILCC board of directors from its inception in 2005 until her passing in October 2011. Cobell was executive director of the Native American Community Development Corporation, chairperson of the Native American Bank, NA and board member of the Board of Investments of the State of Montana. Cobell, who was a highly respected and active leader in Indian Country, served on many other boards and in leadership positions throughout her lifetime. Cobell became a nationally-recognized figure when she sued the Department of the Interior for the mismanagement of trust funds on behalf of approximately 500,000 Individual Indian Money (IIM) account holders. Throughout her career in banking and finance, and later, as lead plaintiff in the Cobell v. Salazar class action lawsuit, Cobell remained committed to helping Indian people understand and manage their own assets and finances so that they could improve their own economic conditions.

Cris Stainbrook, Board Chair

President, Indian Land Tenure Foundation

Cris Stainbrook (Oglala Lakota) has been the chair of ILCC’s board of directors since its inception in 2005. Stainbrook has worked in philanthropy for more than 25 years and has been president of Indian Land Tenure Foundation, a national organization that assists Indian nations and people with land acquisition and management, since 2002. Prior to his career in philanthropy, which included serving as program officer at Northwest Area Foundation for 13 years, Stainbrook worked with a number of Pacific Northwest tribes and Alaska Native villages to develop businesses and manage their natural resources. He also directly participated in the creation and development of several tribal businesses including a multi-million dollar retail gas and oil company.

David Tovey, Secretary/Treasurer

Executive Director, Confederated Tribes of the Umatilla Indian Reservation

Dave Tovey (Umatilla) recently returned to his former role as executive director for the Confederated Tribes of the Umatilla Indian Reservation in northeast Oregon. He has also served in top executive roles with the Siletz Tribal Business Corporation, Cayuse Technologies, the Coquille Indian Tribe, and the Affiliated Tribes of Northwest Indians Economic Development Corporation. He spent the majority of his early career with the Umatilla Tribes as economic development director and executive director during their period of growth throughout the 1990’s.

Jay Marcus, Board Member

Director of New York City Programs, NCB Capital Impact

Jay Marcus works with nonprofit and government agencies to increase the production of affordable and mixed income cooperative and condominium housing and to preserve expiring tax credit projects. Previously, he served as deputy executive director of San Jose Redevelopment Agency, the largest redevelopment agency in California, where he oversaw the Strong Neighborhoods Initiatives and Neighborhood Business District programs as well as the redevelopment of a prime-shopping district and the addition of several residential neighborhoods into the redevelopment area. Marcus also served as the director of Housing Initiatives for the Enterprise Community Partners, a national nonprofit financial and technical assistance intermediary, where he initiated and supervised Enterprise efforts in Los Angeles, Charleston S.C., and on tribal lands.

Chandra Hampson, Board Member

Independent Contractor

Chandra Hampson (Winnebago/Chippewa) is currently an independent contractor working to improve access to capital and support private sector development in Indian Country. Most recently Chandra was senior vice president and director of the Indian Country Initiative for Craft3 (formerly ShoreBank Enterprise Cascadia), a nonprofit Community Development Financial Institution serving Oregon and Washington. Hampson has held multiple finance-related positions with Wells Fargo, including relationship manager for Native American Banking Services and examiner with Wells Fargo’s Risk Asset Review Team. Additionally, Hampson worked for six years in nonprofit management, including urban American Indian community development and continuing education. A board member of First Nations Development Institute and its subsidiary First Nations Oweesta Corporation (FNOC), Hampson currently chairs the FNOC Loan Committee. Chandra also sits on the boards of directors of Indian Land Capital Company and Indian Country Conservancy.  Prior to receiving her MBA Chandra was a nonprofit manager with community development, continuing education and small family foundation organizations.

Advisory Council Members

Jackie Old Coyote 

Jackie Old Coyote (Crow) serves as the director of education and outreach for the Harvard Project on American Indian Economic Development (HPAIED). She is an enrolled citizen of the Apsaalooke (Crow) Nation, a Whistle Water clan member and child, and is also of Ho-Chunk descent. She lives on the Crow Reservation in Montana.

Jamie Fullmer

Jamie Fullmer (Yavapai-Apache) served as chairman of the Yavapai-Apache Nation for five years. He is the founder and CEO of Blue Stone Strategy Group, a consulting firm that works with tribal leaders and enterprises.

Monica Simeon

Monica Simeon (Spokane Tribe) is founder and owner of Sister Sky, a business on the Spokane Indian Reservation that manufactures natural personal care products. She lives on the Spokane Indian Reservation in Washington.

Sherry Salway-Black

Sherry Salway-Black (Oglala Lakota) is director of the Partnership for Tribal Governance at National Congress of American Indians. She is also a former V.P. and Board Member of First Nations Development Institute. 

Professor Joseph Giovannetti, Ph.D.

Dr. Giovannetti (Smith River Tolowa) (Pending) is a professor at Humboldt State University in Arcata, California and is also on the Tribal Council for the Smith River Tolowa on the Smith River Rancheria in Northern California.

Tracey Fischer

Tracey Fischer (Cheyenne River Sioux) is an attorney at Fredericks, Peebles & Morgan, LLP and is former Executive Director of First Nations Oweesta Corporation. She lives in Rapid City, South Dakota.

David Glass

David Glass (Ojibwe) is the program manager for the Turtle Island Procurement Technical Assistance Center, president and CEO of the American Indian Economic Development Fund, and owner of Black Bear Crossings on The Lake, a restaurant in Saint Paul, Minnesota.

Gerald Sherman, CEO

“I firmly believe that acquiring and consolidating our historical home-lands is essential to strengthening tribal sovereignty and economies. Managing our lands properly and effectively, the way our ancestors did, is essential to passing onto our children a strong sense of place and culture, as well as teaching them to value our mother, the Earth.”
— Gerald Sherman, CEO

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