About Indian Land Capital Company

Meeting the financial needs of Native nations

About ILCC

The Indian Land Capital Company is a Native-owned, Certified Native Community Development Financial Institution (CDFI) providing alternative loan options to Native Nations for tribal land acquisition projects. ILCC is owned by two nonprofits – the Indian Land Tenure Foundation (ILTF) and the Native American Community Development Corporation (NACDC). As a Native-owned and operated business, ILCC understands the unique needs of Native Nations and creates customized, flexible loan packages that suit the specific needs of the tribe and the unique circumstances of the purchase. Working with its affiliate – the nonprofit Indian Land Tenure Foundation – ILCC also provides technical assistance to tribes as they develop and execute land acquisition strategies.


  • To help Native nations recover, manage and gain jurisdiction over 90 million acres of alienated tribal land.
  • To assist Native nations in consolidating undivided interests in land with fractionated ownership.
  • To eliminate “checkerboarding” (mixed patterns of land ownership and jurisdictions) on Indian reservations
  • To strengthen tribal communities and sovereignty


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 in 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 ILCC design financing that can meet the specific needs of Indian nations.


Rjay Brunkow, CEO

Rjay Brunkow, an enrolled member of the Turtle Mountain Band of Chippewa Indians, joined ILCC in September of 2015 and brings a wealth of experience in Indian country. Mr. Brunkow has previously served as an Investment Banker for Wells Fargo with a focus on government infrastructure in Indian Country. He has served as Solicitor General for the Mille Lacs Band of Ojibwe, and Chief Legal Counsel for the Turtle Mountain Band of Chippewa Indians. He also has an extensive background in gaming and non‐gaming economic development projects within Indian Country. Mr. Brunkow earned his Bachelor of Science degree (with Honor) in Business Economics from South Dakota State University and his Juris Doctorate (Cum Laude) from the University of Minnesota Law School.


Board of Directors

Photo courtesy of Indian Country Today

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. She became a nationally recognized figure when she sued the U.S. 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. On Nov. 16, 2016, President Barack Obama posthumously awarded Ms. Cobell with the country’s highest civilian honor, the Presidential Medal of Freedom.


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 Senior 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 – Confederated Tribes of the Umatilla Indian Reservation

Dave Tovey (Umatilla) is the former 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 dramatic 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. Marcus is also a member of the NACDC board of directors.


Chandra Hampson, Board Member – Consultant

Chandra Hampson (Winnebago/Chippewa) is 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 board of directors of Indian Country Conservancy.


Angie Main, Board Member – Executive Director for NACDC Financial Services, Inc.

Angie Main’s professional background includes more than 20 years of experience in administration, contracts, grants management, business and financial literacy education, training and technical assistance for small business, and economic/community development in tribal communities. She is Executive Director of NACDC Financial Services, Inc., a Native Community Development Financial Institution (CDFI) located in Browning, Mont., that provides capital access services to seven Montana reservation communities. As a former consultant, her experience includes leveraging resources for housing, community and organizational development; business; nonprofit; strategic and business planning; resource development; and SBA 8(a) certification for nonprofits, individuals and Tribal organizations. Angie’s past employment includes Project Coordinator, Rural Development & Finance Corporation’s Native American Development & Finance Initiative, San Antonio, Texas; Executive Director, Montana Tribal Business Information Network, Missoula, Mont.; and Vice President, Fort Belknap College, Fort Belknap, Mont. Angie is an enrolled member of the Montana Fort Belknap Gros Ventre Tribe, Fort Belknap Indian Community.