The Idaho Millennium Fund was established as an endowment fund to receive, invest, and disburse funds
that the State of Idaho is receiving as a result of the master settlement agreement reached with tobacco
companies. The master settlement agreement was a class-action lawsuit in which states sued the tobacco
companies for marketing to minors via cartoons, sports teams, celebrities, etc. The states prevailed
and each year they receive money from this ruling. The money is used to help prevent underage tobacco
use and to help educate about the dangers associated with tobacco use.