The Sealaska Board of
Directors unanimously approved naming the Sealaska Permanent Fund after long
serving director Marge Young at its July meeting. The fund will now be formally
known as the Marjorie V. Young Shareholder Permanent Fund.
Marge was first elected to the Sealaska board in 1979 and served until
2009. She was board chair from 1996 to 2000. She is a member of the Haida
Nation, Eagle Tribe and Frog Clan. Marge was a staunch advocate for growth and
protection of the Permanent Fund as a source of sustainable dividends for
tribal member shareholders, according to Sealaska Board Chair Albert Kookesh.
“Marge served Sealaska tribal member shareholders for so long and her
contribution will have positive and lasting effects for generations to come,”
said Kookesh. “This is one way we
can pay tribute to her contributions to Sealaska and the communities of
Southeast Alaska.”
Sealaska's Permanent Fund continues to be a source of strength for Sealaska
Corporation, providing shareholders with reliable dividends since 1987.