Category: shareholders

Sealaska shareholders’ 2021 dividend distribution will add to numerous other shareholder benefits and supports, including the $4.2 million in CARES Act funding Sealaska is distributing to eligible shareholders, in partnership with the Central Council of the Tlingit & Haida Indian Tribes of Alaska.  On Friday, Oct. 29, Sealaska’s Board of Directors approved the company’s 2021 fall distribution … Continued

Sealaska shareholders will receive their first distribution via the Sealaska Settlement Trust when the fall distribution is paid out on November 12.  The trust was created by a vote of shareholders in June, and will benefit shareholders by exempting distributions from the trust from federal tax. Many shareholders will not notice any difference between how … Continued

Sealaska’s fall 2021 distribution will be announced on Friday, Oct. 29. Distributions are just one of many benefits Sealaska provides to shareholders and descendants, including educational and professional development programs like scholarships and internships, semiannual distributions to shareholders, and donating to cultural programs. In 2020, Sealaska paid out more than $28.5 million in shareholder benefits.    Answers to frequently asked questions about the … Continued

Sealaska will begin accepting applications for its CARES Act distribution in partnership with the Central Council of the Tlingit and Haida Tribes of Alaska on Monday, Oct. 4. We have compiled the following answers to questions we’ve received so far. Do you have a question that isn’t addressed here? Email us at sealaskacares@ccthita-nsn.gov. We’ll update … Continued

Sealaska and Tlingit & Haida have received thousands of applications already today for the $500 benefit available through our joint CARES Act distribution program.  There was a period of time this morning when the online application was down. It has been fixed now, so if you tried unsuccessfully to apply earlier and received an “error” message, please try again.  … Continued

Sealaska is teaming up with the Central Council of the Tlingit & Haida Indian Tribes of Alaska to distribute its $4.2 million in Coronavirus Aid, Relief and Economic Security Act (CARES Act) funding from the federal government to eligible shareholders. The application will be live beginning Monday, Oct. 4, 2021. Tlingit & Haida has generously contributed an additional $1.8 million to make the total benefit available to Sealaska … Continued

Today, Sealaska joins with several other organizations committed to the long-term health and success of our region in announcing a new vision and funding model for community economic development in Southeast Alaska. Sealaska is proud to commit $10 million to the establishment of the Seacoast Trust. Our $10 million is being matched with $7 million … Continued

Many shareholders are asking about Sealaska’s CARES Act funding, and how the $4.2 million amount of its allocation was determined. The U.S. Department of the Treasury created the formula for how CARES Act money was allocated to tribes and Alaska Native corporations (ANCs). The most important thing is that Alaska Natives in Southeast Alaska are … Continued

Sealaska shareholders approved a resolution to establish a settlement trust for Sealaska by a margin greater than three to one during the election that concluded Saturday, June 26. The trust, which is similar to those established by dozens of other Alaska Native regional and village corporations, will free Sealaska shareholders from paying federal income tax … Continued

Sealaska shareholders are overwhelmingly favorable toward the company’s business platform focused on ocean health and environmental stewardship, according to the company’s 2021 shareholder survey.  The survey, conducted by an independent research firm in April and May, was completed by nearly 5,000 of Sealaska’s 23,000 Tlingit, Haida and Tsimshian shareholders in Southeast Alaska and beyond. More … Continued