About ANCSA (Why Did ANCSA Happen)
Thursday, November 4, 2021
Why Did ANCSA Happen?
- The discovery of oil on Alaska’s North Slope, along with other natural resources the government sought to develop, led to an urgency on the part of state and federal lawmakers to secure land ownership. But aboriginal land claims had to be resolved first.
- Pressure for access to resources resulted in quick legislative solution. The negotiations around ANCSA started in 1968 and legislation was signed into law in December of 1971.
Why the Regional Corporation Model?
- Based on some negative results from the reservation policies, Congress and Alaska Natives sought a different model.
- Unlike some arrangements with Lower 48 tribes in the past, Alaska Native Corporations owned the land and everything on it outright. Lands were not held in trust by the federal government, a patriarchal approach applied to some tribal lands in the Lower 48.
- The goal was for more economic purpose and self-sufficiency – “to meet the economic and social needs of Alaska Natives.”
- Corporations governed by and for Alaska Natives was thought to be a better alternative.
Latest News
Sealaska Announces Spring 2025 Distribution of $17.7 Million
Posted 4/11/2025
Sealaska is announcing a Spring 2025 distribution totaling $17.7 million to be issued to shareholders on Thursday, April 17. Sealaska’s board of directors approved the distribution at a meeting held this Friday, April 11. The upcoming distribution includes dividends totaling $2.9 million from Sealaska’s operations, $3.3 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and…
Source
Sealaska Spring 2025 Distribution Date Announced
Posted 3/20/2025
The Sealaska Board of Directors will meet on Friday, April 11, 2025, to approve the amount for Sealaska’s upcoming distribution. Please review the following key dates and complete necessary actions to ensure a seamless distribution. DISTRIBUTION AMOUNT DETERMINED — Friday, April 11, 2025 On April 11, the Board of Directors will meet to determine the distribution amount.
Source
Sealaska secures historic conveyance of Redoubt Bay Village
Posted 3/10/2025
BLM finalizes transfer of culturally significant Ḵunáa site after nearly 50 years Sealaska Corporation announced the successful conveyance of the Redoubt Bay Village (Ḵunáa) historical site from the Bureau of Land Management (BLM), marking the culmination of a nearly 50-year effort to secure this culturally significant land under Alaska Native stewardship. The 10.54-acre site…
Source
Sealaska Board of Directors Holds First 2025 Meeting in Ketchikan
Posted 2/7/2025
KETCHIKAN, Alaska—The Sealaska Board of Directors is holding its first meeting of 2025 in Ketchikan this week, reinforcing its commitment to deepening connections with communities and partner organizations as we work together to create balance for people and the planet. Strong partnerships with local organizations across our shareholders’ communities remain central to Sealaska’s mission.
Source
Notice of 2025 Annual Meeting of Shareholders
Posted 2/6/2025
The 2025 Sealaska Annual Meeting of Shareholders will be held Saturday, June 21 at Kake Community Building, located at 264 Keku Road, Kake, Alaska 99830. Sealaska will share a live webcast of the annual meeting through the MySealaska.com shareholder portal for those unable to attend in person. Here is some key information, including important deadlines, for shareholders: Complete or…
Source
