About Sealaska (Sealaska @50)
Thursday, November 4, 2021

Sealaska @50

This year marks the 50th anniversary of ANCSA, which was signed into law on December 18, 1971. ANCSA is the largest land settlement between aboriginal people and the federal government. But it was only a culminating effort.  

Quick Timeline of Alaska Land Claims  
1867 | U.S. buys Alaska from Russia 
1906 | Alaska Native Allotment Act 
1912 | Alaska Native Brotherhood (ANB) is formed for the purposes of land claims 
1959 | Tlingit & Haida land settlement – $7.5 million 
1959 | Alaska Statehood Act 
1966 | Alaska Federation of Natives is formed 
Late 1960s | Oil discovered in Prudhoe Bay 
1971 | December 18 – ANCSA signed into law 
1972 | June 16 – Articles of incorporation for Sealaska signed 

Sealaska @ 50 | Economic Impacts

  1. Business focused on land, food and water, aligned with Native values – sustainable, responsible, close to home
  2. 2020 Operating EBITDA $78 million
  3. 2020 net income $56 million (2019 net income $78 million)
  4. 2020 $28.5 million in shareholder benefits. Key highlights: 
    -$2.8 million art and cultural 
    -$1.8 million COVID relief  
    -$1.2 million scholarships  
    -$18.3 million dividends 

Sealaska @ 50 | Key Investments 

Education

  • Scholarship endowment (now at $20 million)
  • More vo-tech, part-time and job training scholarship opportunities
  • Full- and part-time students 

Language Revitalization

  • $10 million endowment fund for language preservation programs
  • Supplements other programs at Sealaska Heritage Institute and tribes by focusing on assisting advanced language learners

Youth Programs

  • Supporting increased educational attainment of youth
  • Training opportunities – STEM, Alaskan Youth Stewards, partnerships, internships 

Workforce Development

  • Collaborations with tribes, other landowners

Dividends 

 

Latest News


2025 Election Results

Posted 6/21/2025

We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.


2025 Annual Meeting Agenda

Posted 6/21/2025

Click to see the 2025 Annual Meeting agenda


2025 Early Bird Prize Winners

Posted 6/10/2025

Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.


Sealaska Seeking Applicants for President

Posted 6/3/2025

We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.


Shareholder Proxy Update

Posted 5/12/2025

Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal