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
- Business focused on land, food and water, aligned with Native values – sustainable, responsible, close to home
- 2020 Operating EBITDA $78 million
- 2020 net income $56 million (2019 net income $78 million)
- 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 Early Bird Prize Winners
Posted 6/10/2025Congratulations 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.
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Sealaska Seeking Applicants for President
Posted 6/3/2025We 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 5/12/2025Shareholders, 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
Early Bird Deadline Extended
Posted 5/12/2025After considering the recently announced U.S. Postal Service delays to First-Class Mail in conjunction with a paper proxy error leading shareholders who wish to vote by mail to potentially wait for their regularly scheduled second proxy mailing, we have made the decision to extend the early bird deadline to June 6. We are listening to shareholders and want to give everyone the best chance to qualify as an early bird. Thank you for understanding and thank you for voting.
Sealaska Announces Beginning of Election Season
Posted 5/2/2025