An Update for Ineligible Descendants
Wednesday, September 28, 2022
Sealaska cannot issue stock to descendants who were born before December 18, 1971 and are less than one-quarter Alaska Native unless the Alaska Native Claims Settlement Act (ANCSA) is amended to authorize a new class of shares and another shareholder vote.
We would need the support of other ANCSA regional corporations to make this happen. That is highly unlikely, as half of them have not authorized descendant stock at all.
For the foreseeable future, descendants born before December 18, 1971 whose blood quantum is less than one quarter will need to rely on the gifting program and inheritance of original shares.
Latest News
Sealaska Announces Fall 2024 Distribution of $11.1 million
Posted 11/8/2024
Sealaska is announcing a Fall 2024 distribution totaling $11.1 million to be issued to shareholders on Thursday, November 14. Sealaska’s board of directors approved the distribution at a meeting held in Juneau on Friday, November 8. The distribution includes $3 million from Sealaska’s operations, $3.3 million from the Marjorie V. Young (MVY) Permanent Fund and an additional $4.8…
Source
Sealaska’s Fall 2024 Distribution is Right Around the Corner
Posted 10/29/2024
The Sealaska Board of Directors will meet on Friday, November 8, 2024, 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, November 8, 2024 On November 8, the Board of Directors will meet to determine the distribution amount.
Source
Desiree Anax X’aséigu Yé Jackson explains #OneSealaska
Posted 10/28/2024
Gunalchéesh Anax X’aséigu Yé Desiree Jackson for offering us this insight into One Sealaska and the many avenues of our community-focused work! We are working hard to provide our shareholders with a comprehensive understanding of all we do, focusing always on strengthening our people, culture and homelands. Through Woocheen, we promote ocean health, renewable energy and a holistic vision of…
Source
Sealaska Announces Search for President
Posted 10/15/2024
Sealaska is seeking a dynamic and visionary president to strengthen and amplify the impact of our mission. Through Sealaska’s business success, we fulfill our mission by managing our land and providing shareholder benefits that include dividends, workforce development programs, scholarships, internships, advocacy, burial assistance and many other benefits through our non-profit organizations.
Source
Sealaska and The Unity Group Say, “GET OUT THE VOTE!”
Posted 9/30/2024
This year’s elections hold significant importance for us all, which is why we are encouraging all shareholders and tribal citizens to get out and vote – and bring a loved one, too! Voting is one of the most powerful ways to make your voice heard. Every vote counts, and your participation can help shape the future of our communities. Make sure you’re prepared for election day by having a…
Source
