The first Land Into Trust application from Alaska was approved by the U.S. Department of Interior, Bureau of Indian Affairs and is in southeast Alaska. The Craig Tribal Association (CTA) submitted the application in October 2016.
“On behalf of the board, Sealaska congratulates CTA and its leadership for the hard work and efforts with its land-into-trust application,” said ...read more
We knew we were going to face a significant decline in ANCSA Section 7(i) income from other regions, as this income source depends on the price of oil and other commodities that have fallen in price significantly.
Our operational or business income has been highlighted for the last few years as our key management focus. Our short term financial goal to be profitable before 7(i) and investment income was targeted so we could overcome the volatility or ups and downs we face with both 7(i...read more
In 2016, Sealaska updated its Code of Ethics, which is a key component of Sealaska’s compliance program. It provides Sealaska with a common set of guidelines to help reinforce and uphold our values, and: • Outlines ethical standards that help guide our decision-making • References company policies that support our ethical decisions • Provides a list of resources for...read more
For the past two years, Sealaska has provided administrative leave for staff to cook and serve meals at the Glory Hole shelter and soup kitchen in Juneau, AK. Once a month, staff will purchase ingredients, prepare dinner and serve an average of 60 guests. In addition, Sealaska donated $1,500 in 2016 to an “Empty Bowls” fundraiser benefiting the Glory Hole. Sealaska was proud to donate $25,000 to the...read more
Sealaska encourages shareholders to complete a Stock Will (Testamentary Disposition). Only about a quarter of shareholders have completed paperwork that will direct Sealaska. In its absence, Sealaska must rely on the State of Alaska to determine how best to distribute a shareholder’s stock estate. Download and the print a Stock Will form.
At its October 2016 meeting, directors updated and approved requirements that were seen as limiting and potentially disqualifying a number of qualified applicants. The board eliminated the reference to the ANCSA definition of ‘Alaska Native’, which requires ¼ Alaska Native blood quantum. The board compared the BYA requirements to those of the scholarship and internship programs, and opted to remove the requirement, in the best interest of shareholders and Sealaska. This now widens the pool...read more
Sealaska is proud to fund the scholarship program. We partner with Sealaska Heritage Institute (SHI) which administers the program. SHI is accepting scholarship applications for the 2017-2018 school year.
Sealaska’s commitment to education is a source of pride and makes a positive impact on communities. In 1988, Sealaska established a $2.5 million endowment to provide a stable source for scholarships. Scholarships are available for Sealaska shareholders and descendants. ...read more
Sealaska invites you to join us for our annual summer Internship Prograom for 2017. This 10-week program is designed to provide professional experience to qualified Sealaska shareholders and descendants in order to introduce participants to the operations of Sealaska and its subsidiaries. Our internship includes a competitive wage, housing and travel support. The program offers participants a great opportunity to be exposed to Sealaska and our business philosophy as well gain valuable work...read more