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


Sealaska Supports the Rebuilding of Sheet’ká Clan House

Posted 4/29/2025
KETCHIKAN, Alaska, April 29, 2025 — Sealaska’s board of directors has approved funding for the reconstruction of the traditional clan house for the Kiks.ádi people of the X’aaká Hít (Point House), on their recently repatriated land in the Sitka Indian Village. This will be the first clan house to be rebuilt in Southeast Alaska in the 21st century. Where there were once 43 active clan houses… Source

Sealaska April Board Meeting Recap

Posted 4/21/2025
Gunalchéesh to those who were able to attend our April 9 Community Business and Shareholder Information Meeting in beloved Ḵaachx̱an.áak’w. Our booths were filled with the great smiles of over 74 shareholders and their families attending. During the event, shareholders had the opportunity to learn about Sealaska’s businesses, engage with Sealaska leadership — including the full board — and enjoy… Source

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