Sealaska Announces Spring 2025 Distribution of $17.7 Million
Friday, April 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 an additional $11.5 million in Alaska Native Claims Settlement Act Section 7(j) natural resource revenue sharing funds for shareholders with class B or C shares.

In line with Sealaska’s mission to strengthen our people, culture, and homelands, this spring distribution joins other continued investments in our communities and region, including $27 million invested in shareholder benefits and programs throughout 2024. Mission and governance spending raises that total to $34 million. These numbers represent additional funding for our cultures and communities, beyond the twice-yearly distributions.
Over the past 10 years, Sealaska has invested more than $83 million in social and cultural endeavors, including support for Sealaska Heritage Institute, the Southeast Sustainable Partnership, education and youth programs, career development initiatives, and other programs. In addition, during that time, Sealaska’s Scholarship, Deishu Memorial and Elders Funds distributed another $17 million to shareholders, and the company funded the $7 million tax obligation associated with paying shareholder dividends through the Settlement Trust.
Important dates and times:
Friday, April 11: 4 p.m. AKT
Record Date: This is the last day for descendant enrollment, giftings or estate transfers to be included in this distribution.
Monday, April 14: 4 p.m. AKT (in-office) and 11:59 p.m. AKT (online)
Deadline for shareholder banking and address changes. If you have recently moved, update your mailing address on MySealaska.com to ensure timely communication and distribution payments. Check for your name or family members on the bad address list to avoid withheld distributions, as Sealaska withholds distributions for shareholders without an accurate address on file to prevent fraud and ensure payments reach the correct person. Please remind family and friends to keep their information up to date.
Thursday, April 17 – Distribution Day
Please note that while checks are mailed on April 17, they may take up to two weeks to arrive. Direct deposits may take up to two days before they are available in your bank account.
The fastest, easiest and most secure way to receive your distribution payment is to sign up for direct deposit: https://mysealaska.com/Services/DirectDeposit.
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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.
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.
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.
After 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.
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
Early birds, it’s your time to fly! Congratulations to our 2024 winners.
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