1099's are now available on MySealaska!

1099's are now available under the About Me tab on MySealaska!

1099's are now available on MySealaska!

1099's are now available under the About Me tab on MySealaska!

Your Questions – Answered! Spring 2022 Distribution
Tuesday, April 5, 2022

Sealaska’s spring 2022 distribution will be announced on Friday, April 8. Distributions are just one of many benefits Sealaska provides to shareholders and descendants, including educational and professional development programs like shareholder and workforce development opportunities; vocational training, scholarships and internships; and donations to community and cultural programs.

Answers to frequently asked questions about the distribution process and timeline are below. Don’t see the answer you’re looking for? Contact us at corpcomm@Sealaska.com and we’ll track down the information you need. 

Q: What is the spring distribution schedule?  

  • Friday, April 8 Distribution Announced | View pending distribution amount at MySealaska.com.   
  • Friday, April 8 Record Date | Last day to make changes to stock, gift stock, enroll, process estates or transfer shares.  
  • Monday, April 18| Last day to change shareholder banking or mailing information.  
  • Friday, April 22 | Date of distribution 

Q: How are Sealaska distributions calculated?  

All shareholders (Class A, B, C, D, E, L) receive payments from Sealaska business operations as well as the Marjorie V. Young Shareholder Permanent Fund (MVY). Beginning with the fall 2021 distribution, payments from operations and MVY were routed through the newly established Sealaska Settlement Trust.  

Urban and At-Large shareholders (Class B, C) receive an ANSCA Section 7(i) payment as well. 7(i) payments are not eligible to be routed through the Sealaska Settlement Trust and will come directly from Sealaska as they always have. For Class B and C shareholders, this means they will receive two separate payments — one from Sealaska operations and the MVY shareholder permanent fund made via the settlement trust, and one 7(i) payment from Sealaska. 

Q: Why do Urban and At-Large shareholders (Class B, C) get additional money?  

All shareholders, directly or indirectly, benefit from Section 7(j) of the Alaska Native Claims Settlement Act (ANCSA). ANCSA Section 7(i) requires that all ANCSA corporations share 70% of their revenues from natural resource development with one another. This provision was created because some regions have more lucrative natural resources than others. Section 7(j) requires that 50% of the shared resources Sealaska receives from other ANCs are distributed equally between the 10 Southeast village corporations in our region and our Urban (Class B) and At-Large (Class C) shareholders.  

Holders of Class B and C stock are not shareholders of village corporations, so they receive their 7(j) payments directly from Sealaska. It is up to the village corporations to decide how to use their ANCSA Section 7(j) payments, which can include dividends or other benefits. 

*Class “E” shareholders (Elders) and Class “L” shareholders (Leftouts) do not receive ANCSA Section 7(j) payments.  

Q: Why do Descendant and Leftout shareholders receive a smaller amount than other shareholders? 

The difference is that they do not receive ANCSA 7(i) payments. Both of these types of shareholder stock, along with Elder stock, were created after ANCSA and are not eligible for ANCSA 7(i) payments.  

Q: What is ANCSA Section 7 (i) and (j)? 

Under ANCSA the 12 regional corporations share a portion of natural resource revenues. This is known as the ANCSA Section 7(i) revenue sharing agreement. Payments from Section 7(i) are called Section 7(j) payments. 

Q: How are ANCSA Section 7 (i) and (j) Payments Made? 

  • Class A— Under ANCSA, Class A (Village) shareholders do not receive payment. The payment is directed the village corporations in the region, which decide how to use funds. 
  • Class B— Under ANCSA, Sealaska makes direct payment to shareholder. 
  • Class C— Under ANCSA, Sealaska makes direct payment to shareholder. 
  • Class D— Under 2007 shareholder vote, Class D shareholders do not receive payment. 
  • Class E— Under 2007 shareholder vote, Class E shareholders do not receive payment. 
  • Class L— Under 2007 shareholder vote, Class L shareholders do not receive payment. 

Q: How much is my check? 

Sealaska shareholders who have registered with MySealaska.com can view pending payments when a distribution is announced. The spring 2022 announcement will be made on Friday, April 8. 

Q: Will my distribution payment be lower because of the settlement trust? 

The Sealaska Settlement Trust will not change the amount of the distribution. Distribution amounts are determined under the same formula that has been in place for many years. The major benefit of the settlement trust comes from the fact that distributions made via the Sealaska Settlement Trust are not subject to federal income tax. (ANCSA Section 7(j) dividends are still subject to federal tax.) 

Q: When will shareholders receive a payment through the Settlement Trust? 

Shareholders started receiving payments through the settlement trust in the fall of 2021. The spring 2022 distribution is expected to reach shareholders with direct deposit on April 22; shareholders who receive paper checks will receive them in the mail a week to 10 days later.  

Payments from Sealaska operations and the Marjorie V. Young Shareholder Permanent Fund will pass through the settlement trust.  For example, if you receive $100 in payments from operations and MVY, you will receive $100 from the Sealaska Settlement Trust. 

If you have additional questions about the Sealaska Settlement Trust, a detailed Q&A is available here.

Q: Why is the ANCSA 7(j) payment low this time? 

Commodity pricing is affecting the income of Native corporations, so we are seeing a lower amount go into the natural resource revenue sharing pool. 

Q: I use the MySealaska app on my mobile device, but only see one pending distribution amount.
The MySealaska app is no longer supported, and is not available on Google Play and the Apple app store. The 2022 spring distribution is not displaying properly on the app because it was not designed to display distributions associated with Sealaska’s new settlement trust. If you are still using the app on your mobile device, please note that the phone app has been replaced by the mobile website. Please open a browser on your phone, go to MySealaska.com and log in.

Q: My check is a lot lower than usual. I thought the Sealaska Settlement Trust was supposed to save money. What happened? 

The Sealaska Settlement Trust will save shareholders money because distributions made as a result of earnings from Sealaska’s business operations and earnings on its investments will be routed through the trust and will no longer be subject to federal income tax.  

If you are a Class B or Class C shareholder, though, you will probably notice that your distribution this fall is lower than normal. This has nothing to do with the Sealaska Settlement Trust. Payments from ANCSA Section 7(j) are down considerably due to the impact the pandemic had on commodities prices like oil, natural gas and certain minerals. Section 7(j) payments come from the natural resources revenue earned by other Alaska Native corporations and shared collectively under ANCSA Section 7(i). With prices for resources produced by other ANCs on the decline, we can expect to see payments from ANCSA Section 7(j) decrease as well. 

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Southeast Native Leaders Share Vision & Priorities at Roundtable

Posted 10/8/2025
Posted 10/8/2025
October 8, 2025 — For the first time in decades, leaders from Southeast Alaska’s tribes, Native corporations and tribal organizations came together in Juneau, Alaska for a Native Roundtable. Held September 29-30, 2025, the two-day summit created a powerful platform for renewed collaboration, strategic dialogue and collective visioning around the most pressing issues facing the region’s communities.

End-of-year message from President and CEO Anthony Mallott

Posted 12/21/2023
Posted 12/21/2023
Dear Shareholders, Serving Sealaska has been one of my life’s great honors, and I am filled with gratitude for the years we have spent together, through my nine years of service as president and CEO and the eight years prior as your chief investment officer. In the weeks since my departure was announced, I have been humbled by your kindness and resolve to keep working together toward our…

Sealaska’s final board meeting for 2023 focuses on stability and growth

Posted 12/9/2023
Posted 12/9/2023
In a year marked by significant growth, Sealaska’s Board of Directors announced that it remains excited about 2023’s financial performance and looks forward to significant growth planned for 2024. The company’s ocean health business platform, Woocheen, LLC, continues to expand its scope of work around the planet, most recently through Seas Geosciences, LLC’s work on the first floating offshore…

Sealaska board provides fourth quarter, distribution update in virtual session

Posted 11/17/2023
Posted 11/17/2023
Sealaska’s quarterly Board Q&A sessions offer shareholders and directors a chance to connect in a casual online environment, empowering shareholders to ask questions directly to the board and providing directors a chance to hear shareholder voices on the issues that are important to them. On Nov. 7, Sealaska directors provided an update from the November board meeting, held on Nov. 2…

Sealaska interns witness, participate in community-driven work on Prince of Wales Island

Posted 7/10/2023
Posted 7/10/2023
by Evan Roberts, Shareholder Development Intern In the week leading up to Sealaska’s 2023 annual meeting of shareholders in Klawock, a group of seven interns traveled to Prince of Wales to learn about Sealaska’s community-driven work. 2023 celebrates the launch of Sealaska Abroad — Sealaska’s international internship program. The three students who will be working with Sealaska subsidiary New…

Sealaska welcomes a record-breaking 35 interns to Juneau with Sealaska Connect Week

Posted 7/6/2023
Posted 7/6/2023
In early June, Sealaska welcomed 35 students from across Alaska and the rest of the country to Juneau for the 2023 Sealaska Intern Connect Week — five days full of learning and bonding for Sealaska’s 2023 intern class. For the next few months, Sealaska’s interns will embark on different projects across the country — and globe — spanning diverse fields, from finance and investment to cultural…

Sealaska Settlement Trust FAQs

Posted 4/4/2022
Posted 4/4/2022
Sealaska shareholders approved a resolution to establish the Sealaska Settlement Trust by a margin greater than three to one during the 2021 shareholder election The trust frees Sealaska shareholders from paying federal income tax on their dividends. It will also reduce Sealaska’s tax obligation to the federal government in the future. Sealaska will work to ensure the trust is…

Fall Distribution to be First from Shareholder-Approved Sealaska Settlement Trust

Posted 10/28/2021
Posted 10/28/2021
Sealaska shareholders will receive their first distribution via the Sealaska Settlement Trust when the fall distribution is paid out on November 12. The trust was created by a vote of shareholders in June, and will benefit shareholders by exempting distributions from the trust from federal tax. Many shareholders will not notice any difference between how past distributions have occurred…

Your Questions, Answered: Fall 2021 Sealaska Distribution

Posted 10/26/2021
Posted 10/26/2021
Sealaska’s fall 2021 distribution will be announced on Friday, Oct. 29. Distributions are just one of many benefits Sealaska provides to shareholders and descendants, including educational and professional development programs like scholarships and internships, semiannual distributions to shareholders, and donating to cultural programs. In 2020, Sealaska paid out more than $28.5…

Q&A on Sealaska’s CARES Act Distribution in Partnership with Tlingit & Haida

Posted 10/5/2021
Posted 10/5/2021
Sealaska will begin accepting applications for its CARES Act distribution in partnership with the Central Council of the Tlingit and Haida Tribes of Alaska on Monday, Oct. 4. We have compiled the following answers to questions we’ve received so far. Do you have a question that isn’t addressed here? Email us at sealaskacares@ccthita-nsn.gov. We’ll update this Q&A throughout the application period.

Q&A with Sealaska’s New Board Youth Advisor Tiadola Silva

Posted 7/7/2021
Posted 7/7/2021
Every year, Sealaska directors select a shareholder descendant to serve a one-year term as the Board Youth Advisor (BYA). Tiadola Silva was selected as the 2021-2022 BYA. In this position, Silva will provide input and gain board membership training and knowledge of Sealaska’s operations. Silva is originally from Angoon and now lives in Juneau. Her parents are Jeremy Martin and Juanita Silva.

The World’s Oldest Living Haida is About to Celebrate a Milestone Birthday

Posted 1/14/2021
Posted 1/14/2021
On Feb. 2, Fred (Sḵwaal) Hamilton, Sr. of Craig will mark his 100th birthday. The day has been designated by the Craig City Council as Fred Hamilton, Sr. Day. Hamilton is the son of George (Siigaay) Hamilton, Sr. and Joy (Haana Iwaans) Edenso Hamilton. He is of the Raven moiety and his crests are Owl, Brown Bear and Flicker. Longevity is in his genes. Hamilton’s dad lived to be just shy of…

Celebrating Sealaska’s Women’s Week with our Female Board Members

Posted 11/22/2020
Posted 11/22/2020
Earlier this year, Sealaska marked an important milestone in its growth and development as a company – following the board election this spring, our board is now majority female, with seven of 13 members who are women. Balance and reciprocity are important values we hold as Tlingit, Haida and Tsimshian people, and they’re part of our company values at Sealaska, too.

Collaboration Between Sealaska and Alaska Longline Fishermen’s Association Fills Freezers for Subsistence-Based Sealaska Shareholders

Posted 9/28/2020
Posted 9/28/2020
(September 25, 2020) – Shareholders from around Southeast Alaska filled their smokehouses, pantries and freezers with the rich red of sockeye salmon this week, courtesy of a unique partnership between Sealaska and the Alaska Longline Fishermen’s Association (ALFA), in conjunction with tribal leadership in each community. The first of its kind, this salmon distribution netted a total of 51,000…

Sealaska Support Brings Joy, Growth and Connection Through Yakutat Surf Camp

Posted 9/15/2020
Posted 9/15/2020
Late this summer, a series of happy coincidences led 40 Yakutat kids out of the doldrums of the pandemic and into the icy waters of the North Pacific for a series of surf camps in Yakutat’s legendary waves. Their time in the water brought welcome joy, healthy connection to the ocean, and an opportunity to open minds and overcome fears. “I’ve been so used to everything being sad this year…

Sealaska Deploys $1.28 Million for COVID-19 Relief

Posted 7/23/2020
Posted 7/23/2020
Sealaska’s emergency allocation of $1.28 million to assist tribes and other organizations serving shareholders and descendants in Southeast Alaska and beyond is at work in communities, providing groceries and assistance with utilities and other expenses for Elders, feeding schoolchildren and vulnerable families, providing jobs and much more. The Sealaska board of directors approved the COVID…

Our Way of Life – PHOTO CONTEST

Posted 7/7/2020
Posted 7/7/2020
Sealaska wants to see what the Tlingit, Haida and Tsimshian way of life looks like through YOUR lens, and we invite you to participate in the “Our Way of Life” photo contest! This is an opportunity for Sealaska to not only engage with you directly, but also gain perspective on how our audience views our Native way of life. Creativity and freedom of interpretation is welcome and encouraged!

Sealaska Welcomes New Summer Interns

Posted 7/1/2020
Posted 7/1/2020
On June 15, 2020, Sealaska welcomed 18 summer interns to our first ever entirely remote internship program. This year’s interns, like so many people across the country, are working from home, exchanging office time for video chats to stay connected to their teams. In a year defined by a global pandemic, everyone has experienced its uncertainty and stress in different ways. For students…

Sealaska Invests in Future Alaska Native Scientists and Engineers Through ANSEP

Posted 3/9/2020
Posted 3/9/2020
Sealaska is increasing its involvement in the education of shareholders and descendants long before they are eligible for a college scholarship. One example is our sponsorship of the Alaska Native Science and Engineering Program (ANSEP) Middle School Academy. ANSEP, as the program is known, is based at the University of Alaska. Over the past 20-plus years, the program has evolved into a…

Sealaska Invests in Southeast Regenerative Tourism

Posted 3/3/2020
Posted 3/3/2020
Sealaska is partnering with the Sustainable Southeast Partnership (SSP) and Allen Marine to support a new position within SSP, a regional catalyst for regenerative tourism, which will focus on: Sealaska looks at the uniqueness of Southeast Alaska as an opportunity to educate and inspire. Sealaska supports Sealaska Heritage Institute’s newest endeavor to establish Heritage Square in…

New Shareholder Committee Eager to Get Involved

Posted 10/17/2019
Posted 10/17/2019
As part of Sealaska’s commitment to improving the way it communicates with shareholders, the company unveiled its new Shareholder Participation Committee in October. A diverse group of Sealaska shareholders met over the course of three days to help the committee identify goals to help support Sealaska and provide more effective channels to collect feedback from shareholders.

The First We Belong Here Gathering Successful

Posted 3/27/2019
Posted 3/27/2019
“We Belong Here” was a free youth leadership and basketball gathering for students grades 4-12. The three-day gathering was hosted by Juneau youth organizations, March 18-20, 2019. Our youth are capable of so much more than what we give them credit for. We Belong Here participants ended the three day gathering in a talking circle and speaking Haida. For thirty minutes…