home    profile   lands   shareholder   board   jobs
Header image
petroglyph
Shareholder Dividends

Global Statement of Purpose: The ANC exists so that Shareholders have a perpetual source of land use, shared financial and cultural wealth.

The Shareholders’ Permanent Fund represents substantively all of the Corporation’s financial assets, and is operationally the financial investment arm of the Company. The Fund gives ANC financial strength as well as providing diversification to ANC’s business activities.

The Fund is the key to obtaining ANC’s long term goal of paying dividends in perpetuity, even in years when operating revenues are not available to pay dividends. These goals require a long-term management view of both timber and financial assets. In order to continue an income stream sufficient to pay dividends in timber down cycle years, the Board looked to the example of the State of Alaska Permanent Fund, where a portion of all oil revenues received by the State is deposited for long term investment. The Board designed the Shareholders’ Permanent Fund so that dollars from our business development operations provide long-term economic benefit to the Shareholders.

Learn more about:

Shareholders are welcome to send us feedback »

    « home  :  contact »


Alutiiq Youth
»
Shareholder dividends ensure that all members of the Alutiiq family benefit from the success of Alutiiq business ventures.




Learn more about:

Cultural & Community Services »

Frequently Asked Questions »

Dividends »

Events »

Scholarships »

Lease Program »

Forms & Links »



Afognak Native Corporation

petroglyph

home

  profile  lands  shareholder  board  jobs  contact  resources

215 Mission Road  Kodiak, Alaska 99615  907.486.6014