Tag: sealaska

Seacoast Trust gets $2m boost from foundations

by Jacob Resneck, CoastAlaska | Dec 14, 2021 | Local News, Syndicated

Seacoast Trust, an initiative put together with $10 million from Sealaska Corporation and $7 million from The Nature Conservancy announced Monday it’s received an additional $2 million from two philanthropic organizations. The trust says it wants to establish a $100 million fund to aid community projects across the region. Read More

Seacoast Trust endowment created for Indigenous-led initiatives

by Jacob Resneck, CoastAlaska | Sep 17, 2021 | Local News, Syndicated

Salaska and The Nature Conservancy have set aside a combine $17 million in seed money. The Seacoast Trust will help fund projects already underway by the Sustainable Southeast Partnership, a decade-old effort to bring Indigenous-led conservation efforts in communities. Read More

CARES Act data reveals disparities in payouts to Native corporations

by Jacob Resneck, CoastAlaska | Sep 3, 2021 | Local News, Syndicated

Some village corporations got large payouts while Southeast's Sealaska, the corporation with the most shareholders, got the least of the 13 regional corporations. Read More

Sealaska shareholders reject election reforms, support trust

by Jacob Resneck, CoastAlaska | Jun 28, 2021 | Local News, Syndicated

Sealaska shareholders have overwhelmingly approved establishing a trust that the corporation says will act as a tax shelter. The election also saw the addition of Vicki Soboleff who ran as an independent. Read More

Some shareholders wary as Sealaska touts trust to funnel future payouts

by Jacob Resneck, CoastAlaska | May 22, 2021 | Local News, Syndicated

Sealaska says the proposal would help lower shareholders’ tax rates on their dividends. But some shareholders worry that the tax tool is vaguely defined and would leave too much power in the board’s hands. Read More

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