Bristol Bay Native - PowerPoint PPT Presentation

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Bristol Bay Native

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Bristol Bay Native – PowerPoint PPT presentation

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Title: Bristol Bay Native


1
The learning curve during the first decade was
phenomenal learn about the Act, learn about
business (competition, financial statements,
management), learn about corporations, choose a
CEO, select land, pick investments, and
communicate all this to the shareholders. Harvey
Samuelson BBNC Director and Former President
Bristol Bay Native Corporation
2
  • 150 miles southeast of Anchorage, Alaska
  • Total land 34 million acres or 40,000 square
    miles
  • ANCSA subsurface conveyance 2.7 million acres
  • ANCSA surface and subsurface conveyance 101,500
    acres

3
Bristol Bay
4
  • Wood-Tikchik State Park (largest state park
    system in United States)
  • Togiak National Wildlife Refuge
  • Katmai National Park and Preserve
  • Becharof National Wildlife Refuge

5
  • Black sand beaches
  • Mountain ranges
  • Lowland tundra
  • Wetlands
  • Volcanoes
  • Abundant flora and fauna
  • Wild and scenic rivers

6
  • 29 villages
  • Eskimo, Aleut, and Athabascan people
  • Each have own distinct Native language and
    dialect
  • Local arts and crafts

7
  • World-renowned salmon runs
  • King, sockeye, silver, chum, pink
  • Plus rainbow trout, arctic char, grayling,
    northern pike, lake trout, and Dolly Varden
  • Beluga whales and orcas follow salmon runs

8
  • Caribou
  • Moose
  • Bear
  • Walrus
  • Beaver
  • Porcupine
  • Otter
  • Fox

9
  • Wildlife viewing
  • Boating and rafting
  • Fishing
  • Hunting
  • Traditional subsistence activities
  • Air tours
  • Hiking
  • Cannery and museum tours
  • Historic sites

10
  • Subsistence
  • Commercial Fishing
  • Government
  • Tourism
  • Construction

11
  • ANCSA capital received
  • 32 million
  • 3 million acres
  • Major investments
  • Peter Pan Seafoods 13 million gain
  • Hilton Hotel 46 million gain

12
  • Revenue 1 billion
  • Investment portfolio gt100 million today
  • Dividends have increased steadily from 1 to
    8.60 annuallytotaling over 75 million since
    1971

13
  • Formed educational foundation with endowment in
    order to grant scholarships
  • Given over 1.4 m
  • Established shareholder management training
    program, Training Without Walls

14
Bristol Bay Native Corporation
The outlook is fabulous. You can be anything you
want to be. Roger Lang Alaska Federation of
Natives President
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