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ANCSA Regional Corporations: Mature, and Growing!. Steve Colt Institute of Social and Economic Research University of Alaska Anchorage [email protected] Web site: http://local.uaa.alaska.edu/~afsgc/ Alaska Bar Association 18 October 2000. History. 1971 – ANCSA Passed

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Ancsa regional corporations mature and growing

ANCSA Regional Corporations:Mature, and Growing!

Steve Colt

Institute of Social and Economic Research

University of Alaska Anchorage

[email protected]

Web site:

http://local.uaa.alaska.edu/~afsgc/

Alaska Bar Association

18 October 2000


History
History

  • 1971 – ANCSA Passed

    • Regional corps promised $6,000 per shareholder in start-up capital

    • Plus land (!)

  • 1976 – Corporations began operations

  • 1980 – Cash distribution completed

    • Much of asset base in financial assets


History1
History

  • 1980-1986

    • Active investments, mostly within Alaska

    • Some major losses

  • 1986-1990

    • Reorganization, rethinking

    • Shareholder permanent funds

  • 1990s

    • New beginnings, new directions


History2
History

  • 1970s – Childhood

  • 1980s – Adolescence

  • 1990s – Young Adults

  • Childhood = 1976 – 1992

  • Adulthood = 1993 – 1998



Total revenues 000
Total Revenues ($000)

Avg growth: 76-92=13.8% , 92-98 = 17.9%







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