Calista Corporation Declares 10th Elders’ Benefit Distribution
$325 Provided to Each Original Shareholder Aged 65 Years and Over
(Anchorage, Alaska) – The Calista (cha-LIS-tuh) Corporation Board of Directors recently approved the 10th consecutive Elders’ Benefit Program distribution, totaling over $700,000. Original Calista Shareholders 65 years of age and over by November 13, 2017 will each receive $325. Direct deposits and checks are expected to be distributed by the close of business Monday, December 18.
The total of all Elders’ Benefit distributions since inception is $5.7 million. Separately, Shareholder dividends total $49.5 million, with 60 percent of that total provided in the last three years. There have been 26 dividend and Elders’ distributions in total.
“Over 2,200 of our original Shareholders are Elders. This program is supported by our Shareholders and the distribution will provide...
(Anchorage, Alaska) - Calista Corporation's biggest contest made three Shareholders very happy. Sammy Andreanoff won a 2017 Arctic Cat Alterra 700XT all-terrain vehicle, Sandra Nicori won 50,000 Alaska Airlines miles, and Emma Tamang won a $1,000 gift card.
Calista will cover the cost of shipping the ATV to Sammy's home. Sammy is originally from Sleetmute.
"Stock wills are crucial for Alaska Native Corporation Shareholders. The stock will directs the Shareholder's Alaska Native Corporation how to distribute stock after he or she passes," said Shareholder Services Manager Rose Kairaiuak. "If a Shareholder passes without a valid stock will on file, Alaska State Statutes will decide how stock is distributed among family members."
About 500 Calista Stock Will forms were submitted during the 46-day contest period. For...