Subsidiary Profile

Press Release

CHF spring scholarships: $178,000

IMMEDIATE RELEASE
March 12, 2014

Calista Heritage Foundation Provides $177,750 In Scholarships
$3.5 Million in Lifetime Scholarships

(Anchorage, Alaska) – The Calista Heritage Foundation (CHF) announces $177,750 in scholarships were distributed to 203 students for the spring semester. Life-to-date more than $3.5 million in scholarships have been awarded. All scholarship recipients are Calista Corporation Shareholders or Descendants.

For this spring semester six percent are in graduate programs, the average GPA is 3.19, and 41 of the 56 villages in the Calista region are represented. More than 80 percent are recipients of the fall 2013 scholarship distribution.

The top five fields of study this semester are business, nursing, biology/health, education and engineering. The top five schools students are attending are University of Alaska (UA) Anchorage, UA Fairbanks, AVTEC in Seward, Alaska Career College and Alaska Pacific University.

“It is exciting to see a technical field like engineering make the top five majors,” said Calista Heritage Foundation President Rea Bavilla. “As we begin preparing for the annual Golf Classic, the main fundraiser for the scholarship program, we would like to remind local and state businesses that nothing compounds interest like education.”

Registration is open for the 15th Annual CHF Golf Classic, which sells out each year. Sponsorships are also available. It will be held June 18, 2014, at the Moose Run “Hill Course” at Arctic Valley near Anchorage. For more information please visit CHF’s website at www.CalistaHeritage.org.

Founded in 2010 CHF is the nonprofit subsidiary for Calista Corporation. CHF’s mission is to “celebrate and promote Yuuyaraq, the traditional / cultural way of being in the Calista region which inspires and encourages people to achieve their dreams through education.” Their Facebook page is www.facebook.com/CalistaHeritageFoundation.

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If you would like more information or to schedule an interview with Calista Heritage Foundation, please contact CHF President Rea Bavilla at 907-279-5516.


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