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Bristol Bay Native Corporation “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

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“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 - PowerPoint PPT Presentation

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Page 1: Bristol Bay Native Corporation

Bristol Bay Native

Corporation

“The learning curveduring 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 SamuelsonBBNC Director and Former

President

Page 2: Bristol Bay Native Corporation

Bristol B

ay

•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

Page 3: Bristol Bay Native Corporation

• Conservation Lands

• State Lands

• Native Lands

• Federal Lands

Bristo

l Bay

Page 4: Bristol Bay Native Corporation

•Wood-Tikchik State Park (largest state park system in United States)

•Togiak National Wildlife Refuge

•Katmai National Park and Preserve

•Becharof National Wildlife Refuge

Page 5: Bristol Bay Native Corporation

•Black sand beaches

•Mountain ranges

•Lowland tundra

•Wetlands

•Volcanoes

•Abundant flora and fauna

•Wild and scenic rivers

Page 6: Bristol Bay Native Corporation

•29 villages

•Eskimo, Aleut, and Athabascan people

•Each have own distinct Native language and dialect

•Local arts and crafts

Page 7: Bristol Bay Native Corporation

•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

Page 8: Bristol Bay Native Corporation

•Caribou

•Moose

•Bear

•Walrus

•Beaver

•Porcupine

•Otter

•Fox

Page 9: Bristol Bay Native Corporation

•Wildlife viewing

•Boating and rafting

•Fishing

•Hunting

•Traditional subsistence activities

•Air tours

•Hiking

•Cannery and museum tours

•Historic sites

Page 10: Bristol Bay Native Corporation

•Subsistence

•Commercial Fishing

•Government

•Tourism

•Construction

Page 11: Bristol Bay Native Corporation

•ANCSA capital received:

∙$32 million

∙3 million acres

•Major investments:

∙Peter Pan Seafoods $13 million gain

∙Hilton Hotel $46 million gain

Page 12: Bristol Bay Native Corporation

•Revenue ~$1 billion

•Investment portfolio >$100 million today

•Dividends have increased steadily from $1 to $8.60 annually—totaling over $75 million since 1971

Page 13: Bristol Bay Native Corporation

•Formed educational foundation with endowment in order to grant scholarships:

∙ Given over $1.4 m

•Established shareholder management training program, Training Without Walls

Page 14: Bristol Bay Native Corporation

“The outlook is

fabulous.

You can be anything

you want to be.”

Roger LangAlaska Federation

of Natives President

Bristol Bay Native

Corporation