Scholarship Program Transitioned to BSNC Beringia Settlement Trust

August 20, 2020by Media

The BSNC Board of Directors have transferred BSNC’s future donations of funding and administration of scholarship program benefits from the Bering Straits Foundation to the BSNC Beringia Settlement Trust. This action was taken by the BSNC Board in light of favorable federal tax changes involving settlement trusts and plans to grow the corpus of the scholarship program. The BSNC Beringia Settlement Trust will assume administration of a scholarship program starting with the spring 2021 semester and will work with BSF to transition remaining program responsibilities prior to the spring 2021 application process.

“We thank BSF Board Directors for their service to generations of BSNC shareholders and descendants,” said BSNC President & CEO Gail R. Schubert. “Since 1991, the BSF has distributed more than $3.1 million to support the educational goals of our shareholders and descendants. BSF’s efforts have helped many of Our People achieve their educational goals and career aspirations.”

Fall scholarship applications will be administered through MyCache at https://my-cache.org/. Application deadlines for all types of education scholarships are June 30 (Fall) and Dec. 1 (Spring). For questions, please email BSNC’s Shareholder Development Department at shdevelopment@bsnc.net.

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Bering Straits Native Corporation is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
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OFFICESBering Straits Native Corporation
OFFICESWhere to find us?
BSNC is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
OUR LOCATIONSWhere to find us?
ANCHORAGE
3301 C Street, Suite 100, Anchorage, AK 99503
NOME
PO Box 1008. 110 Front Street, Suite 300, Nome, Alaska 99762
GET IN TOUCHStay Connected
Follow BSNC for news, updates, stories, and opportunities to share in this journey.
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