Our Shareholders First

Shareholder Department

OUR SHAREHOLDERS FIRST Shareholder Benefits

Scholarships

BSNC provides substantial financial support to the Beringia Settlement Trust (BST) Scholarship Program. The Beringia Settlement Trust Scholarship Program helps BSNC shareholders and their lineal descendants attain their educational and vocational goals by offering scholarship, fellowship and mentorship opportunities. BSNC doubled scholarship funding for undergraduate, graduate and vocational BST student recipients.

“BSNC is very proud to invest in its shareholders and descendants,” said BSNC President & CEO Gail R. Schubert. “I encourage our students to fully utilize available scholarships to obtain an education or training that will benefit our Region, Alaska and Our People.”

For the 2020/2021 academic year, BSNC donated $160,000 in educational funding. Since 1991, BSNC has provided more than $4.3 million in funding to support the post-secondary educational goals of BSNC shareholders and descendants.

Dividends

At Bering Straits Native Corporation, we are very proud to invest in our shareholders and descendants. Since 1972, BSNC has distributed $39.1 million in regular dividends and $8.9 million in Elder dividends.

Shareholder dividend:
($9.50 per share) – $6.0 M

Special Elders’ distribution:
($1,500 per Elder) – $1.8 M

The BSNC Board of Directors declared a record-high Dividend of $9.50 per share to be issued in December and a special Elder dividend of $1,500 in November. Dividends are paid through the BSNC Beringia Settlement Trust and are tax-free to shareholders.

“BSNC’s continued success is rooted in the Board and Staff’s commitment to our mission, our Shareholders and our Region,” said BSNC Board Chairman Henry Ivanoff. “We are pleased to be able to provide this distribution to our shareholders.”

Campsite Program

BSNC maintains a shareholder Campsite Program, which allows shareholders to select a campsite along the Kougarok Road, east and north of Salmon Lake. All BSNC shareholders are eligible for campsites whether they live within the region or outside.

Gifting Shares

Under the 1991 Amendments to the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et. seq.), shareholders may give stock to a person who is their child, grandchild, great-grandchild, niece, nephew, brother or sister and who also is a Native or descendent of a Native. H.R. 3157 “The Alaska Land Status Technical Corrections Act of 1992,” allows for gift of stock to siblings. The law defines a Native as a person who is at least one-fourth degree Alaska Indian, Eskimo, Aleut blood, or any combination; a descendant of a Native is a lineal descendant (child, grandchild, great-grandchild, etc.) of a Native or an adoptee of a Native or descendant of a Native who is adopted before the age of 18.

Once your gift is completed on the corporate books, the recipient of your shares will own and have all the stock rights for those shares, including the right to vote the shares at the shareholder meetings, to receive dividends and distributions on the shares, to bequeath the shares upon death, or to give the shares to a relative. Once gifting is completed, you will have no rights with respect to the shares you gave away.

If you are interested in the gift process, please contact:
BSNC Shareholder Department
P.O. Box 1008
Nome, AK 99762

Shareholder Bereavement Assistance

The BSNC Beringia Settlement Trust now provides shareholder bereavement assistance in the amount of $2,500 to help defray the cost of funeral expenses for an original BSNC shareholder, a lineal descendant of an original BSNC shareholder, or the spouse of a living original BSNC shareholder. The deadline for filing for bereavement assistance is within three months of the date of death.

Forms and Questions

BSNC Shareholder services and opportunities. Explore the links below!

Shareholder Department

Bering Straits shareholders and descendants receive an array of benefits

Shareholder Development

BSNC strives to empower Our People as leaders of the Arctic region by providing meaningful employment, career development and scholarship opportunities.

Shareholder Events

BSNC is proud to invest in our shareholders and communities we serve. See the different opportunities within the company.

Our Lands

The Land Is Our Past And Our Future. The land has provided a livelihood for the residents of the Bering Strait/Seward Peninsula/Norton Sound region.
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OUR REGION. OUR PEOPLE.

Shareholder

Strong

MyBSNC

Enter your world of Shareholder resources and information. MyBSNC Portal will give you access to your records.

Safety for Our People

Across the BSNC family of companies, nothing is more important than the safety and well-being of our people.

OFFICESWhere to find us?
Bering Straits Native Corporation is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
OUR LOCATIONS
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
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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.
Sign up for our newsletter

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