Koniag, Inc. is one of 13 regional Native corporations established by Congress in 1971 under the terms of the Alaska Native Claims Settlement Act (ANCSA). ANCSA settled the aboriginal land claims of Alaska Native people by conveying land and seed capital to Native for-profit corporations representing various geographic regions of the state.
Koniag’s original share of the ANCSA settlement was $23 million, 800 acres of land and the “subsurface estate” of approximately 900,000 acres. Koniag was incorporated on June 23, 1972, to manage the land and financial assets on behalf of the corporation’s approximately 3,800 Alutiiq shareholders who originated from the Kodiak Archipelago. The corporation’s headquarter office is located in Kodiak, Alaska with an office in Anchorage, Alaska.
Koniag’s approach to business has evolved to meet new challenges, expanding opportunities and the needs of its shareholders. The corporation’s investments range from real estate holdings, resource development and business operations that include oversight of over a dozen subsidiaries.
The Koniag Board of Directors is dedicated to preserving the culture and land for future generations by keeping our businesses profitable to provide benefits such as dividends, education/employment opportunities, and a source for culture information to current and future shareholders.
Reminder of Anchorage and Soldotna Informational Meetings Anchorage Info Meeting is this Saturday (September 24th) at the Dena’ina Center @ 11am. Soldotna Info Meeting is Sunday (September 25th) at the Soldotna Sports Arena @ 1pm- 538 Arena Ave, Soldotna AK. Lunch will be served, door prizes and fun promo bags! See you soon Anchorage and [...]more
Our thoughts are with Steven and Linda Suydam as we join their families and many friends in praying for their recovery from injuries suffered in an airplane crash today. Linda has a special place in our hearts for many reasons, including her service as a member of the Koniag, Inc. Board of Directors from 2006 [...]more