Shareholder 1099-Div Reminder

This is a reminder that only Huna Totem Corporate Dividends are taxable; the Shareholder Settlement Trust distributions are non-taxable. Because there was not a corporate dividend in December of 2017, shareholders will not receive a 1099. If you have any questions, please contact Shareholder Relations at 907-789-8500 or shareholders@hunatotem.com.

 

Job Opportunities at Spruce Root Community Development!

Spruce Root is a 501(c)(3) nonprofit Community Development Financial Institution (CDFI) that was founded in February 2012, with $500,000 of seed money from Sealaska through Haa Aaní Economic Development. Today the fund has grown to $3.5 million, which is possible thanks to grant, benefactor and partner funds.

Spruce Root is partnered in growing the economic strength of Southeast Alaska by providing:

  • Technical resources, mentoring and business coaching
  • Business planning courses, entrepreneurial and small business training, and one-on-one business assistance
  • Small business lending in Southeast Alaska
  • Education and access to other funding sources and collaborative partnerships throughout the region.

Spruce Root Community Development is recruiting for the following positions:

To apply for this either position, please submit cover letter and resume to grow@spruceroot.org. For questions or more information please call Edward Davis at 206.681.9454. Deadline to Apply: February 18, 2018


2018 Early Bird and Door Prizes

Gunalchéesh to everyone that attended our Annual Meeting June 16, 2018!

Our 2018 Early Bird and Door Prize winners are as follows:

Early Bird- $200.00

Darrel Brown Juneau, AK
Jacqueline Dick Hoonah, AK
Genevieve Knudson Juneau, AK
Johan Dybdahl Juneau, AK
Ladonna Dybdahl Hoonah, AK
Jessie Dybdahl Hoonah, AK
Bertina Johnson Hoonah, AK
Jennifer Brown Sitka, AK
Lowell Halverson Arlington, WA
June Haught Tunnelton, WV


Door Prize- $100.00

Gerald Gray III Metlakatla, AK
Magna Carteeti Anchorage, AK
Shawna Howland Hoonah, AK
Alice Charles Anchorage, AK
Daniel Miyasato Jr. Juneau, AK
Laura Mills Hoonah, AK
Margery Knudson Anchorage, AK
Travis Dybdahl Juneau, AK
Dennis Lindoff Gresham, OR
Chad Sherman Sr. Concrete, WA

The early bird and door prizes were open to all shareholders who voted in the annual election, either in person at the meeting or by proxy. You did not need to be present to win. They will be mailed out on Monday, June 18, 2018 to the addresses on file. Winners should contact our office with questions!

Other prizes were given away in person at the Annual Meeting, including: a roundtrip ticket on Alaska Seaplanes won by Harriet Leblanc, an ISP Jacket won by Mildred Jack, an ISP Dinner for two at Duck Point Smokehouse won by Frank Wright, an ISP Neighbors Day tickets for two won by Marilyn Hillman. A $100 Visa gift card won by Bambi Jack, and two $50 visa gift cards won by Geraldine Wallace and Marjorie Dick.

 

2018 Election Results

Gunalcheesh to everyone who attended our 44th Annual Meeting this past Saturday!

Annual Election Results:

Theresa Belton: 44,879
William B. Davis: 31,653
Ernest Jack: 30,638
Harold Houston: 28,576
Jodi Wise: 24,990
Dennis Gray Jr.: 8,756
Other/Write-in: 4,547
Quorum: 6,414
Total Voting Percentage: 69.97%

Officers elected at a re-organizational Board meeting following the Annual Meeting are as follows: Edward M. Davis, Chairman; Anthony Lindoff, Vice Chair; and Ozzie Sheakley, Secretary.

February 2018 SST Distribution Announced $12.59/unit

The Huna Totem Shareholder Settlement Trust Board of Trustees met on February 6, 2018, and in accordance with the Trust’s distribution policy, declared the third and final 2017 dividend distribution amount of $1,102,884 to unitholders, or $12.59 per unit, with a record date of February 6, 2018. Combined with the first and second distribution of the year, this provides a total distribution to unitholders of $17.09 for 2017, $10.67 more than was paid in 2016.

“Our fiduciary obligation as stewards of the Shareholder Settlement Trust is to maintain a long-term investment strategy, ensuring our unitholders and descendants will prosper from future earnings of the Trust. We are excited to see that this investment strategy continues to pay meaningful dividends to unitholders,” said Trust Chair, Ed Davis.

“The purpose of the Shareholders Settlement Trust, as established by the Board of Directors in 1995, is to provide an additional source of cash for unitholders in perpetuity,” said Huna Totem President & CEO, Russell Dick. “Our continued goal is to create stable and growing dividends through improvement of Trust policies that provide growth in assets for future generations.”

Checks will be mailed and direct deposit accounts will be credited on Thursday, February 15, 2018. Shareholders not currently benefiting from our direct deposit services are encouraged to register on the Huna Totem Corporation’s shareholder portal www.myhunatotem.com or contact Katelyn Savland, Shareholder Relations Manager, at the Huna Totem Corporate office before February 12, 2018 to enroll.


Sign up for MyHunaTotem

The new and improved shareholder portal allows Shareholders to change their direct deposit information and address on one easy screen. Shareholders can now access their shareholder IDs, how many shares they own, track their Huna Totem payments and check if they have a Testamentary Disposition on file.

This is an important strategic beginning to Huna Totem’s Going Green Initiative. This powerful, secure new shareholder online resources gives Shareholders greater access to their information and by minimizing paper transaction is better for the environment! You may also access the www.MyHunaTotem.com portal from your smartphone.

Summary of New Features Shareholders have access to:

  • Shareholder ID
  • Amount of Shares owned
  • Verifying if a Testamentary Disposition is on file with HTC
  • Instantly updating banking information
  • Viewing & Printing Payment History
  • Opting in for electronic delivery of information
  • Subscribing to news

Welcome Angela and Valarie to the HHF Board of Trustees