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NANA Elders’ Settlement Trust announces distribution

ANCHORAGE, Alaska –The Trustees of the NANA Elders’ Settlement Trust voted to issue a $2,000-per-Elder distribution next month. The trust was established by NANA Regional Corporation Inc. (NANA), in 2008 to provide a modest, yet needed, special distribution to NANA shareholders who are 65 years of age or older.  

“The trust is pleased to be able to issue this distribution. We are thankful for what our Elders have given us, and that we can share this with them,” said Trust Chairman Ron Moto, Sr.

The distribution is $2,000 and is nontaxable.

The NANA Elders’ Settlement Trust distribution will be paid on Dec. 12, 2012. Those Elders who have elected to receive their NANA dividend via direct deposit will receive this distribution that day. It should arrive by mail later in the month for those Elders who receive distributions via the U.S. Postal Service.

For 2011, the NANA Elders’ Settlement Trust distributed $2,000 per beneficiary.

NANA Regional Corporation, Inc. (NANA) is one of the 13 Regional Alaska Native corporations (ANCs) created pursuant to the Alaska Native Claims Settlement Act (ANCSA). NANA’s mission is to provide economic opportunities for its more than 13,000 Iñupiat shareholders and to protect and enhance NANA lands. Join the hunt at www.nana.com/regional

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