In 2013, the Ahtna Hwt’aene (People’s) Settlement Trust was established to provide a means for Ahtna to pay stable, non-taxable dividends to shareholders in perpetuity. Ahtna made its first contribution to the Trust in 2015 by transferring $3.4 million from Ahtna’s investment portfolio. The Board of Directors Earnings and Distribution Policy sets guidelines for distributing earnings with ten percent in contributions each year going to the Trust.
The Trust is currently valued at $10.4 million and all future dividends distributed out of the Trust will be non-taxable to shareholders.
Settlement Trust Financial Statements
The 2018 Ahtna Hwt’aene (People’s) Trust Financial Statements can be viewed here: AHTNA HWT’AENE (PEOPLE’S) TRUST 18