Shee Atiká Incorporated is pleased to electronically send you October’s newsletter.  We hope you enjoy it.
 
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Shee Atiká Incorporated
October Newsletter

COVID INFORMATION PAGE

Shee Atiká, Incorporated has created a COVID information page on its website.  You can visit it here:  www.sheeatika.com/covid-information/.  If you know of other resources and would like to share them with us, please send them via email to info@sheeatika.com or use the Contact Us form on the website.

SCHOLARSHIP COMMITTEE VACANCY

Shareholders interested in serving on the Shee Atiká Scholarship Committee should submit an application, resume, and letter of interest by Friday, November 12, 2021 at 5:00pm, Alaska time to:

Shee Atiká Board of Directors
315 Lincoln Street, Suite 300
Sitka, AK  99835
Fax:  (907) 747-5727
Email:  info@sheeatika.com
 
The three year term begins on December 1, 2021.
 
The Committee meets once per year (via remote communication) usually at the beginning of April to review all academic, vocational, and cultural and heritage applications.
 
To give you an idea of the workload, the Committee typically reviews 80 -120 applications annually. 
 
The next Academic Scholarship Deadline is Friday, March 11, 2022.

SHEE ATIKÁ CARES ACT FUNDS

Shee Atiká, Inc. received $277,000 in CARES Act funds from the US Treasury and is working to develop a process for the disbursement of Shee Atiká funds. 

Shee Atiká followed the stringent US Treasury Department guidelines to ensure that its application for CARES funds was thorough, complete and submitted in a timely fashion. After the application deadline, the Treasury Department created a complex formula for how CARES Act money would be allocated to tribes and Alaska Native corporations (ANCs). This formula focused on three criteria:  Tribal/ANC population, total corporation employment during 2019 and total corporate expenditures during 2019.  Shee Atiká received far less in CARES Act funds than many ANCs and Tribal organizations, primarily because our employment and expenditure amount during 2019 were much less than other ANCs and tribal organizations. 
 
The CARES Act provides strict rules that limit how CARES Act funds can be used which Shee Atiká is required to follow. For example, these rules are clear that Shee Atiká cannot use these funds to provide a dividend to our shareholders or make payments that are not tied to necessary expenditures due to COVID. As we go through this process, we want Shee Atiká shareholders to know that our intention is to provide the most benefits legally allowable with the small amount of funds that we have received.  We hope to finalize arrangements and implement a plan for our shareholders by early November. 
 
The past several months have been very challenging for many due to the COVID pandemic and there are many of our shareholders and their families who continue to face daunting hardships, economically, emotionally and physically. We will share additional information about Shee Atiká’s plan to utilize the CARES Act funds as soon as we can.  This information will be sent to shareholders via email, the Shee Atiká website and regular mail.  Please check back periodically for more information. 

UPDATE YOUR CONTACT INFORMATION

Please reach out to the office to ensure your contact information is up-to-date.
 
Call:  907-747-3534
Toll Free:  800-478-3534
Email:  info@sheeatika.com
Website:  Contact Us

TESTAMENTARY DISPOSITION

What is a Testamentary Disposition or a TD?
It is a Will for your Shee Atiká shares and directs Shee Atiká on who you want your shares to go to upon your death.

Why is it Important to Complete a TD?
Without a Will or a TD, under most circumstances Alaska State Law will dictate who gets your shares upon your death.

Make your wishes known by completing your TD!  The Testamentary Disposition is only one page.  It can be found on our website at www.sheeatika.com under Forms or you can contact the office and we can mail you a form or email you a form.  The Form must be signed in front of a Notary Public to be valid.

Contact us to be sure yours is up-to-date.

SHEE ATIKÁ MISSION STATEMENT

Shee Atiká Incorporated’s mission is to “preserve and enhance our culture for all generations of shareholders, and to provide benefits to shareholders consistently and on an equitable basis.”
To remove your name from our mailing list, please click here    or you can also update subscription preferences 

Questions or comments? E-mail us at newsletter@sheeatika.com or call (907) 747-3534
 
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