Bering Straits Native Corporation

Bering Straits Native Corporation (BSNC) is an Alaska Native regional corporation formed in 1972 under the Alaska Native Claims Settlement Act (ANCSA) for the Bering Straits and Norton Sound region. Headquartered in Nome, Alaska, with a business office in Anchorage and site locations across Alaska, the United States and internationally, BSNC pursues responsible development of resources and other business opportunities. Through its subsidiaries, joint ventures and partnerships, it serves federal government and commercial customers, and under federal law its majority-owned entities are deemed minority and economically disadvantaged business enterprises. BSNC is owned by more than 8,200 Alaska Native shareholders, including original shareholders, heirs and gift recipients. At incorporation it enrolled 6,333 Alaska Native shareholders, each receiving 100 shares; as an ANCSA corporation it has no publicly traded stock and its shares cannot legally be sold. The corporation owns and manages a subsurface estate of approximately 2.1 million acres, of which 145,728 acres are its own and the remainder selected by the region's 17 village corporations. Its region in Northwest Alaska is home to three culturally distinct peoples: Inupiat, Siberian Yupik and Central Yup'ik. BSNC's Shareholder Relations Department manages shareholder records, stock, gifting, stock wills and the MyBSNC portal, while the Shareholder Development Department supports shareholders and descendants with education, career and employment programs including internships, the Beringia Settlement Trust Scholarships, a talent bank and registries.

Bering Straits Native Corporation (BSNC) was formed in 1972 as the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the Bering Straits and Norton Sound region. At incorporation, BSNC enrolled 6,333 Alaska Native shareholders, each of whom received 100 shares of BSNC stock. As an ANCSA corporation, BSNC has no publicly traded stock and its shares cannot legally be sold. The corporation is headquartered in Nome, Alaska, operates a business office in Anchorage, Alaska, and operates site locations in Alaska, across the United States and internationally. BSNC actively pursues responsible development of resources and other business opportunities, and through its subsidiaries serves the federal government and commercial customers. Under federal law, BSNC and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be minority and economically disadvantaged business enterprises (43 USC 1626(e)). The BSNC region is located in Northwest Alaska and is home to three culturally distinct peoples: Inupiat, Siberian Yupik and Central Yup'ik. BSNC is owned by more than 8,200 Alaska Native shareholders, including original shareholders, heirs and gift recipients residing inside and outside Alaska. BSNC owns and manages a subsurface estate of approximately 2.1 million acres, 145,728 acres of its own and the remainder selected by the region's 17 village corporations. The BSNC region encompasses most of the Seward Peninsula and eastern Norton Sound in Alaska, and its land entitlement under ANCSA includes over 2.1 million acres of surface and/or subsurface estate. The Shareholder Relations Department manages shareholder records, stocks, gifting of stock, stock wills and the MyBSNC portal, an interactive special shareholder portal. The Shareholder Development Department works directly with shareholders and descendants to assist them in identifying and reaching educational and professional career goals, and helps connect them with employment opportunities within the BSNC family of companies through programs including Career Advancement and Resources, a Summer Internship Program, Beringia Settlement Trust Scholarships, a Shareholder and Descendant Talent Bank, a Shareholder Owned Businesses Registry and a Descendant Registry.

• 1972

  Bering Straits Native Corporation formed as the ANCSA regional corporation for the Bering Straits and Norton Sound region.

• 1972

  At incorporation, 6,333 Alaska Native shareholders were enrolled, each receiving 100 shares.

ANCSA regional corporation and minority/disadvantaged business enterprise serving government and commercial customers.

Product categories. Federal government services · Commercial services · Resource development

1. 1Bering Straits Native Corporationen.wikipedia.org
2. 2Bering Straits Native Corporation is setting revenue records. Some shareholders are asking, at what cost? - KNOM Radio Missionnews.google.com