Ownership & Shareholders

alaska nativesFutaris is owned by Calista Corporation, an Alaska Native Regional Corporation—one of only 13 active regional corporations resulting from the Alaska Native Claims Settlement Act (ANCSA), which became law on December 18, 1971. The legislation settled land claims with the Alaska Native population, establishing regional corporations and transferring more than $962 million and nearly 44 million acres of land to the corporations.

Calista Corporation currently has 12,500 shareholders. Every corporate board member is a shareholder; 42 percent of Calista employees also are shareholders; and 70 percent of Calista managers are Alaska Native.

 

calista region

Calista Corporation understands the importance of reliable and flexible communications systems because of its unique situation:

  • Calista Corporation owns 57,000 square miles of land
  • It is the second largest Alaska Native Regional Corporation, encompassing nearly 10 percent of Alaska’s land area
  • The area is comprised of 56 federally recognized tribes
  • The region has no roads that connect it with the rest of Alaska
  • The cost of food, fuel, transportation and energy are extraordinarily high

As part of its commitment to the region, the Calista Heritage Foundation awards hundreds of thousands of dollars in scholarships each year. Since the formation of the scholarship fund in 1994, Calista has awarded more than $2.4 million in scholarships. In 2010, Calista directed more than $78,000 toward internships, which helped place Calista Region students in companies where they learned skills for future professions.