Both the NOK Benefits Trust and the Shareholder Permanent Fund Trust made distributions in 2019. These 2019 distributions are not taxable to the beneficiaries and are not reportable on Form 1099; therefore, 1099 forms will not be mailed out. Since these distributions are non-taxable to the beneficiaries they do not need to be reported on the beneficiary’s tax returns.
2020 scholarhip forms have been updated!
- Neil Sargent Career Development Scholarship
- Cecil Sholl Sr. & Cecil Sholl Jr. Memorial, Emil Norton Memorial and Nancy Anderson Memorial Scholarship Deadline 4/15
- NOK Youth Scholarship Program
To fill out the forms please click the scholarship picture above to be taken to our scholarship page.
2020 Distribution Dates
PLEASE CONTACT THE NOK OFFICE IF YOU NEED A DISTRIBUTION CHECK RE-ISSUED.
Forms may be downloaded from the Shareholder Forms page or may be obtained by contacting the NOK office.
|Direct Deposit Deadline||Address Change Deadline||Date of Distribution|
NOK Announces Shareholder Wills Drive
All new Shareholder Will forms turned into the NOK office the first, second and third quarters of the year will be entered into a $150 drawing each quarter!
All shareholder Wills that are on file with NOK (previous and recently submitted) will be entered into a $500 drawing the fourth quarter!
As Alaska Native Corporation stock is not required to go through court system probate (due to specific provision of the Alaska Native Claims Settlement Act), NOK is able to work directly with family members to determine stock transfer. This is made much simpler when the shareholder has a Stock Will on file with NOK. And, as NOK Shareholder Permanent Fund Trust and NOK Benefits Trust Units are now required to be transferred only at the same time and in the same manner as corresponding shares of NOK Common Stock, only a single Will is required. NOK has a strict policy in place to keep Stock Wills confidential. Once checked for completion, Wills are sealed and retained in NOK’s confidential records. Stock Will contents are not disclosed to anyone - even family members - without expressed Shareholder permission.
While shares and corresponding Trust Units may be Willed to any person of choice, only shareholders who are descendants of a Native are entitled to vote their shares/Units. All shares and Units willed to a non-Native become non-voting and can only regain voting status if reverted to an Alaska Native in the future. A reminder that notary service is available free of charge at NOK’s Kodiak and Anchorage offices. Please call ahead to make sure notary services are available at the time you plan to stop by, and Elders please just let us know if you would like us to come to you. Will forms may be downloaded from the NOK website or by contacting the NOK office.
The 2019 Forms are now up on the site! Click on the NOK Forms picture to visit the forms page.