The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Annual Report, 49 Forward.
For 49 years, the Fund has transformed resource wealth into a legacy of stability, opportunity, and shared prosperity for every generation. As we look ahead to its 50th year, we celebrate Alaska’s vision, resilience, and enduring strength.
The Alaska Permanent Fund is unique as it is both a symbol and a mechanism of our shared responsibility. It was created 49 years ago to transform Alaska’s resource wealth into a renewable financial resource, and it has delivered on that promise for generations. As stewards of the Fund, we are dedicated to protecting its value with strong governance and discipline, ensuring it remains a source of enduring wealth.
“This year, the Fund reached its highest value ever, thanks to the disciplined stewardship of APFC staff and my fellow Trustees. Dividends hitting Alaskans’ bank accounts this week are a reminder of the Permanent Fund’s unique value. Yet under current law, the Earnings Reserve can be spent with a simple majority vote of the Legislature, which also decides how much is directed to dividends or to state services from the 5% POMV draw. With more than 60% of our state budget now reliant on the Permanent Fund, Trustees believe it is time to unify the accounts and secure constitutional protections to safeguard the Fund for generations to come. We encourage Alaskans to engage with their elected leaders on this critical issue.”
— Jason Brune, Chair, APFC Board of Trustees