Alaska Permanent Fund 40th Anniversary Recognized at APFC’s Board of Trustees Meeting

In Uncategorized by Paulyn

As the Alaska Permanent Fund enters into its 41st year, it was affirmed during the Board of Trustees meeting that the Alaska Permanent Fund Corporation remains dedicated to providing a sound management structure to maintain the safety of the principal, while maximizing investment returns. Chair Bill Moran observed that “in the 40 years since the first deposit on February 28, 1977 of $734,000 of dedicated royalties to the Alaska Permanent Fund, the total value has grown to more than $57 billion today.” He further remarked that “in addition to this growth, over $24.3 billion has been distributed to Alaskans since the inception of the Fund.”

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