Today Marks a Milestone of Responsible Stewardship and Cultural Commitment
JUNEAU, ALASKA, May 7, 2025 -- Today is the first Distribution Day for the Goldbelt Ancestral Trust (GAT). The distribution, totaling $1,215,000, will be made at a rate of $5.00 per share. Payments will be issued via check or direct deposit to all certified Distribution Beneficiaries as of the record date, April 23, 2025. The distribution will be made pro rata, or proportional to the number of qualifying Goldbelt shares held by each beneficiary.
“In 2014, when shareholders approved the Goldbelt Ancestral Trust, they did so with future generations in mind, believing it may be 100 years before the Trust matured to the point of producing meaningful distributions,” said McHugh Pierre, Goldbelt President and CEO. “That the trust issuing distributions just 11-years later feels affirming on so many levels.”
The Trustee’s diligent work with our fund managers on a growth strategy, combined with Goldbelt, Incorporated’s $10.7 million in contributions—approved by the Board of Directors over the past two years—has led to significant growth. As of April’s audit, the value of the GAT fund is $36 million.
This inaugural distribution represents a powerful reflection of Goldbelt’s vision to uplift current and future generations while maintaining cultural stewardship and financial sustainability. The Trust is overseen by five Trustees—two appointed annually from the Goldbelt Board of Directors, and three independent Trustees serving staggered three-year terms. These individuals are tasked with safeguarding the principal of the Trust, ensuring its long-term growth, and adhering to a distribution policy that emphasizes predictability, sustainability, and stability.
Goldbelt expresses gratitude to the Trustees, the Board of Directors, and Goldbelt leadership who have worked diligently to make this moment possible. This distribution is only the beginning—and a strong foundation for generations to come. For more information, visit the Goldbelt Ancestral Trust FAQ.
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