Bristol Bay Native Corporation, or BBNC, is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Bristol Bay Native Corporation was incorporated in Alaska on June 13, 1972.[1] Headquartered in Anchorage, Alaska, Bristol Bay Native Corporation is a for-profit corporation with approximately 9,900 Alaska Native shareholders primarily of Eskimo, Aleut, and Denaʼina descent. BBNC states its mission as “Enriching Our Native Way Of Life" as a corporation "that protects the past, present and future of the Natives from Bristol Bay.” The region includes 25 village corporations, 31 communities, and 31 federally recognized tribes.[2]
BBNC's strategic goals are to build the value of BBNC's assets by increasing profitability and financial strength; to pay predictable and increasing dividends to shareholders; to promote improved employment and educational opportunities for shareholders; to position BBNC to have a major voice in the economic development of the Bristol Bay region; and to endorse a “Fish First” policy for land and resource management.