Calista Foundation boasts record scholarship payments

by Shane Iverson on October 24, 2011

The Calista Heritage Foundation provided $217,000 in scholarship assistance this fall semester. That’s the largest amount ever for a single semester according to a corporate press release.

The Calista Heritage Foundation is a non-profit arm of Calista Corporation, the Alaska Native Corporation for the Yukon Kuskokwim Delta.

According to Calista’s press release the record amount is due to the success of their annual golf fundraiser. Despite the nationwide economic stagnation, there seemed to be no lack of willing golfers, or donators, in the Anchorage area this summer.

The foundation’s golf event at the Moose Run Creek Golf Course asks for Platinum sponsors starting at $25,000. To actually play at the tournament team sponsorships cost $1,500 or an individual can play for $250.

This year Calista says 248 shareholders, or their descendants, received financial assistance for college. They say those recipients lived in more than 75 communities.

The Calista Foundation started in 2010 when the company’s scholarship fund was merged with the Calista Elders Council.

According to their facebook page, the Calista Heritage Foundation held their first annual reception last week at the Marriot Hotel during the AFN convention.

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