Happy Retirement to April Ferguson!

After more than 23 years of serving BBNC, its shareholders and the Bristol Bay region, BBNC shareholder April Ferguson, who worked as BBNC’s Executive Vice President, General Counsel and Corporate Secretary retired in March. During her tenure with BBNC, April was a strong mentor and empowered young Alaska Native professionals. As an executive leader, she…Read More

Shareholder-Owned Business Highlight: Olhausen Construction and Management, LLC

Originally from Perryville, BBNC shareholder Clarence Olhausen has owned Olhausen Construction and Management, LLC for four years. Located in Anchorage and serving Wasilla, Fairbanks, Eagle River and surrounding areas, Olhausen Construction and Management LLC is an independent general contracting firm that performs residential and commercial construction and remodeling. For more information, visit:

Shareholder Informational Meetings

Due to COVID-19, the list of BBNC’s 2020 Informational Meeting locations are still to be determined. We will keep shareholders updated as new information is available in the proxy material and on BBNC’s website at The Shareholder Informational Meetings normally run from August through September and are designed to inform shareholders of the corporation’s…Read More

2020 Census Resumes!

After being paused due to the COVID-19 pandemic, the U.S. Census Bureau has resumed delivering forms to households without a physical address and will be using government-provided protective equipment. Each response to the Census increases the amount of funding for hospitals, roads, fire departments, public services, and much more for the next 10 years. If…Read More

Path to Prosperity 2020

(Path to Prosperity 2019 finalists) Bristol Bay Development Fund is hosting another round of Path to Prosperity in 2020! Businesses who applied in 2019 and did not receive a financial award, are encouraged to apply again. Path to Prosperity is a start-up boot camp and a business plan competition for which financial awards will be…Read More

Diamond Point Acquisition

In early April, BBNC completed an investment in the Diamond Point Quarry on the west side of Cook Inlet near Iliamna Bay and Cottonwood Bay, due west of Homer. BBNC, through subsidiary Bristol Bay Resource Investments, LLC, (BBRI) is now a minority owner in Diamond Point, LLC, alongside Iliaska Environmental, LLC, a subsidiary of Igiugig…Read More

Letter From The BBNCEF Executive Director

Camai, First, students, we are so proud of you. We know that these months have been difficult as you have weathered the storm of COVID-19 and all the unpredictability that goes along with it. Thank you for reaching out to us. We have heard your stories of balancing family obligations, work and school—and it hasn’t…Read More

BBNCEF Board Recruiting

Two BBNCEF board seats will be filled in October. Service on the board is non-paid/voluntary. To apply, please submit a letter of interest and resume that outlines your education, work history, community involvement and nonprofit or other relevant experience that may be beneficial to the Foundation. Letters and resumes must be received by Wednesday, July…Read More

Become a BBNCEF Donor!

Thank you to our corporate donors and contributors for giving. You can donate to the Education Foundation online by going to and selecting DONATE. You can make a single gift, or sign up for a recurring donation. These generous gifts make it possible for BBNC shareholder students to reach and attain their education and…Read More