Ancsa Native Corporations are a unique type of business association that was established in 1971 under the Alaska Native Claims Settlement Act (ANCSA). These corporations are owned by Alaska Native shareholders and were created to settle land and financial claims made by Alaska Natives against the United States government. The ANCSA legislation granted 44 million acres of land and $962.5 million to the Native corporations, which they could use to develop their businesses and provide benefits to their shareholders. The primary goal of Ancsa Native Corporations is to promote economic development and provide benefits to their shareholders, who are Alaska Natives. These corporations engage in a wide range of business activities, including natural resource development, tourism, construction, and government contracting. They also provide a range of services to their shareholders, such as education, healthcare, and cultural preservation.