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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [2] by Article 9, Section 15 of the Alaska State Constitution [3] under Governor Jay Hammond and Attorney General Avrum Gross.
The Alaska Permanent Fund is a $65 billion fund managed by a state-owned corporation and fueled by oil and gas revenues. Current governor Bill Walker lost popularity for his decision to cut the ...
But now-former Alaska Permanent Fund Corp. executive director Angela Rodell was given the ax instead. That action by APFC's board of trustees — coupled with zero explanation for why it happened ...
Dec. 10—Without explanation, the Alaska Permanent Fund Corp.'s board of trustees abruptly removed executive director Angela Rodell on Thursday despite record-breaking performance by the fund ...
Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12 ...
Established in 1976, the Alaska Permanent Fund was created to ensure that future generations would benefit from the state's natural resources long after they are depleted. This fund translates Alaska's natural resource revenues into annual dividends distributed to eligible Alaskan residents (Administered by the DOR through the Permanent Fund ...
APFC may refer to: Active/automatic power factor correction/control (panel), used to control the power factor of electrical loads; Alaska Permanent Fund Corporation; Albert Park Football Club, a present-day amateur Australian rules football club; Albert Park Football Club (VFA), a former Australian rules football club from the 1860s and 1870s
Mar. 26—As the Alaska Permanent Fund has become the financial centerpiece of the state budget, its management has attracted warranted scrutiny. There's a big difference, after all, between a ...