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SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT EARNINGS ARE USED FOR OPERATIONS. SCHEDULE D, PAGE 3, PART X FIRST ALASKANS INSTITUTE AND FIRST ALASKANS ENDOWMENT FUND ARE NONPROFIT CORPORATIONS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ALTHOUGH THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO THE REQUIREMENT OF FILING FEDERAL INCOME TAX FORM 990-T AND A TAX LIABILITY MAY BE DETERMINED ON THESE ACTIVITIES. HOWEVER, NONE OF THE ORGANIZATION'S ACTIVITIES WERE SUBJECT TO THIS TAX IN FY22 OR FY21. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 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FORM 990, PAGE 6, PART VI, LINE 11B CONTRACTS WITH FOSTER AND COMPANY TO COMPLETE THE FORM, THEN SUBMITS THE FORM TO THE FINANCE COMMITTEE PRIOR TO OUR BOARD OF TRUSTEES MEETING. FORM 990, PAGE 6, PART VI, LINE 12C SELF DISCLOSURE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION WAS REVIEWED AT THE TIME OF HIRE. THE SALARY HAS NOT CHANGED SINCE THE PRESIDENT/CEO ENTERED THE POSITION. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FIRST ALASKANS ENDOWMENT FUND 606 E STREET ANCHORAGE AK 99501 920174163 SUPPORT AK 501C3 12B FAI true false false true false false false false false false false false false false false false false false false false FIRST ALASKANS ENDOWMENT FUND C 768300 CASH TRANSFER