FUND NEWS

Beyond the Numbers: What Key Financial Statements & Balance Report Mean for Alaskans July 31, 2024

JUNEAU - The Alaska Permanent Fund Corporation (APFC) is pleased to provide the preliminary end of FY24 financial statements and the beginning of the FY25 Fund Balance Report.

As of June 30, 2024, the end of FY24, the Alaska Permanent Fund has an unaudited total value of $80.3 billion. The value of the permanent savings in the Principal is $58.4 billion, with $12.2 billion of associated unrealized gains. The realized earnings generated from investment activity amounted to $4.2 billion in FY24, and this statutory net income was deposited into the Earnings Reserve Account.

Recognizing there is considerable movement in the transition between the end of FY24 and the beginning of FY25, we’ve broken the numbers down to highlight what they mean for Alaskans.

APFC has developed an infographic and launched a new webpage to help Alaskans "Understand Our Fund."

RECENT NEWS

Beyond the Numbers: What Key Financial Statements & Balance Report Mean for Alaskans

July 31, 2024
JUNEAU – The Alaska Permanent Fund Corporation (APFC) is pleased to provide the preliminary end of FY24 financial statements and…

APFC Board Elects Officers, Takes Steps to Strengthen Governance

July 24, 2024
FAIRBANKS, Alaska – The Board of Trustees of the Alaska Permanent Fund Corporation (“APFC”) held a meeting in Fairbanks and…

APFC Governance Committee Advances Modernization Efforts

July 18, 2024
JUNEAU, AK — The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees Governance Committee convened today to advance ongoing efforts…

APFC Welcomes the Reappointment of APFC Trustee Ethan Schutt

July 18, 2024
Trustee Ethan Schutt was reappointed by Governor Dunleavy to the Alaska Permanent Fund Corporation Board of Trustees. “I am honored…

APFC Board of Trustees Regular Meeting – July 24, 2024

July 17, 2024
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Meeting on July 24, 2024, at the location…

APFC Board of Trustees Governance Committee Meeting – July 18, 2024

July 12, 2024
The Alaska Permanent Fund Corporation (APFC) Board of Trustees’ Governance Committee will hold a virtual meeting on July 18, 2024…

A New Fiscal Year: Committed Revenue

July 3, 2024
June 30th marked the end of Fiscal Year 2024. At the end of July, the preliminary, unaudited FY24 financial statements…

Audit Committee Holds Risk Assessment and Audit Plan Review

June 7, 2024
The Board of Trustees Audit Committee of the Alaska Permanent Fund Corporation (APFC) held a virtual meeting via webinar on…