SAFE TRUSTEES ANNOUNCE SPECIAL ONE-TIME DISTRIBUTION

The trustees of the Shee Atiká Fund Endowment (“SAFE”) have declared a special one-time distribution of $7.00/trust unit.  The distribution was announced at the June 28 Shee Atiká annual meeting by Trustee Chair Steven Karpstein.   Chairman Karpstein said:

“This special one-time distribution of $7/trust unit is attributable to SAFE’s successful long-term investment in commercial real estate in Colorado Springs, Colorado, which was just sold by  SAFE at a substantial gain. Over the years, the Colorado Springs building has generated much of the income used to pay the annual December distribution. Our success with this investment is due to the patience of Shee Atiká’s shareholders over the long-term, and the Trustees felt that it was appropriate to share SAFE’s sale gain with shareholders through a special one-time distribution.”

The record date for the special one-time distribution is Thursday, July 3, 2025 at 4:30 Alaska Daylight time.  The distribution will be paid on July 21 for shareholders who have arranged for  direct deposit. Checks will be mailed on July 23 to shareholders who have not arranged for direct deposit.