Permanent Fund Dividend

GPTKB entity

Statements (108)
Predicate Object
gptkbp:instance_of gptkb:Division
gptkbp:administered_by gptkb:Alaska_Department_of_Revenue
gptkbp:administrative_costs low compared to other programs
gptkbp:amount_varies_by_year gptkb:true
gptkbp:approves gptkb:1982
gptkbp:associated_with Alaska's oil wealth
gptkbp:benefits low-income families
provides financial assistance to residents
gptkbp:can_be_used_to savings
education expenses
healthcare expenses
housing expenses
gptkbp:challenges fluctuating oil prices
gptkbp:community_engagement encourages civic participation
gptkbp:community_feedback regularly solicited from residents
gptkbp:community_outreach aims to reach all eligible residents
gptkbp:community_programs supports local initiatives
gptkbp:community_support widely supported by Alaskans
gptkbp:contribution provide dividends as long as the fund exists
gptkbp:controversy debates on sustainability
debate over fund management
gptkbp:created_by Alaska voters
gptkbp:disbursement_date typically in October
gptkbp:distribution direct deposit or check
gptkbp:economic_impact stimulates local economy
provides financial support to residents
gptkbp:educational_value funds scholarships and educational programs
gptkbp:eligibility residents of Alaska
must be a resident for one full calendar year
residency in Alaska
gptkbp:encourages long-term residency in Alaska
gptkbp:established_in gptkb:1976
gptkb:Alaska_Permanent_Fund_Corporation
gptkbp:financials promotes understanding of personal finance
gptkbp:first_paid_in gptkb:1982
gptkbp:founded_in gptkb:1976
gptkbp:fund_challenges managing expectations of residents
gptkbp:fund_education provides resources for financial education
gptkbp:fund_growth invested in various assets
gptkbp:fund_growth_rate historically averages around 7% per year
gptkbp:fund_history over 40 years of operation
gptkbp:fund_impact_studies conducts research on economic impact
gptkbp:fund_innovation explores new investment opportunities
gptkbp:fund_regulations subject to state and federal laws
gptkbp:fund_source oil revenues
gptkbp:fund_transparency regular audits conducted
gptkbp:funding determined by state legislature
over $80 billion as of 2023
gptkbp:funds various personal expenses by residents
gptkbp:funds_distributed_to eligible residents of Alaska
gptkbp:has_diversity_initiatives supports efforts to diversify economy
gptkbp:has_impact_on local businesses
gptkbp:historical_payouts over $25 billion since inception
gptkbp:historical_significance unique model for resource revenue sharing
provides a share of oil revenues to residents
https://www.w3.org/2000/01/rdf-schema#label Permanent Fund Dividend
gptkbp:impact_on_poverty reduces poverty levels
gptkbp:inception gptkb:1976
gptkbp:includes_provisions_for gptkb:true
gptkbp:influenced_by oil prices
gptkbp:influences state politics
gptkbp:investment_strategy diversified portfolio
historically positive returns
gptkbp:is_a state program
gptkbp:is_available_in permanent residents of Alaska
gptkbp:is_considered a social safety net
gptkbp:is_distributed_by Alaska residents
gptkbp:is_evaluated_by average annual income from the fund
average annual earnings of the fund
gptkbp:is_funded_by gptkb:Alaska_Permanent_Fund
gptkb:Alaska_Permanent_Fund_Corporation
oil and gas revenues
monitored by independent analysts
gptkbp:is_managed_by gptkb:Alaska_Permanent_Fund_Corporation
gptkbp:is_part_of Alaska's fiscal policy
gptkbp:is_respected_by maintains high levels of public trust
gptkbp:is_subject_to state regulations
legislative changes
gptkbp:legal_framework governed by state law
gptkbp:managed_by gptkb:Alaska_Permanent_Fund_Corporation
gptkbp:maximum_amount varies annually
gptkbp:participated_in encouraged in fund management
gptkbp:partnerships collaborates with local organizations
gptkbp:payout_frequency annual
gptkbp:promotes economic stability in Alaska
gptkbp:provides financial dividends to residents
gptkbp:public_awareness conducted annually
high among Alaskans
gptkbp:real_estate influences housing market dynamics
gptkbp:recipient_satisfaction generally high among residents
gptkbp:recipients varied across age and income levels
gptkbp:related_to gptkb:Alaska_Permanent_Fund
Alaska Permanent Fund Dividend Act
gptkbp:reported_amount varies annually
gptkbp:requires Alaska residency
gptkbp:requires_submission_of gptkb:software
gptkbp:requires_verification_of residency status
gptkbp:social_safety_net acts as a form of social security
gptkbp:state_budget_impact reduces reliance on state funds
gptkbp:subject_to_review state audits
gptkbp:submission_deadline March 31 each year
gptkbp:sustainability ongoing discussions about future viability
gptkbp:type_of not taxable by the state
not taxable by the state of Alaska
gptkbp:voter_support high approval ratings in polls
gptkbp:was_first_paid_out_in gptkb:1982
gptkbp:bfsParent gptkb:Alaska_Permanent_Fund_Corporation
gptkbp:bfsLayer 6