Skip to content

Member News

Does your business have exciting news it wants to share with the rest of the Anchorage Chamber membership? To submit an announcement, log in to your Anchorage Chamber profile and complete a News Release. For assistance accessing your account, call (907) 272-2401.

Anchorage Chamber staff will review and approve all submissions. 

Crisis, Chaos, and Confusion: What we are hearing from nonprofits

A funding freeze for any length of time could affect the billions of dollars Alaska receives each year from the federal government. Recent Foraker research in partnership with the UA Center for Economic Development shows our state received $38 billion in federal funds in 2023. This is in addition to funds received between 2022 and 2024 from the Infrastructure Investment and Jobs Act ($7.6 billion), the Inflation Reduction Act ($2.5 billion), broadband funding ($2.2 billion), and remaining federal pandemic relief funds ($2.5 trillion). Alaska is one of the largest recipients of federal funds per capita, with roughly 37% of the state’s annual budget coming from the federal government. Every Alaskan will feel the impact of retrenchment.

To better understand the impact of a freeze, Foraker conducted two surveys of nonprofits over the past month. We received close to 300 responses from a wide range of organizations that serve Alaskans. Here’s some of what we learned.


READ THE REPORT

Scroll To Top