Bill Stroecker Foundation
- Assets
- $22.7m
- Revenue
- $1.9m
- Investments
- $21.6m
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 45-2761890
Organization Overview
Bill Stroecker Foundation is located in Fairbanks, AK. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bill Stroecker Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bill Stroecker Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bill Stroecker Foundation has awarded 536 individual grants totaling $5,423,247. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peak Trust Company Co-Trustee | 10 | $135,617 | |
Donald Dennis Co-Trustee | 5 | $0 | |
Jerry Walker Co-Trustee | 4 | $0 | |
Russell Amerson Co-Trustee | 5 | $0 | |
Rick Schikora Presiding Officer | 8 | $0 | |
Richard Heieren Co-Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,610 |
| Dividends & Interest | $445,292 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $982,515 |
| Capital Gain Net Income | $982,515 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $406,079 |
| Total Revenue | $1,854,496 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,617 |
| Other employee salaries and wages | $385 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,627 |
| Depreciation | $0 |
| Occupancy | $19,480 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,172 |
| Total operating and administrative expenses | $266,206 |
| Contributions, gifts, grants paid | $1,273,879 |
| Total expenses and disbursements | $1,540,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,774 |
| Savings and temporary cash investments | $987,767 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,494,868 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,650,761 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $81 |
| Total liabilities | $81 |
Grants Awarded
Over the last fiscal year, Bill Stroecker Foundation has awarded $1,273,879 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
Anchorage, AK PURPOSE: WHALE PROJECT UNIVERSITY MUSEUM | $497,287 |
SALVATION ARMY PURPOSE: COMMUNITY CENTER CONSTRUCTION | $226,500 |
Fairbanks, AK PURPOSE: BEDS (FURNITURE) | $56,000 |
SALVATION ARMY PURPOSE: RECIPIENT AUTHORIZED EXEMPT PURPOSES MATCHING GRANT | $55,000 |
ALASKA AMATEUR BASEBALL PURPOSE: RECIPIENT AUTHORIZED EXEMPT PURPOSES | $44,000 |
Fairbanks, AK PURPOSE: DEBT RETIREMENT, EXEMPT PURPOSES | $41,506 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Ken Birdwell Foundation Bellevue, WA | $76,202,815 | $4,458,349 |
Rose Foundation Vancouver, WA | $0 | $16,480 |
Apex Foundation Bellevue, WA | $126,367,624 | $451,103 |
Stewardship Foundation C D A B & W T Weyerhaeuser Ttees Tacoma, WA | $0 | $6,421,793 |