Abbybank Foundation Inc
AbbyBank Foundation Inc. is a private foundation based in Abbotsford, Wisconsin, that supports community projects in AbbyBank’s service area. The foundation’s website says it was established in 1968 as The Abbotsford Story, Inc. and renamed in 2020 to align its outreach with AbbyBank.
Abbybank Foundation Inc at a glance
In short: Abbybank Foundation Inc gave $67K across 23 grants in 2025 (avg $3K), mostly in Wisconsin. 65% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $67,150
- +8.6% vs 2024
- Grants made (2025)
- 23
- +15.0% vs 2024
- Average grant
- $2,920
- -5.6% vs 2024
- Median grant
- $2,000
- Total assets
- $699,676
- +4.3% vs 2024
- New grantees (estimate)
- 65% first-time grantees (15 of 23, 2025; small sample)
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Abbybank Foundation Inc
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests. Its website says requests must be submitted in writing or through its grant application. The 2025 filing says to provide a short letter describing the organization and grant purpose, along with proof of tax-exempt status under IRC Section 501(c)(3). Applicants must demonstrate present or future fiscal responsibility. The website’s contribution policy limits awards to specified school, nonprofit, and civic project purposes.
- Review Cycle
- The website states that requests are considered semiannually, with submission deadlines of March 1 and September 1. The 2025 filing lists no deadlines. The next website-listed deadline after October 2, 2026, is March 1, 2027.
- Deadline
- The website states that requests are considered semiannually, with submission deadlines of March 1 and September 1.
- Contact
Application contact: Hillary Strebe
Mailing address: 401 E Spruce Street, Abbotsford, WI 54405
Phone: (715) 223-2345
Website: https://abbybank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Abbybank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Rec Center Inc ($15K). Together the top 10 received $51K.
Grant Size Distribution
117 grants across all recorded years
The most common grant size was under $50K: 115 grants of 117 (98%).
Geographic Focus
Where this funder awards grants
The foundation’s website describes its trade area as a 50-mile radius around Abbotsford, Appleton, Gresham, Medford, Shawano, Wausau, Weston, and Withee. The 2025 filing states that grants are generally limited to organizations located within 50 miles of Abbotsford, Appleton, Gresham, Medford, Shawano, Wausau, and Weston. The 2025 grant list shows all grant dollars going to Wisconsin recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
Is Abbybank Foundation Inc open to new grantees?
65%
first-time grantees, 2025
In 2025, 15 of 23 grantees (65%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $3K; repeat grants $3K. How we count
Medians: $2K first-time, $1K repeat.
- 13% of 2025 grantees were also funded in 2024. Method
- Giving fell 43% from 2022 to 2025. Method
- In 2025 it paid out 214% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $32K (2020) to $145K (2021). In 2025 it made 23 grants totaling $67K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rec Center Inc Medford, WI | Construction of the Walking Track | $15,000 |
| Rural Arts Museum of Colby Colby, WI | Construction of a New Brat Barn | $10,250 |
| Performing Arts Foundation Inc Wausau, WI | The Second Century Campaign | $5,000 |
| Wisconsin VFW Foundation Inc Medford, WI | Construction of a New Club House | $5,000 |
| Wisconsin Dental Associates Foundation Inc West Allis, WI | Portable Xray Machines | $4,300 |
| Riverview Gardens Appleton, WI | Construction of a Community Teaching Garden | $2,500 |
| Everest Area Optimist Club Schofield, WI | Deep Fryers and a Refrigerator | $2,500 |
| Cots Inc Appleton, WI | An Ebike Charging Station | $2,500 |
| Down Syndrome Association of WI - Fox Cities Appleton, WI | Adaptive Bicycles | $2,200 |
| Shawano Area United Way Shawano, WI | Laptops, Wireless Mice, and a Printer | $2,050 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $699,676 | $98,340 | $69,314 | $67,150 | 23 | $68,244 | — | $31,853 |
| 2024 | $670,650 | $97,779 | $63,873 | $61,853 | 20 | $62,875 | — | $30,578 |
| 2023 | $636,744 | $80,871 | $57,072 | $55,183 | 24 | $56,140 | — | $28,978 |
| 2022 | $612,945 | $88,461 | $118,903 | $117,224 | 28 | $118,076 | — | $30,310 |
| 2021 | $645,667 | $100,557 | $147,307 | $145,304 | 22 | $146,101 | — | $31,740 |
| 2020 | $692,417 | $100,154 | $33,005 | $31,892 | 23 | — | $3,640 | $31,464 |
Under IRS private-foundation payout rules, Abbybank Foundation Inc reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s contribution policy describes its objective as enriching, creating, or supporting community projects whose benefits reach the greatest number of citizens possible. It funds defined school disciplines not included in budget planning, equipment or building projects for nonprofits, and civic construction or reconstruction projects with unlimited public access.
Its 2025 grants illustrate a range of supported projects, including a walking track, a museum exhibit, classroom furnishings, adaptive bicycles, portable X-ray machines, a teaching garden, and a clubhouse. Among its grantees, the Wisconsin VFW Foundation describes its mission as facilitating the charitable, patriotic, and educational activities of Wisconsin VFW members. The Performing Arts Foundation says it enriches lives through diverse cultural experiences. COTS describes its work as ending homelessness in the Fox Valley through temporary shelter and basic needs, while Riverview Gardens says it builds dignity through job training and employment.
Grantmaking
In filing year 2025, the foundation reported 23 grants totaling $67,150. Grant amounts ranged from $250 to $15,000, with a median of $2,000. Notable awards included $15,000 to Rec Center Inc. for construction of a walking track; $10,250 to Rural Arts Museum of Colby for construction of a new brat barn; and $5,000 each to Performing Arts Foundation Inc. for its Second Century Campaign and Wisconsin VFW Foundation Inc. for construction of a new clubhouse.
The filing also lists $4,300 to Wisconsin Dental Associates Foundation Inc. for portable X-ray machines; $2,500 each to Riverview Gardens, Everest Area Optimist Club, and COTS Inc.; and $2,200 to Down Syndrome Association of WI - Fox Cities. All 2025 grant dollars went to Wisconsin recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Craig Stuedemann as president/treasurer and Karen Piel as vice president/secretary. The directors listed are Troy Meyer, Scott Christensen, David Diesen, Curtis Day, Tricia Rathermel, and Patrick Trinko.
Abbybank Foundation Inc is led by Craig Stuedemann, President & Treasurer on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Craig Stuedemann
President & Treasurer
On filings since 2020
0.2 hrs/week
No compensation reported
Curtis Day
Director
On filings since 2020
0.2 hrs/week
No compensation reported
David Diesen
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Patrick Trinko
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Scott Christensen
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Troy Meyer
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Tricia Rathermel
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Karen Piel
Vice President & Secretary
On filings since 2020
0.2 hrs/week
No compensation reported
Former officers (1)
- Former: Patrick McCrackin (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Abbybank Foundation Inc
How much does Abbybank Foundation Inc give each year?
Abbybank Foundation Inc gave $67K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $62K across 20 grants.
What is Abbybank Foundation Inc's typical grant size?
Abbybank Foundation Inc's median grant in 2025 was $2,000, and its average grant was $2,920, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Abbybank Foundation Inc that year got $3K on average.
Where does Abbybank Foundation Inc give grants?
Abbybank Foundation Inc gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Medford, WI (4 grants), Wausau, WI (3 grants), Appleton, WI (3 grants) and Colby, WI (2 grants).
Does Abbybank Foundation Inc give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on Abbybank Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Abbybank Foundation Inc's largest grantees?
Abbybank Foundation Inc's largest 2025 grantees include Rec Center Inc ($15,000), Rural Arts Museum of Colby ($10,250) and Performing Arts Foundation Inc ($5,000), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.
How large is Abbybank Foundation Inc?
Abbybank Foundation Inc reported $700K in total assets on its 2025 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).
What does Abbybank Foundation Inc fund?
The foundation’s contribution policy describes its objective as enriching, creating, or supporting community projects whose benefits reach the greatest number of citizens possible. See mission & focus areas ↑
How do I apply for a grant from Abbybank Foundation Inc?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Abbybank Foundation Inc's EIN?
Abbybank Foundation Inc's EIN (Employer Identification Number) is 39-1540288. IRS Form 990 filing data is available on this page for 2020–2025.
Does Abbybank Foundation Inc accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 24, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Abbybank Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/abbybank-foundation-inc-morg_0a3c4219e22d48eab40ec4a19d014bd7
BibTeX
@misc{grantable_391540288_2026,
author = {{Grantable}},
title = {{Abbybank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/abbybank-foundation-inc-morg_0a3c4219e22d48eab40ec4a19d014bd7},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Abbybank Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Abbybank Foundation Inc down — hundreds of funders to go?