Bill Stroecker Foundation logo

Bill Stroecker Foundation

FAIRBANKS, AK EIN: 45-2761890 Website

The Bill Stroecker Foundation is a private grantmaking foundation established through the will of Bill Stroecker, who passed away on November 8, 2010. Based in Anchorage, Alaska, the foundation operates as a 501(c)(3) organization dedicated to continuing Bill Stroecker's philanthropic legacy in the Fairbanks and Interior Alaska communities. The foundation's motto is "Shining a Light on Fairbanks," reflecting its commitment to preserving the culture, heritage, and character of the region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.2M

+23.7% YoY

Grant Count

76

+5.6% YoY

Avg Grant Size

$16K

+17.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Bill Stroecker Foundation works to preserve Fairbanks' culture, heritage, and "Golden Heart" through strategic philanthropic investments. The foundation supports a diverse range of causes reflecting Bill Stroecker's varied interests, including:

  • Education — scholarships and endowments at the University of Alaska Fairbanks
  • Music and the Arts — jazz and brass music programs
  • Museum and Cultural Programming — educational exhibits and K-12 programming
  • Professional Development — business and technical education

Grantmaking

The foundation has created eight scholarships and endowments at the University of Alaska Fairbanks:

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses its grantmaking on Fairbanks and the Interior of Alaska, with particular emphasis on supporting institutions and programs within the region.

Grant Distribution by State

13states
+5 more states

Cities

ALEXANDRIAANCHORAGEARLINGTONAUBURNBELLEVUECOLORADO SPRINGSEAGLEESCONDIDOFAIRBANKSFERGUS FALLSFREDERICKHILLSDALELAKEWOODMARIETTAMEMPHISNORTH POLEPALMERRATONROSWELLSEATTLE

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $23.5 million
  • Annual Revenue: $1.94 million
  • Annual Expenses: $1.63 million
  • Total Liabilities: $0

The foundation has maintained tax-exempt status since November 2013 (EIN: 45-2761890).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$318K$637K$955K$1M71 grants202063 grants202161 grants202272 grants202376 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALASKA AIRMEN'S ASSOCIAT…$60KFAIRBANKS RESCUE MISSION$50KHILLSDALE COLLEGE$44KGREATER FAIRBANKS COMMUN…$33KFAIRBANKS COMMUNITY FOOD…$30KBREAD LINE INC$25KFAIRBANKS CURLING CLUB F…$22KHILLSDALE COLLEGE$22KHILLSDALE COLLEGE$22KMONROE FOUNDATION$22K

Grant Size Distribution

250 grants across all recorded years

242<$50K6$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Bill Stroecker Foundation was established through Bill Stroecker's will and testament as a testamentary trust. The original trustees named in his will were:

  • Don Dennis
  • Ted Cox
  • Cory Borgeson
  • Rich Hompesch
  • Jerry Walker (elected first Chair of the foundation)
  • Richard Heieren

The foundation held its first formal board meeting on February 25, 2011, to elect officers and establish itself as a working organization.

Compensation Overview

From 2024 IRS filing

PEAK TRUST COMPANYCO-TRUSTEE$146K

From 2024 filing

NameTitleHoursCompensation
PEAK TRUST COMPANYCO-TRUSTEE1$145,925
DONALD DENNISCO-TRUSTEE1
JERRY WALKERCO-TRUSTEE1
JON COOKCO-TRUSTEE1
RICK SCHIKORAPRESIDING OFFICER4
PAUL JOHNSONCO-TRUSTEE1
GEORGE LOUNSBURYCO-TRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation continues to support educational initiatives at the University of Alaska Fairbanks. Recent activity includes ongoing scholarship distributions to students in petroleum engineering, business, accounting, journalism, and music programs, as well as continued support for the UA Museum of the North's educational programming.

Empowering futures | Aurora - University of Alaska Fairbanks

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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