UIC Foundation Inc
UIC Foundation Inc is a private foundation based in Anchorage, Alaska. It provides scholarships to support education for Iñupiat shareholders of Ukpeagvik Iñupiat Corporation (UIC) and their descendants.
UIC Foundation Inc at a glance
In short: UIC Foundation Inc gave $178K across 83 grants in 2024 (avg $2K), top state Alaska. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $178,000
- +200.4% vs 2023
- Grants made (2024)
- 83
- +48.2% vs 2023
- Average grant
- $2,145
- +102.7% vs 2023
- Median grant
- $2,000
- Total assets
- $235,665
- +24.3% vs 2023
- Primary geography
- Alaska (45% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to UIC Foundation Inc
- How to Apply
-
Submit a scholarship application electronically through the foundation’s website or by mail. First-time applicants are asked for a completed application, a letter of recommendation, and an acceptance letter. Renewal applicants are asked for a completed application and an unofficial transcript or grade report showing the prior term. Grades must be received by the scholarship deadline or within five days of the institution’s published grade-posting deadline.
- Review Cycle
- August 15 for fall term, January 15 for winter term, and May 15 for summer term.
- Deadline
- August 15 for fall term, January 15 for winter term, and May 15 for summer term.
- Contact
Application contact: Uic Foundation Inc
Mailing address: PO Box 890, Barrow, AK 99723
Phone: (907) 852-4460
Website: https://www.uic-foundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who UIC Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
340 grants across all recorded years
The most common grant size was under $50K: 340 grants of 340 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 45% of grant dollars went to recipients in Alaska, 12% to Arizona, and 6% each to Oregon, Hawaii, and Colorado. The listed grants also included recipients in California, Iowa, Minnesota, and Utah.
Grant Distribution by State
Share of 2024 grant dollars across all 83 itemized grants.
States
Cities
How UIC Foundation Inc gives
- Giving grew 401% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $36K (2021) to $178K (2024). In 2024 it made 83 grants totaling $178K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 50 individual scholarships Recipients not named | — | $127,000 |
Ready to take the next step with UIC Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $235,665 | $239,166 | $214,787 | $178,000 | 83 | $214,787 | $6,703 |
| 2023 | $189,545 | $147,113 | $87,604 | $59,250 | 56 | $87,604 | $5,440 |
| 2022 | $127,326 | $103,560 | $71,929 | $43,750 | 59 | $71,929 | $4,635 |
| 2021 | $96,482 | $61,344 | $43,922 | $35,500 | 63 | $43,922 | $2,898 |
| 2020 | $75,359 | $165,042 | $86,131 | $59,000 | 79 | — | $2,523 |
Under IRS private-foundation payout rules, UIC Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to improve the lives of UIC’s Iñupiat shareholders through education and help shareholders and their descendants reach their educational goals. It raises funds to provide scholarships.
Grantmaking
In filing year 2024, the foundation reported 83 grants totaling $178,000. Grants ranged from $1,000 to $6,000, with a median of $2,000. The listed 2024 grants were scholarships to individuals. Examples include an individual recipient ($6,000); an individual recipient ($6,000); and an individual recipient ($4,000).
Scholarships are open to UIC shareholders and their lineal descendants pursuing post-secondary education through degree programs or vocational training, including graduate studies. Applicants must have maintained a 2.0 in an academic program or a passing result in a vocational program in their last term. The foundation’s application materials state that awards may cover tuition, fees, and books. Scholarship funds are not available to lineal family members of the foundation’s board members, officers, and managers.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Joseph Stanich as president, Anne Jensen as vice president, Steve Chronic as treasurer/secretary, and Terri Mitchell as director.
UIC Foundation Inc is led by Joseph Stanich, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joseph Stanich
President
On filings since 2020
1 hr/week
No compensation reported
Terri Mitchell
Director
On filings since 2020
1 hr/week
No compensation reported
Anne Jensen
Vice President
On filings since 2020
1 hr/week
No compensation reported
Steve Chronic
Treasurer & Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 UIC Foundation Inc
How much does UIC Foundation Inc give each year?
UIC Foundation Inc gave $178K across 83 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $59K across 56 grants.
What is UIC Foundation Inc's typical grant size?
UIC Foundation Inc's median grant in 2024 was $2,000, and its average grant was $2,145, across 83 grants on its 2024 IRS Form 990-PF.
Where does UIC Foundation Inc give grants?
UIC Foundation Inc's top state is Alaska, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Arizona (12%) and Oregon (6%).
Does UIC Foundation Inc give general operating support?
Not in 2024: none of the 83 grants with a stated purpose on UIC Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (83 grants).
How large is UIC Foundation Inc?
UIC Foundation Inc reported $236K in total assets on its 2024 IRS Form 990-PF. It paid out $215K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What does UIC Foundation Inc fund?
The foundation’s stated mission is to improve the lives of UIC’s Iñupiat shareholders through education and help shareholders and their descendants reach their educational goals. It raises funds to provide scholarships. See mission & focus areas ↑
How do I apply for a grant from UIC Foundation Inc?
Submit a scholarship application electronically through the foundation’s website or by mail. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is UIC Foundation Inc's EIN?
UIC Foundation Inc's EIN (Employer Identification Number) is 92-0157584. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in UIC Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Alaska
Doyon Foundation
Fairbanks, AK
Doyon Foundation primarily funds scholarships, workforce development, and language revitalization for Doyon, Limited shareholders and their descendants, with a focus on Alaska Native communities; scholarship recipients may live outside Alaska. Typical itemized awards were $400–$5,500, with a $2,400 median, while specific scholarship programs offer different amounts. It accepts applications for its scholarship and language grant programs; the information provided does not state whether it accepts unsolicited requests for general grants.
Assets
$49.2M
Grants
552
Total Given
$1.3M
The Aleut Foundation
Anchorage, AK
The Aleut Foundation supports education, career development, vocational training, and cultural preservation, primarily for Aleut shareholders and descendants; nearly all reported 2025 grant dollars went to Alaska. Grants ranged from $45 to $15,000 in 2025, with a median of $1,834. It states that it does not accept unsolicited funding requests, though eligible individuals can apply through its scholarship and career-development programs.
Assets
$565K
Grants
522
Total Given
$1.3M
Arctic Education Foundation
Anchorage, AK
The Arctic Education Foundation supports scholarships, student assistance, skills training, and cultural education, primarily for eligible Iñupiat students pursuing higher education. Its 2024 awards ranged from $110 to $42,889, with a median of $5,750; 73% of grant dollars went to Alaska recipients. It accepts online scholarship applications; the profile does not state whether it accepts unsolicited requests for other funding.
Assets
$30.5M
Grants
411
Total Given
$2.9M
The Alaska Community Foundation
Anchorage, AK
The Alaska Community Foundation supports Alaska nonprofits and other eligible applicants through grants for community needs, youth programs, skills development, and other charitable work, as well as scholarships. In 2024, grants ranged from $5,019 to $1,359,483, with a median of $10,750; its Vocational Fund grants $10,000–$50,000. Competitive grants generally require applicants to serve Alaska, and applications are accepted through specific grant opportunities, but the profile does not state whether unsolicited requests are accepted.
Assets
$243.9M
Grants
343
Total Given
$12.3M
Rasmuson Foundation
Anchorage, AK
Rasmuson Foundation funds Alaska nonprofits, tribes, and local governments across a broad range of community needs, from small purchases to major capital and strategic projects. Grants range from $50 to $1 million, with a 2024 median of $5,000; Tier 1 awards are up to $35,000, Community Support grants up to $250,000, and Legacy grants exceed $250,000. Tier 1 applications are accepted year-round on a rolling basis; strategic grants are by invitation.
Assets
$845.4M
Grants
300
Total Given
$17.7M
Bristol Bay Foundation
Anchorage, AK
Bristol Bay Foundation funds education and cultural heritage projects, including scholarships for eligible BBNC shareholders and descendants and grants that preserve Bristol Bay’s Indigenous culture and way of life. In 2024, grants ranged from $200 to $16,000, with a median of $2,500; funding is for organizations in the Bristol Bay region or projects benefiting BBNC shareholders. It accepts unsolicited proposals through its online application process.
Assets
$40.8M
Grants
290
Total Given
$988K
More similar funders
More Funders in Alaska
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from UIC 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.
UIC Foundation Inc down — hundreds of funders to go?