JT Foundation Inc
JT Foundation Inc is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44K in total assets. In 2024, it made $302 in qualifying distributions.
JT Foundation Inc at a glance
- Total assets
- $44,271
- +0.0% vs 2023
- Revenue (2024)
- $605
- -16.6% vs 2023
- Qualifying distributions (2024)
- $302
- -16.6% vs 2023
- Expenses (2024)
- $605
- -16.6% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who JT Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How JT Foundation Inc gives
- In 2024 it paid out 14% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2021 to 2022, annual grant giving ranged from $15K (2021) to $15K (2022). In 2022 it made 3 grants totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Jude Children's Research Hospital Memphis, TN | Medical Research; Healthcare | $5,000 |
| Tunnel to Towers Foundation Staten Island, NY | Social Welfare | $5,000 |
| Shriners Hospital for Children Topeka, KS | Healthcare | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $44,271 | $605 | $605 | — | — | $302 | $2,154 |
| 2023 | $44,271 | $725 | $725 | — | — | $362 | $2,180 |
| 2022 | $44,273 | $736 | $15,730 | $15,000 | 3 | $15,365 | $2,888 |
| 2021 | $59,267 | $557 | $15,550 | $15,000 | 3 | $15,275 | $3,627 |
| 2020 | $74,260 | $1,855 | $1,825 | — | — | — | $3,657 |
Under IRS private-foundation payout rules, JT Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
JT Foundation Inc is led by James Tracey II, CEO, CFO, President, Treasurer, Secretary & Director on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
James Tracey II
CEO, CFO, President, Treasurer, Secretary & Director
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 JT Foundation Inc
How large is JT Foundation Inc?
JT Foundation Inc reported $44K in total assets on its 2024 IRS Form 990-PF. It paid out $302 in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does JT Foundation Inc operate?
JT Foundation Inc has awarded grants in Florida, Kansas, New York, Tennessee.
What is JT Foundation Inc's EIN?
JT Foundation Inc's EIN (Employer Identification Number) is 20-4244203. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work JT Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in JT Foundation Inc's focus areas in our free grants database
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