The Tractor and Equipment Company
The Tractor and Equipment Company is a private foundation based in Birmingham, Alabama. Its 2025 filing reports scholarship grants, and its stated scholarship rules limit eligibility to children of the company’s employees who are accepted—or have properly applied to be accepted—at an accredited institution of higher education.
The Tractor and Equipment Company at a glance
In short: The Tractor and Equipment Company gave $114K across 14 grants in 2025 (avg $8K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $114,430
- +20.1% vs 2024
- Grants made (2025)
- 14
- -22.2% vs 2024
- Average grant
- $8,174
- +54.4% vs 2024
- Median grant
- $7,993
- Total assets
- $89,566
- +1.6% vs 2024
- Primary geography
- Alabama (69% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Tractor and Equipment Company
- How to Apply
-
The filing names Jamie Steele as the contact for applications. It describes an application process for eligible scholarship applicants but does not specify application materials. The foundation states that it does not restrict giving to preselected organizations.
- Review Cycle
- March 1 each year.
- Deadline
- March 1 each year.
- Contact
Application contact: Jamie Steele
Mailing address: 5336 Airport Hwy, Birmingham, AL 35212
Phone: (205) 591-2131
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Tractor and Equipment Company funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was University of Alabama in Huntsville ($11K). Together the top 4 received $37K.
Organizations only. It also paid 10 individual scholarships ($77,090), which are not listed by name.
Grant Size Distribution
84 grants across all recorded years
The most common grant size was under $50K: 84 grants of 84 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 69% of grant dollars went to recipients in Alabama, 18% to recipients in Georgia, and 13% to recipients in Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
How The Tractor and Equipment Company gives
- Giving grew 27% from 2022 to 2025. Method
- In 2025 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 2019 to 2025, annual grant giving ranged from $90K (2022) to $167K (2021). In 2025 it made 14 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 10 individual scholarships Recipients not named | — | $77,090 |
| University of Alabama in Huntsville Cleveland, AL | Scholarship | $11,254 |
| University of West Georgia FBO Addi Phenix City, AL | Scholarship | $10,000 |
| University of Alabama at Birmingham Birmingham, AL | Scholarship | $9,986 |
| University of South Alabama FBO Hay Fairhope, AL | Scholarship | $6,100 |
Ready to take the next step with The Tractor and Equipment Company?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $89,566 | $125,000 | $123,630 | $114,430 | 14 | $123,630 | $7,127 |
| 2024 | $88,196 | $152,324 | $99,494 | $95,278 | 18 | $99,494 | $6,629 |
| 2023 | $35,366 | $100,000 | $117,868 | $114,035 | 16 | $117,868 | $4,433 |
| 2022 | $53,234 | $50,000 | $90,454 | $90,454 | 16 | $90,454 | $2,572 |
| 2021 | $93,688 | $150,000 | $169,197 | $167,491 | 20 | $167,491 | $2,338 |
| 2020 | $112,885 | $125,000 | $128,157 | $126,492 | 17 | — | $3,572 |
| 2019 | $116,042 | $260,000 | $163,325 | $161,691 | 18 | — | $3,596 |
Under IRS private-foundation payout rules, The Tractor and Equipment Company reported a distributable amount of $7K for 2025 — 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 available information does not state a mission. The 2025 grants listed are for scholarships, including awards associated with the University of Tennessee, Troy University, the University of Alabama in Huntsville, and the University of Alabama at Birmingham.
Grantmaking
In 2025, the foundation reported 14 grants totaling $114,430. Awards ranged from $3,015 to $15,000, with a median of $7,993. Among the largest reported awards were $15,000 to the University of Tennessee for a scholarship, $12,114 to Troy University for a scholarship, and $11,254 to the University of Alabama in Huntsville.
Scholarships are limited to children whose parents are company employees and who have been accepted, or have properly applied for acceptance, at an accredited institution of higher education. The foundation selects the most qualified applicants from those who apply. The number and amount of scholarships are determined in advance; annual awards are limited to no more than 25% of the eligible employee children described in the foundation’s rules.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists W Chad Stracener as president and Jamie Steele as secretary/treasurer.
The Tractor and Equipment Company is led by W. Chad Stracener, President on every filing since 2024; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
W. Chad Stracener
President
On filings since 2024
0.5 hrs/week
No compensation reported
Jamie Steele
Secretary & Treasurer
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: James Stracener (2019–2023) — President
Data from IRS Form 990 filings, 2019–2025. "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 The Tractor and Equipment Company
How much does The Tractor and Equipment Company give each year?
The Tractor and Equipment Company gave $114K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 18 grants.
What is The Tractor and Equipment Company's typical grant size?
The Tractor and Equipment Company's median grant in 2025 was $7,993, and its average grant was $8,174, across 14 grants on its 2025 IRS Form 990-PF.
Where does The Tractor and Equipment Company give grants?
The Tractor and Equipment Company gives mostly in Alabama: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Georgia (18%) and Tennessee (13%).
Does The Tractor and Equipment Company give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on The Tractor and Equipment Company's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (14 grants).
Who are The Tractor and Equipment Company's largest grantees?
The Tractor and Equipment Company's largest 2025 grantees include University of Alabama in Huntsville ($11,254), University of West Georgia FBO Addi ($10,000) and University of Alabama at Birmingham ($9,986), according to its 2025 IRS Form 990-PF. It also paid 10 individual scholarships ($77,090), which are not listed by name. Together they received 27% of its itemized 2025 grant dollars.
How large is The Tractor and Equipment Company?
The Tractor and Equipment Company reported $90K in total assets on its 2025 IRS Form 990-PF. It paid out $124K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What does The Tractor and Equipment Company fund?
The available information does not state a mission. The 2025 grants listed are for scholarships, including awards associated with the University of Tennessee, Troy University, the University of Alabama in Huntsville, and the University of Alabama at Birmingham. See mission & focus areas ↑
How do I apply for a grant from The Tractor and Equipment Company?
The filing names Jamie Steele as the contact for applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Tractor and Equipment Company's EIN?
The Tractor and Equipment Company's EIN (Employer Identification Number) is 63-0718825. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in The Tractor and Equipment Company's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Mouron Family Foundation
Birmingham, AL
The Mouron Family Foundation supports scholarships and general charitable purposes, with 2024 grants ranging from $1,000 to $45,500 and a median of $4,500. Most funding went to Alabama organizations, with some grants in Virginia, Florida, Mississippi, and Louisiana. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.7M
Grants
32
Total Given
$254K
The Mabel Amos Memorial Fund
Montgomery, AL
The Mabel Amos Memorial Fund provides scholarships to young men and women from Alabama attending any educational institution. In 2025, it awarded 18 grants totaling $373,600, ranging from $500 to $150,850, with a median award of $4,750. It does not state whether it accepts unsolicited requests; applicants are directed to contact Regions Bank and apply through a link shared by high school counselors.
Assets
$6.3M
Grants
18
Total Given
$374K
Andalusia Health Services Inc
Andalusia, AL
Andalusia Health Services Inc. primarily funds health-care education and scholarships, including training in medicine, nursing, and related fields, along with some health and community services. Its 2025 grants ranged from $2,000 to $29,000, with a median of $4,500; giving was concentrated in Alabama, and its scholarship program serves Covington County residents who agree to work there after completing their studies. The filing describes scholarship applications but does not state whether it accepts unsolicited requests for other grants.
Assets
$3.0M
Grants
20
Total Given
$201K
The Robert and Lois Luckie Charitable
Birmingham, AL
The Robert and Lois Luckie Charitable funds a range of charitable organizations, with most of its giving going to Alabama and smaller amounts to California and Texas. Its 2025 grants ranged from $500 to $15,000, with a median of $3,500. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.8M
Grants
23
Total Given
$107K
Hill Crest Foundation Inc
Mountain Brook, AL
Hill Crest Foundation funds tax-exempt organizations, with recent grants supporting children, hunger relief, health, education, arts, and community programs, primarily in Alabama. Its 2025 grants ranged from $800 to $300,000, with a median of $25,000. It accepts written applications describing the request’s purpose and the applicant organization; no deadline is stated.
Assets
$73.0M
Grants
91
Total Given
$3.1M
Alfa Foundation
Montgomery, AL
The foundation’s 2025 grants supported nonprofits working in agriculture, education, health, arts, community services, and weather research, with 91% of grant dollars going to Alabama. Grants totaled about $1.7 million across 93 awards, ranging from $250 to $944,500, with a median of $5,000; it also offers 100 annual scholarships of $1,000 for eligible students attending Alabama post-secondary institutions. The available information does not say whether it accepts unsolicited requests.
Assets
$30.7M
Grants
93
Total Given
$1.7M
More similar funders
More Funders in Alabama
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Tractor and Equipment Company'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.
The Tractor and Equipment Company down — hundreds of funders to go?