The Tractor and Equipment Company
The Tractor and Equipment Company Foundation is a private foundation (501(c)(3)) based in Birmingham, Alabama. Established in August 1978, it operates as a grantmaking organization dedicated to supporting educational and charitable initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88K
+149.4% YoY
Annual Giving
$95K
-16.4% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$5K
-25.7% YoY
Mission & Focus Areas
The foundation primarily funds scholarships to provide opportunities for students to pursue quality education. Additionally, the foundation supports charitable causes, with a particular focus on maternal and child health initiatives.
Primary funding areas include:
- Education: Scholarship programs for students at universities
- Human Services: Support for charitable organizations
- Health: Maternal and child health initiatives
Grantmaking
The foundation primarily funds organizations in Alabama, Virginia, and Tennessee.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $88,196
- Total Revenue: $152,324
- Total Expenses: $99,494
- Net Income: $52,830
Prior Year (2023):
- Total Assets: $35,366
- Total Revenue: $100,000
- Total Expenses: $117,868
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $88,196 | $35,366 | $53,234 |
| Revenue | $152,324 | $100,000 | $50,000 |
| Expenses | $99,494 | $117,868 | $90,454 |
| Qualifying Distributions | $99,494 | $117,868 | $90,454 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,629 | $4,433 | $2,572 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W CHAD STRACENER | PRESIDENT | 0.5 | — |
| JAMIE STEELE | SECRETARY/TREASURER | 0.5 | — |
Related Funders
Similar funders by location and focus area
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A Hays Zieman & Christine B Zieman
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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