Tracy Farmer Foundation Inc

Private foundation · Grantmaker Midway, KY EIN: 59-3477176

Tracy Farmer Foundation Inc is a private foundation, based in Midway, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $475K in total assets. In 2025, it awarded 7 grants totaling $76K. Net investment income was $2K.

Key facts about Tracy Farmer Foundation Inc

In short: Tracy Farmer Foundation Inc gave $76K across 7 grants in 2025 (avg $11K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
59-3477176
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$75,500
Grants made (2025)
7
Average grant
$10,786
Median grant
$6,000
Total assets
$474,510
Primary geography
Kentucky (68% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$475K

-17.8% YoY

Annual Giving

$76K

+109.7% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$11K

+79.8% YoY

Under IRS private-foundation payout rules, Tracy Farmer Foundation Inc reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Tracy Farmer Foundation Inc gives

  • In 2025 it paid out 278% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

LexingtonWashingtonHarrodsburgLouisvilleNaplesAirvilleChathamElmontVersaillesGeorgetownNew YorkSaratoga Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants2019 9 grants2020 6 grants2021 9 grants2023 6 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $34K (2019) to $102K (2023). In 2025 it made 7 grants totaling $76K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

JB Speed Art Museum: $40KJB Speed Art Museum$40KJohn F Kennedy Center for the Performing Arts: $15KJohn F Kennedy Center for thePerforming Arts$15KShaker Village of Pleasant Hill: $10KShaker Village of PleasantHill$10KOmega Horse Rescue and Rehabilitation Center Inc: $6KOmega Horse Rescue andRehabilitation Center Inc$6KGrayson-Jockey Club Research Foundation Inc: $2KGrayson-Jockey Club ResearchFoundation Inc$2KHeadley-Whitney Museum: $2KHeadley-Whitney Museum$2KEquine Advocates Inc: $1KEquine Advocates Inc$1K

The largest 2025 recipient was JB Speed Art Museum ($40K). Together the top 7 received $76K.

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 37 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
JB Speed Art Museum Louisville, KYTo promote the discovery of the joy and power of great art$40,000
John F Kennedy Center for the Performing Arts Washington, DCTo Promote Education Through the Arts$15,000
Shaker Village of Pleasant Hill Harrodsburg, KYTo Support the Historical Landmark$10,000
Omega Horse Rescue and Rehabilitation Center Inc Airville, PATo Promote the Rehabilitation and Adoption of Horses$6,000
Grayson-Jockey Club Research Foundation Inc New York, NYTo fund research to enhance the safety and health of the horse$2,000
Headley-Whitney Museum Lexington, KYTo connect people with cultures through the collection, interpretation, and exhibition of the arts$1,500
Equine Advocates Inc Chatham, NYTo rescue, protect and prevent the abuse of equines$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2020 2021 2023 2024 2025
Metric202520242023
Total Assets$474,510$577,124$605,228
Revenue$-14,703$16,262$46,115
Expenses$87,911$45,342$111,437
Qualifying Distributions$79,020$37,660$103,852
Net Investment Income$2,098$8,580$2,558
Distributable Amount$28,442$30,459$28,389

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 22, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 6, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Tracy Farmer Foundation Inc is led by Tracy Farmer, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Tracy Farmer

    President & Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Carol Farmer

    Secretary & Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Del Farmer

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

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 Tracy Farmer Foundation Inc

How much does Tracy Farmer Foundation Inc give each year?

Tracy Farmer Foundation Inc gave $76K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 6 grants.

What is Tracy Farmer Foundation Inc's typical grant size?

Tracy Farmer Foundation Inc's median grant in 2025 was $6,000, and its average grant was $10,786, across 7 grants on its 2025 IRS Form 990-PF.

Where does Tracy Farmer Foundation Inc give grants?

Tracy Farmer Foundation Inc gives mostly in Kentucky: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (20%) and Pennsylvania (8%).

Does Tracy Farmer Foundation Inc give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Tracy Farmer Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Tracy Farmer Foundation Inc's largest grantees?

Tracy Farmer Foundation Inc's largest 2025 grantees include JB Speed Art Museum ($40,000), John F Kennedy Center for the Performing Arts ($15,000) and Shaker Village of Pleasant Hill ($10,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is Tracy Farmer Foundation Inc?

Tracy Farmer Foundation Inc reported $475K in total assets on its 2025 IRS Form 990-PF. It paid out $79K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).

What is Tracy Farmer Foundation Inc's EIN?

Tracy Farmer Foundation Inc's EIN (Employer Identification Number) is 59-3477176. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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