Tracy Forrest Foundation Inc

Foundation · Grantmaker Sanford, FL EIN: 26-3934858

Tracy Forrest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sanford, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 6 grants totaling $49K.

Key facts about Tracy Forrest Foundation Inc

EIN
26-3934858
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$48,894
Grants made (2024)
6
Average grant
$8,149
Median grant
$7,595
Total assets
$9,789
Primary geography
Florida (41% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Tracy Forrest Foundation Inc funds

By grant dollars, the top recipient states for Tracy Forrest Foundation Inc's 6 itemized 2024 grants were Florida (41%), Wisconsin (34%) and New York (20%). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (6 grants).

How Tracy Forrest Foundation Inc gives

  • Giving grew 3160% 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.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10K

-86.3% YoY

Annual Giving

$49K

+184.3% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$8K

+184.3% YoY

Under IRS private-foundation payout rules, Tracy Forrest Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Tracy Forrest Foundation Inc

Based on IRS filings

Tracy Forrest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sanford, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 6 grants totaling $49K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 6 itemized 2024 grant dollars.

Cities

OrlandoColumbia FallsKanabLakelandAltamonte SpringsAuburndaleBrooklynLittletonLoxahatchee GrovesMartinsburgOshkoshSanfordWinterpark

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$148K$296K$444K$592K20202021202220232024
Metric202420232022
Total Assets$9,789$71,273$253,582
Revenue$251,351$102,962$537,778
Expenses$312,835$285,271$288,770
Qualifying Distributions$75,904$28,249$18,387
Net Investment Income—$9—
Distributable Amount$4,339$9,032$1,853

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$37K$49K2 grants20201 grants20213 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

EAA Aviation Foundation: $17KEAA Aviation Foundation$17KBig Dog Ranch Rescue: $15KBig Dog Ranch Rescue$15KPilots to the Rescue: $10KPilots to the Rescue$10KSunCoast Bassett Rescue: $5KSunCoast Bassett Rescue$5KWreaths Across America: $2KWreaths Across America$2KWestview Baptist Church: $500Westview Baptist Church$500

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include EAA Aviation Foundation ($16,500), Big Dog Ranch Rescue ($15,000), Pilots to the Rescue ($10,000).

RecipientPurposeAmount
EAA Aviation Foundation Oshkosh, WIPROGRAM SUPPORT$16,500
BIG DOG RANCH RESCUE Loxahatchee groves, FLPROGRAM SUPPORT$15,000
Pilots to the Rescue Brooklyn, NYPROGRAM support$10,000
SunCoast Bassett Rescue Auburndale, FLPROGRAM Support$5,190
WREATHS ACROSS AMERICA Columbia Falls, MEPROGRAM SUPPORT$1,704
WESTVIEW BAPTIST CHURCH Martinsburg, WVPROGRAM SUPPORT$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Carol Rae Lovenbury — President: $102KCarol Rae LovenburyPresident$102KLisa Harris — Treasurer & Secretary: $69KLisa HarrisTreasurer & Secretary$69KHilary Kaiser — Director: $54KHilary KaiserDirector$54K

From 2024 IRS filing

NameTitleHoursCompensation
Carol Rae LovenburyPresident—$101,956
Lisa HarrisTreasurer & Secretary—$68,972
Hilary KaiserDirector—$54,214

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Tracy Forrest Foundation Inc?

Tracy Forrest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sanford, FL. It holds $10K in total assets as of 2024.

How large is Tracy Forrest Foundation Inc?

As of 2024, Tracy Forrest Foundation Inc holds $10K in total assets with $251K in annual revenue. It awarded 6 grants totaling $49K in 2024.

Where does Tracy Forrest Foundation Inc operate?

Tracy Forrest Foundation Inc has awarded grants in Colorado, Florida, Maine, New York, Utah, Wisconsin, West Virginia.

What size grants does Tracy Forrest Foundation Inc award?

In 2024, Tracy Forrest Foundation Inc awarded 6 grants totaling $49K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Tracy Forrest Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tracy Forrest Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tracy Forrest Foundation Inc's EIN?

Tracy Forrest Foundation Inc's EIN (Employer Identification Number) is 26-3934858. IRS Form 990 filing data is available on this page for 2020–2024.

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

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