Tracy Foundation
Tracy Foundation is a private foundation based in Sarasota, Florida. Its 2025 filing reports 14 grants totaling $247,500. Listed recipients include community, civil-liberties, education, aging, disability-services, and therapy organizations.
Tracy Foundation at a glance
In short: Tracy Foundation gave $248K across 14 grants in 2025 (avg $18K), mostly in Montana. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $247,500
- +2.7% vs 2024
- Grants made (2025)
- 14
- +27.3% vs 2024
- Average grant
- $17,679
- -19.3% vs 2024
- Median grant
- $7,500
- Total assets
- $1,342,534
- +3.8% vs 2024
- New grantees (estimate)
- 36% first-time grantees (5 of 14, 2025; small sample)
- Primary geography
- Montana (68% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Tracy Foundation
- How to Apply
-
The 2024 filing says the foundation does not restrict giving to preselected organizations, and lists Peter Tracy as the contact and a letter as the application form. The Tracy Family Foundation website says applications begin with an online pre-application and that program eligibility requirements apply. The 2024 filing lists no restrictions on awards.
- Review Cycle
- None, according to the 2024 filing.
- Deadline
- None, according to the 2024 filing.
- Contact
Application contact: Peter Tracy
Mailing address: 700 John Ringling Blvd Apt 1612, Sarasota, FL 34236
Phone: (406) 892-3055
Website: https://tracyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Tracy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Whitefish Community Foundation ($128K). Together the top 10 received $233K.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 63 grants of 67 (94%).
Geographic Focus
Where this funder awards grants
The 2025 grants were concentrated in Montana, which received 68% of grant dollars, and Florida, which received 15%. New York received 6%, Michigan 4%, and Ohio 2%. Listed recipients were also located in California and Wisconsin.
The Tracy Family Foundation website describes annual-program eligibility centered on specified Illinois counties: Adams, Brown, Cass, Greene, Hancock, McDonough, Morgan, Pike, Schuyler, and Scott. It says that organizations outside those counties may apply by invitation for annual grants.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is Tracy Foundation open to new grantees?
36%
first-time grantees, 2025
In 2025, 5 of 14 grantees (36%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $9K; repeat grants $23K. How we count
Medians: $5K first-time, $10K repeat.
- 36% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+20%). Method
- In 2025 it paid out 394% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $206K (2023) to $269K (2021). In 2025 it made 14 grants totaling $248K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Whitefish Community Foundation Whitefish, MT | To fund boys club activities and other community benefit programs | $128,000 |
| Montana Innocence Project Missoula, MT | To Support the Organization's Programs | $20,000 |
| ACLU of Montana Foundation Inc Missoula, MT | Services to protect and extend basic rights for everyone | $20,000 |
| Plymouth Harbor Foundation Sarasota, FL | To support a positive aging experience to the aging community | $15,000 |
| Equishui Brewster, NY | To Provide Equine Therapy Services for the Disadvantaged | $15,000 |
| Angels Place Southfield, MI | To Provide Services for Adults with Developmental Disabilities | $10,000 |
| Education Foundation of Sarasota County Sarasota, FL | To Promote Quality Education for All Children | $10,000 |
| Warren High School Vincent, OH | To Support Extracurricular Activities | $5,000 |
| Temple Beth Israel of Longboat Key Longboat, FL | To Support the Organization's Programs | $5,000 |
| Florida West Coast Public Broadcasting Inc (Wedu) Tampa, FL | Area of Greatest Need | $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 | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,342,534 | $160,661 | $247,897 | $247,500 | 14 | $247,788 | $160,656 | $62,920 |
| 2024 | $1,293,151 | $155,831 | $253,460 | $241,000 | 11 | $243,197 | $153,633 | $62,648 |
| 2023 | $1,342,792 | $113,129 | $209,017 | $206,000 | 15 | $207,564 | $111,676 | $72,524 |
| 2022 | $1,683,700 | $155,179 | $214,456 | $207,000 | 11 | $209,881 | $152,404 | $80,619 |
| 2021 | $1,606,615 | $126,002 | $269,103 | $269,000 | 16 | — | $126,002 | $77,069 |
Under IRS private-foundation payout rules, Tracy Foundation reported a distributable amount of $63K 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 Tracy Family Foundation says it was created by the Robert and Dorothy Tracy family and seeks to make the world a better place through engaged, thoughtful, and strategic philanthropy. Its stated values include honoring family legacy, listening to communities, respecting faiths while remaining rooted in Catholic and Christian faith, building authentic connections, and challenging what is possible.
The foundation’s website lists annual grant focus areas of education, families, youth, mental health, or Brown County, Illinois. Its programs include grants for Brown County public schools, Catholic schools, and early-learning library initiatives. The website says it awards grants to schools, government agencies, and public charities with 501(c)(3) tax-exempt status, and does not award grants to individuals.
Among the organizations receiving 2025 grants, Whitefish Community Foundation describes its mission as fostering philanthropy, building endowments, and helping donors and nonprofits benefit its community. Montana Innocence Project says it works to free innocent and unjustly incarcerated people and advocate for accurate, accountable, and fair justice systems. ACLU of Montana Foundation describes its mission as defending, preserving, and advancing civil liberties. Education Foundation of Sarasota County says it seeks to enhance student potential, promote excellence in teaching, and inspire educational innovation. Angels’ Place says it provides loving homes and professional support to people with intellectual and developmental disabilities.
Grantmaking
In 2025, the foundation reported 14 grants totaling $247,500. Grants ranged from $2,000 to $128,000, with a median of $7,500. Its largest listed awards were $128,000 to Whitefish Community Foundation for Boys Club activities and other community-benefit programs; $20,000 each to Montana Innocence Project and ACLU of Montana Foundation; and $15,000 each to Plymouth Harbor Foundation and Equishui.
The foundation also gave $10,000 to Angels’ Place and $10,000 to Education Foundation of Sarasota County. Other listed recipients included Warren High School, Temple Beth Israel of Longboat Key, Florida West Coast Public Broadcasting, Davidson Middle School, and EHE Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Peter Tracy as president, Sherry Tracy as secretary, and Adam Tracy and David Tracy as directors.
Tracy Foundation is led by Peter Tracy, President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter Tracy
President
On filings since 2021
2 hrs/week
No compensation reported
Adam Tracy
Director
On filings since 2021
0.1 hrs/week
No compensation reported
David Tracy
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Sherry Tracy
Secretary
On filings since 2021
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Foundation
How much does Tracy Foundation give each year?
Tracy Foundation gave $248K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $241K across 11 grants.
What is Tracy Foundation's typical grant size?
Tracy Foundation's median grant in 2025 was $7,500, and its average grant was $17,679, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Tracy Foundation that year got $9K on average.
Where does Tracy Foundation give grants?
Tracy Foundation gives mostly in Montana: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (15%) and New York (6%). The most frequent recipient cities were Sarasota, FL (3 grants) and Missoula, MT (2 grants).
Does Tracy Foundation give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Tracy Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Tracy Foundation's largest grantees?
Tracy Foundation's largest 2025 grantees include Whitefish Community Foundation ($128,000), Montana Innocence Project ($20,000) and ACLU of Montana Foundation Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.
How large is Tracy Foundation?
Tracy Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $248K in qualifying distributions that year, against a required minimum of $63K (roughly 5% of its investment assets).
What does Tracy Foundation fund?
The Tracy Family Foundation says it was created by the Robert and Dorothy Tracy family and seeks to make the world a better place through engaged, thoughtful, and strategic philanthropy. See mission & focus areas ↑
How do I apply for a grant from Tracy Foundation?
The 2024 filing says the foundation does not restrict giving to preselected organizations, and lists Peter Tracy as the contact and a letter as the application form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Tracy Foundation's EIN?
Tracy Foundation's EIN (Employer Identification Number) is 94-6129856. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Tracy Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Tracy Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/tracy-foundation-morg_c620964e92014dabace4f0f122215b42
BibTeX
@misc{grantable_946129856_2026,
author = {{Grantable}},
title = {{Tracy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tracy-foundation-morg_c620964e92014dabace4f0f122215b42},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Tracy Foundation'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.
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