Tracy Foundation
Tracy Foundation is a private foundation based in Sarasota, Florida, established in June 1962. The organization holds 501(c)(3) tax-exempt status and operates as an independent foundation providing philanthropic support through grants and scholarships.
Key facts about Tracy Foundation
- EIN
- 94-6129856
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $247,500
- Grants made (2025)
- 14
- Average grant
- $17,679
- Median grant
- $7,500
- New grantees (estimate)
- 36% first-time grantees (5 of 14, 2025)
- Total assets
- $1,342,534
- Primary geography
- Montana (68% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Tracy Foundation funds
By grant dollars, the top recipient states for Tracy Foundation's 14 itemized 2025 grants were Montana (68%), Florida (15%) and New York (6%). The most frequent recipient cities were Sarasota, FL (3 grants) and Missoula, MT (2 grants). None of its 14 grants with a stated purpose were described as general or operating support.
Is Tracy Foundation open to new grantees?
36%
first-time grantees, 2025
In 2025, 5 of 14 grantees (36%) were first-time recipients. 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 IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Tracy Foundation
- How to evaluate Tracy Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
+3.8% YoY
Annual Giving
$248K
+2.7% YoY
Grant Count
14
+27.3% YoY
Avg Grant Size
$18K
-19.3% YoY
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.
Mission & Focus Areas
The foundation provides funding for scholarships and focuses its grantmaking on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Human Rights
- Social Justice
- Agricultural Education and Organic Farming
Grantmaking
The foundation does not currently list live grant opportunities.
Ready to take the next step with Tracy Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily directs funding to organizations in:
- Florida
- Montana
- Wisconsin
Grant Distribution by State
Share of all 14 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024–2025):
| Metric | Amount |
|---|---|
| Total Assets | $1,342,534 |
| Total Revenue | $155,831 |
| Total Expenses | $253,460 |
| Total Giving | $247,500–$248,000 |
| Net Income | -$97,629 |
| Total Liabilities | $0 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,342,534 | $1,293,151 | $1,342,792 |
| Revenue | $160,661 | $155,831 | $113,129 |
| Expenses | $247,897 | $253,460 | $209,017 |
| Qualifying Distributions | $247,788 | $243,197 | $207,564 |
| Net Investment Income | $160,656 | $153,633 | $111,676 |
| Distributable Amount | $62,920 | $62,648 | $72,524 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Whitefish Community Foundation ($128,000), Montana Innocence Project ($20,000), Aclu of Montana Foundation Inc ($20,000).
| 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 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by family members:
- Peter Tracy – President (2 hours/week, unpaid)
- Sherry Tracy – Secretary (0.1 hours/week, unpaid)
- Adam Tracy – Director (0.1 hours/week, unpaid)
- David Tracy – Director (0.1 hours/week, unpaid)
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter Tracy | President | 2 | — |
| Sherry Tracy | Secretary | 0.1 | — |
| Adam Tracy | Director | 0.1 | — |
| David Tracy | Director | 0.1 | — |
Contact Information
Address: 700 John Ringling Blvd Apt 1612, Sarasota, FL 34236-1541
Telephone: 406-270-8006
Frequently Asked Questions
What does Tracy Foundation fund?
The foundation provides funding for scholarships and focuses its grantmaking on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Human Rights • Social Justice • Agricultural Education and Organic Farming
How do I apply for a grant from Tracy Foundation?
**Grant Activity:** • Total giving: $247,500–$248,000 (most recent fiscal year) • Typical award range: $2,000–$128,000 • Median grant amount: $7,500 • Number of grants: 14–15 grants annually The foundation does not currently list live grant opportunities.
Where does Tracy Foundation make grants?
The foundation primarily directs funding to organizations in: • Florida • Montana • Wisconsin
What size grants does Tracy Foundation award?
In 2025, Tracy Foundation awarded 14 grants totaling $248K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Tracy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Tracy Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.