Tripp & Blair Rackley Family Foundation Inc

ATLANTA, GA EIN: 26-1586843

The Tripp & Blair Rackley Family Foundation Inc is a private 501(c)(3) grantmaking foundation based in Atlanta, Georgia. Established in 2007 and tax-exempt since March 2009, the foundation operates as a family foundation with a focus on philanthropic giving across multiple states and communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.6M

-5.0% YoY

Annual Giving

$921K

+8.3% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$84K

-1.5% YoY

Under IRS private-foundation payout rules, Tripp & Blair Rackley Family Foundation Inc reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports initiatives in Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. The foundation does not specify particular subject areas of focus in its formal funding activities documentation.

Grantmaking

The foundation has made grants to organizations across multiple states and cities including Atlanta, Cleveland, Lansdale, Madison, Memphis, Newnan, Salt Lake City, San Francisco, and Spartanburg.

Grant Range

$25,000

Average Grant

amount: $389–$64,300 (varies by reporting source)

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in:

  • Primary states: Georgia, Tennessee, California
  • Additional states: Ohio, Pennsylvania, South Carolina, Utah
  • Cities served: Atlanta, Cleveland, Lansdale, Madison, Memphis, Newnan, Salt Lake City, San Francisco, Spartanburg

Grant Distribution by State

9states
+1 more states

Cities

AtlantaAugustaClevelandFayettevilleLansdaleMadisonMemphisMiamiNewnanOwassoSalt Lake CitySan FranciscoSpartanburg

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $14.3 million
  • Total Revenue: $1.07 million
  • Total Expenses: $1.04 million
  • Total Liabilities: $0
  • Investment income and dividends: $586,773
  • Grants and contributions received: $478,424

As of 2024:

  • Total Assets: $22 million (per latest e-filing)
  • Total Distributions: $921,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$13,584,282$14,296,268$14,266,395
Revenue$176,517$1,067,362$3,837,273
Expenses$1,040,367$1,037,489$1,037,673
Qualifying Distributions$920,765$850,000$900,000
Net Investment Income$438,158$452,377$3,309,960
Distributable Amount$1,039,067$903,765$847,324

Giving Over Time

Total grant dollars and number of grants per year

$0$230K$460K$691K$921K11 grants202013 grants202114 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SCHWAB CHARITABLE$539KGEORGIA TECH ATHLETIC AS…$183KGEORGIA TECH FOUNDATION$61KCAMP SOUTHERN GROUND inc$50KPEACHTREE ROAD UMC$39Kmasters tournament found…$25KCAMP TWIN LAKES INC$10KDUCKS UNLIMITED$10KMADISON MORGAN CONSERVANCY$2KALEXANDER THARPE FUND$2K

Grant Size Distribution

59 grants across all recorded years

42<$50K8$50–100K4$100–250K1$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Schwab Charitable ($538,965), Georgia Tech Athletic Association ($182,500), Georgia Tech Foundation ($61,000).

RecipientPurposeAmount
SCHWAB CHARITABLE SAN FRANCISCO, CACHARITABLE$538,965
GEORGIA TECH ATHLETIC ASSOCIATION ATLANTA, GACHARITABLE$182,500
GEORGIA TECH FOUNDATION ATLANTA, GACHARITABLE$61,000
DUCKS UNLIMITED MEMPHIS, TNCHARITABLE$10,000
CAMP SOUTHERN GROUND inc fayetteville, GACHARITABLE$50,000
ALEXANDER THARPE FUND ATLANTA, GACHARITABLE$1,500
CAMP TWIN LAKES INC ATLANTA, GACHARITABLE$10,300
MADISON MORGAN CONSERVANCY MADISON, GACHARITABLE$2,000
PEACHTREE ROAD UMC ATLANTA, GACHARITABLE$38,500
GEORGIA TECH ALUMNI ASSOCIATION ATLANTA, GACHARITABLE$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Brady Rackley III – President (serves without compensation)
  • Blair Rackley – Secretary/Treasurer (serves without compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRADY RACKLEY IIIPRESIDENT
BLAIR RACKLEYSECRETARY/TREASURER

Contact Information

Address: 850 W Conway Dr NW, Atlanta, GA 30327-3611

Phone: 404-202-0477

EIN: 26-1586843

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Tripp & Blair Rackley Family Foundation Inc fund?

The foundation supports initiatives in Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. The foundation does not specify particular subject areas of focus in its formal funding activities documentation.

How do I apply for a grant from Tripp & Blair Rackley Family Foundation Inc?

**Grant Activity:** • Total giving in 2023: $920,765 • Total giving in 2024: $921,000 • Number of grants made: 11 grants (2023) • Median grant size: $25,000 • Grant range: $305 to $656,945 • Average grant amount: $389–$64,300 (varies by reporting source) **Recent Grantees (2023):** • Georgia Tech Athletic Association: $175,000 • Georgia Tech Foundation: $41,000 • Path Foundation: $5,000 The foundation has made grants to organizations across multiple states and cities including Atlanta, Clevelan…

Where does Tripp & Blair Rackley Family Foundation Inc make grants?

The foundation primarily funds initiatives in: • **Primary states:** Georgia, Tennessee, California • **Additional states:** Ohio, Pennsylvania, South Carolina, Utah • **Cities served:** Atlanta, Cleveland, Lansdale, Madison, Memphis, Newnan, Salt Lake City, San Francisco, Spartanburg

What size grants does Tripp & Blair Rackley Family Foundation Inc award?

In 2024, Tripp & Blair Rackley Family Foundation Inc awarded 11 grants totaling $921K — an average of about $84K per grant, based on its IRS Form 990 filings.

How much is Tripp & Blair Rackley Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tripp & Blair Rackley Family Foundation Inc reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tripp & Blair Rackley Family Foundation Inc's EIN?

Tripp & Blair Rackley Family Foundation Inc's EIN (Employer Identification Number) is 26-1586843. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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