Tripp & Blair Rackley Family Foundation Inc

Private foundation · Grantmaker Atlanta, GA EIN: 26-1586843

Tripp & Blair Rackley Family Foundation Inc is a private foundation based in Atlanta, Georgia. Its 2024 filing reports 11 grants totaling $920,765, including support for charitable organizations in California, Georgia, and Tennessee.

Tripp & Blair Rackley Family Foundation Inc at a glance

In short: Tripp & Blair Rackley Family Foundation Inc gave $921K across 11 grants in 2024 (avg $84K), mostly in California. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$920,765
+8.3% vs 2023
Grants made (2024)
11
+10.0% vs 2023
Average grant
$83,706
-1.5% vs 2023
Median grant
$25,000
Total assets
$13,584,282
-5.0% vs 2023
New grantees (estimate)
18% first-time grantees (2 of 11, 2024; small sample)
Primary geography
California (59% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Tripp & Blair Rackley Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 850 W Conway Dr Nw, Atlanta, GA 30327
Phone: (404) 202-0477

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Tripp & Blair Rackley Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Schwab Charitable: $539KSchwab Charitable$539KGeorgia Tech Athletic Association: $183KGeorgia Tech AthleticAssociation$183KGeorgia Tech Foundation: $61KGeorgia Tech Foundation$61KCAMP SOUTHERN GROUND inc: $50KCAMP SOUTHERN GROUND inc$50KPeachtree Road UMC: $39KPeachtree Road UMC$39KMasters Tournament Foundation: $25KMasters Tournament Foundation$25KCamp Twin Lakes Inc: $10KCamp Twin Lakes Inc$10KDucks Unlimited: $10KDucks Unlimited$10KMadison Morgan Conservancy: $2KMadison Morgan Conservancy$2KAlexander Tharpe Fund: $2KAlexander Tharpe Fund$2K

The largest 2024 recipient was Schwab Charitable ($539K). Together the top 10 received $920K.

Grant Size Distribution

59 grants across all recorded years

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

The most common grant size was under $50K: 42 grants of 59 (71%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars went to recipients in California (59%), Georgia (40%), and Tennessee (1%). These shares describe the locations of 2024 grant recipients.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

AtlantaSan FranciscoMadisonMemphisAugustaClevelandFayettevilleLansdaleMiamiNewnanOwassoSalt Lake CitySpartanburg

Is Tripp & Blair Rackley Family Foundation Inc open to new grantees?

18%

first-time grantees, 2024

In 2024, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $38K; repeat grants $94K. How we count

Medians: $38K first-time, $10K repeat.

  • 64% of 2024 grantees were also funded in 2023. Method
  • Giving grew 27% from 2021 to 2024. Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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

$0$250K$500K$750K$1M11 grants2020 13 grants2021 14 grants2022 10 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $613K (2020) to $921K (2024). In 2024 it made 11 grants totaling $921K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable San Francisco, CACharitable$538,965
Georgia Tech Athletic Association Atlanta, GACharitable$182,500
Georgia Tech Foundation Atlanta, GACharitable$61,000
CAMP SOUTHERN GROUND inc Fayetteville, GACharitable$50,000
Peachtree Road UMC Atlanta, GACharitable$38,500
Masters Tournament Foundation Augusta, GACharitable$25,000
Camp Twin Lakes Inc Atlanta, GACharitable$10,300
Ducks Unlimited Memphis, TNCharitable$10,000
Madison Morgan Conservancy Madison, GACharitable$2,000
Alexander Tharpe Fund Atlanta, GACharitable$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$13,584,282$176,517$1,040,367$920,76511$920,765$438,158$1,039,067
2023$14,296,268$1,067,362$1,037,489$850,00010$850,000$452,377$903,765
2022$14,266,395$3,837,273$1,037,673$900,00014$900,000$3,309,960$847,324
2021$11,466,795$1,035,294$858,245$726,65813$726,658$119,534$889,066
2020$11,289,746$656,153$750,078$613,26811—$119,501$724,459

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 September 2026.

Mission & Focus Areas

The available information does not state a mission or formal funding priorities for the foundation. Its 2024 grants show support for a range of charitable organizations. Georgia Tech Athletic Association describes its work as promoting Georgia Tech’s educational programs through student participation in athletics and empowering student-athletes in academics, competition, and life. Camp Southern Ground says it integrates typically developing children with neurodiverse, military, and underserved children in its summer camp, and supports veterans and their families through year-round programs. Camp Twin Lakes describes offering recreational and educational programs for campers facing serious illness, disabilities, and other challenges. Georgia Tech Alumni Association says it serves alumni and the Institute through programming and engagement that fosters lifelong relationships and philanthropic support.

Grantmaking

In 2024, the foundation made 11 grants totaling $920,765. Grant amounts ranged from $1,000 to $538,965, with a median of $25,000. The largest reported grants were $538,965 to Schwab Charitable, $182,500 to Georgia Tech Athletic Association, $61,000 to Georgia Tech Foundation, $50,000 to Camp Southern Ground, and $38,500 to Peachtree Road UMC. Other grants included $25,000 to Masters Tournament Foundation, $10,300 to Camp Twin Lakes, and $10,000 to Ducks Unlimited.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Brady Rackley III as president and Blair Rackley as secretary/treasurer.

Tripp & Blair Rackley Family Foundation Inc is led by Brady Rackley III, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brady Rackley III

    President

    On filings since 2020

    No compensation reported

  • Blair Rackley

    Secretary & Treasurer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Tripp & Blair Rackley Family Foundation Inc

How much does Tripp & Blair Rackley Family Foundation Inc give each year?

Tripp & Blair Rackley Family Foundation Inc gave $921K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $850K across 10 grants.

What is Tripp & Blair Rackley Family Foundation Inc's typical grant size?

Tripp & Blair Rackley Family Foundation Inc's median grant in 2024 was $25,000, and its average grant was $83,706, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Tripp & Blair Rackley Family Foundation Inc that year got $38K on average.

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

Tripp & Blair Rackley Family Foundation Inc gives mostly in California: 59% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (40%). The most frequent recipient cities were Atlanta, GA (6 grants).

Does Tripp & Blair Rackley Family Foundation Inc give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Tripp & Blair Rackley Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (11 grants).

Who are Tripp & Blair Rackley Family Foundation Inc's largest grantees?

Tripp & Blair Rackley Family Foundation Inc's largest 2024 grantees include Schwab Charitable ($538,965), Georgia Tech Athletic Association ($182,500) and Georgia Tech Foundation ($61,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.

How large is Tripp & Blair Rackley Family Foundation Inc?

Tripp & Blair Rackley Family Foundation Inc reported $13.6M in total assets on its 2024 IRS Form 990-PF. It paid out $921K in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Tripp & Blair Rackley Family Foundation Inc fund?

The available information does not state a mission or formal funding priorities for the foundation. Its 2024 grants show support for a range of charitable organizations. See mission & focus areas ↑

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

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Tripp & Blair Rackley Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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

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Cite this profile

Grantable. (2026). Tripp & Blair Rackley Family Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/tripp-and-blair-rackley-family-foundation-inc-morg_6e17037251f74294902b40a9aec10ee8

BibTeX
@misc{grantable_261586843_2026,
  author       = {{Grantable}},
  title        = {{Tripp \& Blair Rackley Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/tripp-and-blair-rackley-family-foundation-inc-morg_6e17037251f74294902b40a9aec10ee8},
  note         = {Accessed 2026-10-04. 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 Tripp & Blair Rackley Family Foundation Inc'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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