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Trace Foundation is a private corporation based in ANNAPOLIS, MD. The foundation received its IRS ruling in 2016. The principal officer is % Alexandra Wrage. It holds total assets of $2.9M. Annual income is reported at $830K. THE TRACE PRIZE FOR INVESTIGATIVE REPORTING RECOGNIZES JOURNALISM THAT UNCOVERS BUSINESS BRIBERY WITH THE GOAL OF INCREASING COMMERCIAL TRANSPARENCY.NOMINEES MAY BE PRINT, BROADCAST OR ONLINE REPORTERS FROM ANY COUNTRY WHO HAVE INVESTIGATED COMMERCIAL BRIBERY SCHEMES, BUSINESS ACTIVITIES THAT CREATE SERIOUS CONFLICTS OF INTEREST OR SIMILAR MISCONDUCT. ENTRIES MUST HAVE APPEARED IN PRINT OR ONLINE DURING THE YEAR PRECEDING THE AWARD. MULTIPLE ENTRIES PER AUTHOR ARE PERMITTED, AS ARE TEAM ENTRIES PRODUCED BY GROUPS OF JOURNALISTS. A PANEL OF INDEPENDENT JUDGES REVIEW THE SUBMISSIONS AND SELECT UP TO TWO WINNING ENTRIES. EACH WINNING ENTRY RECEIVES A CASH PRIZE OF $10,000 USD AND THE REPORTER WILL BE INVITED TO AN AWARD CEREMONY HOSTED BY TRACE. THE JUDGES MAY ALSO NAME UP TO TWO HONORABLE MENTIONS, WHO EACH RECEIVE $1,000 USD. According to available records, Trace Foundation has made 25 grants totaling $564K, with a median grant of $25K. Annual giving has decreased from $79K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $281K distributed across 12 grants. Individual grants have ranged from $1K to $50K, with an average award of $23K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in District of Columbia, Missouri, California, which account for 48% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE TRACE PRIZE FOR INVESTIGATIVE REPORTING RECOGNIZES JOURNALISM THAT UNCOVERS BUSINESS BRIBERY WITH THE GOAL OF INCREASING COMMERCIAL TRANSPARENCY.NOMINEES MAY BE PRINT, BROADCAST OR ONLINE REPORTERS FROM ANY COUNTRY WHO HAVE INVESTIGATED COMMERCIAL BRIBERY SCHEMES, BUSINESS ACTIVITIES THAT CREATE SERIOUS CONFLICTS OF INTEREST OR SIMILAR MISCONDUCT. ENTRIES MUST HAVE APPEARED IN PRINT OR ONLINE DURING THE YEAR PRECEDING THE AWARD. MULTIPLE ENTRIES PER AUTHOR ARE PERMITTED, AS ARE TEAM ENTRIES PRODUCED BY GROUPS OF JOURNALISTS. A PANEL OF INDEPENDENT JUDGES REVIEW THE SUBMISSIONS AND SELECT UP TO TWO WINNING ENTRIES. EACH WINNING ENTRY RECEIVES A CASH PRIZE OF $10,000 USD AND THE REPORTER WILL BE INVITED TO AN AWARD CEREMONY HOSTED BY TRACE. THE JUDGES MAY ALSO NAME UP TO TWO HONORABLE MENTIONS, WHO EACH RECEIVE $1,000 USD.
Expenses: $28K
THE TRACE FOUNDATION IS THE PRIMARY FUNDER OF A CANADIAN DOCUMENTARY ABOUT THE IMPACT OF COLLUSION BETWEEN CORRUPT BUSINESS PARTNERS AND KEY EMPLOYEES WITHIN THE MULTINATIONALS THAT THEY REPRESENT.
Expenses: $550K
THE TRACE PRIZE FOR INVESTIGATIVE REPORTING RECOGNIZES JOURNALISM THAT UNCOVERS BUSINESS BRIBERY WITH THE GOAL OF INCREASING COMMERCIAL TRANSPARENCY.NOMINEES MAY BE PRINT, BROADCAST OR ONLINE REPORTERS FROM ANY COUNTRY WHO HAVE INVESTIGATED COMMERCIAL BRIBERY SCHEMES, BUSINESS ACTIVITIES THAT CREATE SERIOUS CONFLICTS OF INTEREST OR SIMILAR MISCONDUCT. ENTRIES MUST HAVE APPEARED IN PRINT OR ONLINE DURING THE YEAR PRECEDING THE AWARD. MULTIPLE ENTRIES PER AUTHOR ARE PERMITTED, AS ARE TEAM ENTRIES PRODUCED BY GROUPS OF JOURNALISTS. A PANEL OF INDEPENDENT JUDGES REVIEW THE SUBMISSIONS AND SELECT UP TO TWO WINNING ENTRIES. EACH WINNING ENTRY RECEIVES A CASH PRIZE OF $10,000 USD AND THE REPORTER WILL BE INVITED TO AN AWARD CEREMONY HOSTED BY TRACE. THE JUDGES MAY ALSO NAME UP TO TWO HONORABLE MENTIONS, WHO EACH RECEIVE $1,000 USD. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in DC, MO, CA.
Trace Foundation has distributed a total of $564K across 25 grants. The median grant size is $25K, with an average of $23K. Individual grants have ranged from $1K to $50K.
Trace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Trace Foundation is headquartered in ANNAPOLIS, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Josh Wallenstein | DIRECTOR | $0 | $0 | $0 |
| Jessie Reynolds O'Neil | DIRECTOR | $0 | $0 | $0 |
| Amy Sommers | TREASURER | $0 | $0 | $0 |
| Alexandra Wrage | PRESIDENT | $0 | $0 | $0 |
| Jonathan Drimmer | DIRECTOR | $0 | $0 | $0 |
Total Giving
$196K
Total Assets
$2.7M
Fair Market Value
$2.7M
Net Worth
$2.7M
Grants Paid
$15K
Contributions
$302K
Net Investment Income
$91K
Distribution Amount
$122K
Total Grants
25
Total Giving
$564K
Average Grant
$23K
Median Grant
$25K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The International Centre For Criminal Law Reform And Criminal Justice PolicCONTRIBUTION TO ASSIST IN THE FUNDING OF AN ANTI-CORRUPTION INSTITUTE WITHIN THE INTERNATIONAL CENTRE FOR CRIMINAL LAW REFORM AND CRIMINAL JUSTICE POLICY. SPONSORSHIP OF THE 2024 NOVEMBER CONFERENCE. | Vancouver | $15K | 2023 |
| Journalism Development NetworkOCCRP - TRACE GRANTS; FELLOWSHIP, 2 GRANTS X $20000 | Washington, DC | $40K | 2022 |
| Alfred Friendly Press Partners2022 FELLOWSHIP SUPPORT | Columbia, MO | $35K | 2022 |
| American Foundation For The University Of British ColumbiaDONATION FOR GRC DEVELOPMENT AND ALUMNI ENGAGEMENT FACULTY OF ART | Vancouver | $25K | 2022 |
| Stichting Bellingcat |
Other foundations that have funded Trace Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Fourdoves Foundation | $10K | 2021 | GENERAL |
| Pfizer Foundation Inc. | $200 | 2021 | MATCHING GIFTS |
| Fourdoves Foundation | $70K | 2020 | GENERAL |
| Dick And Jane Plum Family Foundation Inc. | $5K | 2020 | CHARITABLE |
MONTCLAIR, NJ
WASHINGTON, DC
HELENA, MT
BETHESDA, MD
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Amsterdam |
| $10K |
| 2022 |
| Berkeley Law - University Of CaliforniaSPONSORSHIP - FRAUD FEST 2022 | Berkeley, CA | $5K | 2022 |
| American Bar Association Fund For Justice And EducationGUATEMALAN ANTI-CORRUPTION INITIATIVE | Washington, DC | $50K | 2021 |
| Integrity SanctuaryGRANT | Toronto | $30K | 2021 |
| Norwegian School Of EconomicNHH STUDENT GRANT - STUDENTS INVESTIGATION OF THE NORWEGIAN OIL FUNDS CORRUPTION RISK | — | $5K | 2021 |
| The University Of British ColumbiaJERSEY OFFSHORE INVESTIGATION PROJECT | Vancouver | $5K | 2021 |
| Tsne MissionworksINTEGRITY INITIATIVE INTERNATIONAL IN LARGER COALITION FOR THE CREATION OF INTERNATIONAL ANTI-CORRUPTION COURT. | Boston, MA | $30K | 2020 |
| Berkley Law - University Of CaliforniaSPONSORSHIP - 300 YEARS OF FRAUD. | Berkeley, CA | $20K | 2020 |
| International Center For Journalists2020 SILVER SPONSORSHIP OF ICFJ TRIBUTE TO JOURNALISTS. | Washington, DC | $15K | 2020 |
| The Outlaw Ocean LlcIAN URBINA'S HONORARIUM FOR VANCOUVER EVENT JAN 23-24, 2020. | Washington, DC | $3K | 2020 |
| Rural Women Beat Extortion Thru Local SelftrainingGENERAL DONATION | Cumbaya Quito | $1K | 2020 |
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