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Also known as: FOUNDATION
Tractor And Equipment Company Foundation is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1978. It holds total assets of $88K. Annual income is reported at $152K. SCHOLARSHIP PROGRAM (PROVIDING VARIOUS SCHOLARSHIPS TO A TOTAL OF 10 STUDENTS AT VARIOUS UNIVERSITIES IN THE TOTAL AMOUNT OF $73,454). According to available records, Tractor And Equipment Company Foundation has made 32 grants totaling $181K, with a median grant of $5K. Individual grants have ranged from $424 to $16K, with an average award of $6K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Alabama, California, Tennessee, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
SCHOLARSHIP PROGRAM (PROVIDING VARIOUS SCHOLARSHIPS TO A TOTAL OF 10 STUDENTS AT VARIOUS UNIVERSITIES IN THE TOTAL AMOUNT OF $90,242)
Expenses: $90K
CHARITABLE PROGRAM (PROVIDING SUPPORT TO A TOTAL OF 7 CHARITABLE ORGANIZATIONS IN THE TOTAL AMOUNT OF $36,250)
Expenses: $36K
SCHOLARSHIP PROGRAM (PROVIDING VARIOUS SCHOLARSHIPS TO A TOTAL OF 10 STUDENTS AT VARIOUS UNIVERSITIES IN THE TOTAL AMOUNT OF $73,454). Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in AL, CA, TN.
Tractor And Equipment Company Foundation has distributed a total of $181K across 32 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $424 to $16K.
The application deadline is THE DEADLINE FOR SUBMISSION OF THIS APPLICATION IS MARCH 1 OF EACH YEAR.. SCHOLARSHIPS MAY BE GRANTED ONLY TO CHILDREN WHOSE PARENTS ARE EMPLOYEES OF TRACTOR & EQUIPMENT COMPANY AND WHO HAVE EITHER BEEN ACCEPTED AT OR MADE PROPER APPLICATION TO BE ACCEPTED AT AN ACCREDITED INSTITUTION OF HIGHER EDUCATION. THE NUMBER OF SCHOLARSHIP GRANTS TO BE AWARDED ANNUALLY IS LIMITED TO NOT MORE THAN 25 PERCENT OF THE NUMBER OF EMPLOYEES' CHILDREN WHO WERE ELIGIBLE TO ATTEND AN INSTITUTION OF HIGHER EDUCATION AND WHO HAD EITHER BEEN ACCEPTED AT SUCH INSTITUTIONS OR WHO HAD MET THE NECESSARY CRITERIA SO THAT ACCEPTANCE COULD BE REASONABLY ANTICIPATED. THE TRACTOR & EQUIPMENT COMPANY FOUNDATION SELECTS THE MOST QUALIFIED SCHOLARSHIP APPLICANTS FROM THOSE SUBMITTING APPLICATIONS. THE NUMBER OF SCHOLARSHIPS TO BE AWARDED IN A GIVEN YEAR, AND THE AMOUNT OF SUCH SCHOLARSHIP WILL HAVE BEEN DETERMINED BY THE FOUNDATION IN ADVANCE OF THE SUBMISSION OF THE APPLICATIONS TO THE FOUNDATION.
Tractor And Equipment Company Foundation is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Stracener | PRESIDENT | $0 | $0 | $0 |
| Jamie Steele | SECRETARY/TREASURER | $0 | $0 | $0 |
Total Giving
$118K
Total Assets
$35K
Fair Market Value
$35K
Net Worth
$35K
Grants Paid
$114K
Contributions
$100K
Net Investment Income
$0
Distribution Amount
$4K
Total Grants
32
Total Giving
$181K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$5K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaSCHOLARSHIP | Tuscaloosa, AL | $3K | 2022 |
| Troy UniversitySCHOLARSHIP | Troy, AL | $16K | 2022 |
| Auburn UniversitySCHOLARSHIP | Auburn University, AL | $15K | 2022 |
| University Of California - RegentsSCHOLARSHIP | Los Angeles, CA | $14K | 2022 |
| Jefferson State Community CollegeSCHOLARSHIP | Blountsville, AL | $7K |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
| 2022 |
| University Of TennesseeSCHOLARSHIP | Culleoka, TN | $5K | 2022 |
| University Of North AlabamaSCHOLARSHIP | Florence, AL | $5K | 2022 |
| University Of Alabama At BirminghamSCHOLARSHIP | Birmingham, AL | $5K | 2022 |
| March Of DimesTO HELP MOMS HAVE FULL-TERM PREGNANCIES AND RESEARCH THE PROBLEMS THAT THREATEN THE HEALTH OF BABIES | Arlington, VA | $5K | 2022 |
| Alzheimer'S AssociationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Chicago, IL | $5K | 2022 |
| Faulkner UniversitySCHOLARSHIP | Harpersville, AL | $3K | 2022 |
| Uwa FoundationTO PROVIDE OPPORTUNITIES FOR STUDENTS TO PURSUE A QUALITY EDUCATION | Livingston, AL | $3K | 2022 |
| Friends Of Odenville Public LibraryTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Odenville, AL | $3K | 2022 |
| Birmingham ZooTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Birmingham, AL | $1K | 2022 |
| Quarterbacking Childrens Health FoundationTO FULFILL MEDICAL NEEDS FOR CHILDREN, WHOSE NEEDS WOULD OTHERWISE BE UNMET | Birmingham, AL | $1K | 2022 |
| Chris SimerSCHOLARSHIP - BOOK REIMBURSEMENT | Dothan, AL | $424 | 2022 |
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