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Tracy Family Foundation is a private corporation based in MT STERLING, IL. The foundation received its IRS ruling in 1997. The principal officer is William Metzinger. It holds total assets of $40.5M. Annual income is reported at $21.8M. Total assets have grown from $7.5M in 2011 to $23.5M in 2023. The foundation is governed by 10 officers and trustees. Tax records are available from 2020 to 2023. According to available records, Tracy Family Foundation has made 2 grants totaling $15.7M, with a median grant of $7.9M. The foundation has distributed between $7.5M and $8.3M annually from 2022 to 2023. Individual grants have ranged from $7.5M to $8.3M, with an average award of $7.9M. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
The Tracy Family Foundation (TFF) is a family-driven, community-embedded grantmaker founded in 1997 by the second generation of the Tracy family as a tribute to their parents, Robert (RT) and Dorothy Tracy. Operating from Mt. Sterling in Brown County, Illinois, TFF has distributed more than $80 million across 8,000+ grants since inception — an unusually high volume for a foundation of its $28.6M asset size, reflecting a philosophy of broad community investment rather than a handful of flagship grants.
TFF's grantmaking is tightly circumscribed by geography and focus. Eligible organizations must be located in or substantially serve one of ten west-central Illinois counties: Adams, Brown, Cass, Greene, Hancock, McDonough, Morgan, Pike, Schuyler, or Scott. Within that territory, requests must align with one of five priorities: Education, Youth, Families, Mental Health, or Brown County (the last functioning as a home-county catch-all). This narrow aperture means competition inside the eligible pool is real, and first-time applicants should invest time demonstrating authentic local rootedness.
The foundation uses a two-step application process. Organizations first submit a pre-application (interest form) that screens for geographic and programmatic fit. If approved, applicants are invited to submit a full grant application through the CyberGrants online portal. The full application is evaluated on merit, alignment, and organizational capacity. Annual Grants carry no stated maximum, while Capacity Building Grants are capped at $5,000. TFF also issues targeted Requests for Proposals in current priority areas such as Restorative Community Approaches, Healthy Marriages, and the Family Dinner Project.
TFF's board is dominated by Tracy family members (10+ directors in recent years), with professional President Dan Teefey managing day-to-day operations. This family-board structure means grantmaking reflects personal familiarity with local organizations and communities. First-time applicants lacking existing relationships with TFF staff or Tracy family members should make extra effort to articulate local credibility and community ties. The foundation's emphasis on accountability is non-negotiable: final impact reports are required within one year of any funded grant, and organizations with overdue reports are locked out of future funding cycles.
Tracy Family Foundation's grantmaking has grown nearly sevenfold over 13 years, from $1.44M paid in 2011 to an estimated $10.3M in 2024. The upward trajectory is consistent and steep: $2.34M (2013), $3.34M (2015), $5.75M (2019), $7.77M (2020), $8.27M (2023), and approximately $10.3M (2024, per available aggregator data). This expansion is driven primarily by rising family contributions — not investment returns. Family contributions totaled $9.75M in 2022 and $11.07M in 2023, indicating the Tracy family is actively re-capitalizing the foundation. Net investment income, by contrast, contributed only $498K in 2023 (roughly 4% of giving capacity).
Assets have grown in parallel: $7.5M (2011), $13.3M (2015), $19.9M (2019), and $28.6M (2024). The foundation's asset-to-annual-giving ratio has tightened, with 2023 grants of $8.3M representing approximately 35% of that year's assets — well above the 5% payout minimum required of private foundations, signaling a deliberately high-distribution philosophy.
By program area, 56% of giving goes to Education, 19% to Community Development, and 11% to Social and Human Services (which covers much of the Mental Health and Families portfolio). Brown County organizations benefit from a dedicated funding lane with somewhat relaxed focus-area requirements.
Typical Annual Grant sizes cannot be confirmed from publicly available grant schedules (TFF's 990s attach schedules rather than itemize individual awards), but extrapolating from approximately 300 awards per year at $8-10M total giving suggests a median grant in the $15,000-$30,000 range, with larger awards likely for capital projects or established institutional partners. Capacity Building Grants are capped at $5,000 with a mandatory 10% organizational cash match. The new Youth Trip Grants (January 2026) likely carry amounts commensurate with actual trip costs. RFP-based awards may operate on separate budgeted pools outside the general Annual Grant line, representing incremental opportunity.
The peer foundations below are matched by asset size (~$28M) within the Philanthropy & Grantmaking NTEE category. They do not share TFF's geographic focus or programmatic orientation — TFF is highly unusual among foundations of this scale for maintaining an exclusive focus on a defined rural multi-county region with an open, structured public application process.
| Foundation | Assets | Annual Giving | Primary Focus | Geography | Application |
|---|---|---|---|---|---|
| Tracy Family Foundation | $28.6M | $8.3M–$10.3M | Education, Youth, Families, Mental Health | IL (10 counties) | Open (2-step) |
| Signal Foundation | $28.7M | Not disclosed | Privacy, digital rights | National/Global | Not open |
| Florence M Muller Foundation | $28.7M | Not disclosed | General philanthropy | NY | Unknown |
| Chris & Heidi Beckstead Family Foundation | $28.7M | Not disclosed | General philanthropy | UT | Not open |
| Fourevergreen Foundation | $28.6M | Not disclosed | Environmental/philanthropy | NJ | Limited |
TFF stands out among asset-comparable peers for its transparency, public CyberGrants portal, structured three-cycle annual calendar, and high payout ratio (~35% of assets in 2023). Most peer foundations at this asset level maintain lower public profiles and do not publish open application processes. For organizations in west-central Illinois, TFF occupies a category of its own — no comparable foundation maintains such a focused, accessible, and geographically dedicated presence across this 10-county rural region. The narrow geography creates meaningful advantages for locally embedded organizations that can demonstrate authentic community impact.
In March 2025, TFF launched West Central Illinois Gives (WCIL Gives), a four-day online giving campaign (June 9-12, 2025) featuring a $25,000 prize pool distributed among winning organizations. Led by President Dan Teefey, the initiative represents the foundation's most significant programmatic launch in recent years. Registration closed April 30, 2025, and the campaign covered all 10 eligible counties. The foundation has framed WCIL Gives as an ongoing initiative designed to amplify community giving capacity alongside direct grantmaking.
In January 2026, TFF added the Youth Trip Grant Program, supporting domestic and international service, learning, or spiritual formation trips for young people — a new track absent from prior application cycles.
The foundation published its 2025-2027 Strategic Plan Framework in 2024, providing the first multi-year public roadmap in TFF's history. Active RFPs for the current cycle include Education (focused on Restorative Community Approaches in schools), Mental Health, Youth, Family Dinner Project, and Healthy Marriages — an unusually specific set of programmatic priorities for a foundation of this size.
The Teens Active in Grantmaking (TAG) youth initiative awarded its inaugural grant of $250 to Bella Ease following a youth-run fundraiser, signaling TFF's investment in next-generation philanthropic leadership within the community.
Financially, TFF's asset base reached $28.6M (up from $23.5M in 2023) and total grantmaking reached an estimated $10.3M in 2024 — the highest annual giving in the foundation's history. No major leadership changes were publicly reported in 2025-2026; Dan Teefey remains President.
The pre-application is the real gate. TFF screens primarily on geography and program alignment before any organization reaches the full CyberGrants application. Write the interest form as a tight, specific statement of who you are, where you operate, and which TFF priority your project directly serves. Vague framing or multi-focus requests will be filtered out at this stage. One clear, strong alignment beats a comprehensive overview every time.
Timing strategy: Pre-applications are due on 1/1, 5/1, and 9/1; full applications follow on 3/1, 7/1, and 11/1 respectively. The January 1 pre-application cycle corresponds to the March 1 full-application deadline — a period when many nonprofits are understaffed and competition may be lighter. The May 1 cycle coincides with spring organizational energy but also peak competition. Choose your cycle based on your program readiness, not just calendar convenience.
Consult staff before submitting. TFF explicitly offers meetings for applicants uncertain about the right request amount. Email President Dan Teefey at dan.teefey@TracyFoundation.org before your pre-application deadline. This signals seriousness, builds a staff relationship, and surfaces any disqualifying factors before you invest in the full application.
Mirror TFF's language. Current strategic framing emphasizes Restorative Community Approaches, healthy families, youth leadership, and organizational capacity. For Education grants, RCA-aligned proposals (restorative justice, school climate improvement, peer mediation) are elevated through a specific active RFP. Review the 2025-2027 Strategic Plan Framework on tracyfoundation.org before writing.
Build community visibility. The board is heavily family-controlled. Tracy family members serve as directors and live in many of the 10 eligible counties. Participating in WCIL Gives, attending community events, and cultivating relationships with local Tracy family members before applying meaningfully strengthens your position. TFF staff and board members fund organizations they recognize from the community, not just strong proposals on paper.
Comply with all reporting obligations. Impact reports are due within one year of funding. One overdue report can block all future grants. If you have a prior TFF grant, confirm your report status before submitting any new application.
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No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Tracy Family Foundation's grantmaking has grown nearly sevenfold over 13 years, from $1.44M paid in 2011 to an estimated $10.3M in 2024. The upward trajectory is consistent and steep: $2.34M (2013), $3.34M (2015), $5.75M (2019), $7.77M (2020), $8.27M (2023), and approximately $10.3M (2024, per available aggregator data). This expansion is driven primarily by rising family contributions — not investment returns. Family contributions totaled $9.75M in 2022 and $11.07M in 2023, indicating the Tracy.
Tracy Family Foundation has distributed a total of $15.7M across 2 grants. The median grant size is $7.9M, with an average of $7.9M. Individual grants have ranged from $7.5M to $8.3M.
The Tracy Family Foundation (TFF) is a family-driven, community-embedded grantmaker founded in 1997 by the second generation of the Tracy family as a tribute to their parents, Robert (RT) and Dorothy Tracy. Operating from Mt. Sterling in Brown County, Illinois, TFF has distributed more than $80 million across 8,000+ grants since inception — an unusually high volume for a foundation of its $28.6M asset size, reflecting a philosophy of broad community investment rather than a handful of flagship g.
Tracy Family Foundation is headquartered in MT STERLING, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Stamerjohn | VICE PRESIDE | $25K | $0 | $25K |
| Mark Yingling | DIRECTOR | $6K | $0 | $6K |
| Eric Terwelp | DIRECTOR | $6K | $0 | $6K |
| Linda Tracy | DIRECTOR | $6K | $0 | $6K |
| Kelsey Tracy | DIRECTOR | $6K | $0 | $6K |
| Ben Tracy | SECRETARY | $5K | $0 | $5K |
| Kristin Tracy | TREASURER | $5K | $0 | $5K |
| Jim Tracy | DIRECTOR | $5K | $0 | $5K |
| Tim Curtin | DIRECTOR | $0 | $0 | N/A |
| Jean Buckley | PRESIDENT | $0 | $0 | N/A |
Total Giving
$8.6M
Total Assets
$23.5M
Fair Market Value
$23.5M
Net Worth
$23.2M
Grants Paid
$8.3M
Contributions
$11.1M
Net Investment Income
$498K
Distribution Amount
$771K
Total: $9.9M
Total Grants
2
Total Giving
$15.7M
Average Grant
$7.9M
Median Grant
$7.9M
Unique Recipients
1
Most Common Grant
$8.3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule AttachedPROGRAM SUPPORT | Attached, IL | $8.3M | 2023 |