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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 $28.6M. Annual income is reported at $15.1M. Total assets have grown from $7.5M in 2011 to $23.5M in 2023. The foundation is governed by 10 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. 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.
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 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IL.
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 application deadline is GRANT APPLICATIONS DUE 3/1, 7/1, 11/1. Restrcictions and limitations on awards: the following applies to unsoliciated grant applications: the organization or project should focus on youth, families, education, mental health, or brown county. Potential applicants must be traditional charities only, including public charitable institutions, govenmental units, schools, churches or 501 (c) (3) organizations. Eligible counties in illinois include adams, brown, cass, greene, hancock, mcdonough, morgan, pike, schuyler, and scott. Tracy family members living outside these counties may issue a very limited number of invitations to organizations in their communites.
Tracy Family Foundation is headquartered in MT STERLING, IL.
| 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 |