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Tripp & Blair Rackley Family Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2009. The principal officer is Steven Neel. It holds total assets of $13.6M. Annual income is reported at $5.2M. Total assets have grown from $6M in 2011 to $14.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Georgia. According to available records, Tripp & Blair Rackley Family Foundation Inc. has made 48 grants totaling $3.1M, with a median grant of $5K. Annual giving has grown from $613K in 2020 to $850K in 2023. Grantmaking activity was highest in 2022 with $900K distributed across 14 grants. Individual grants have ranged from $289 to $657K, with an average award of $64K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in California, Georgia, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$289
Median Grant
$30K
Average Grant
$56K
Largest Grant
$286K
Based on 11 grants from the most recent 990-PF filing.
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.
Tripp & Blair Rackley Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in CA, GA, FL.
Tripp & Blair Rackley Family Foundation Inc. has distributed a total of $3.1M across 48 grants. The median grant size is $5K, with an average of $64K. Individual grants have ranged from $289 to $657K.
Tripp & Blair Rackley Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Tripp & Blair Rackley Family Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brady Rackley Iii | PRESIDENT | $0 | $0 | N/A |
| Blair Rackley | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$14.3M
Fair Market Value
$19.4M
Net Worth
$14.3M
Grants Paid
$850K
Contributions
$478K
Net Investment Income
$452K
Distribution Amount
$904K
Total: $6.6M
Total Grants
48
Total Giving
$3.1M
Average Grant
$64K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab CharitableCHARITABLE | San Francisco, CA | $613K | 2023 |
| Georgia Tech Athletic AssociationCHARITABLE | Atlanta, GA | $175K | 2023 |
| Georgia Tech FoundationCHARITABLE | Atlanta, GA | $41K | 2023 |
| Ducks UnlimitedCHARITABLE | Memphis, TN | $12K | 2023 |
| Path FoundationCHARITABLE | Atlanta, GA | $5K | 2023 |
| Alexander Tharpe FundCHARITABLE | Atlanta, GA | $2K | 2023 |
| Madison Morgan ConservancyCHARITABLE | Madison, GA | $1K | 2023 |
| Abby'S Angels FoundationCHARITABLE | Newnan, GA | $1K | 2023 |
| Huntsman Cancer FoundationCHARITABLE | Salt Lake City, UT | $515 | 2023 |
| Peachtree Road UmcCHARITABLE | Atlanta, GA | $500 | 2023 |
| Georgia Tech-Center RenovationCHARITABLE-EDGE CENTER RENOVATION | Atlanta, GA | $100K | 2022 |
| Georgia Tech Competitive Drive InitiativeCHARITABLE | Atlanta, GA | $75K | 2022 |
| Dane O'Neil Charitable Fund (Schwab Charitable)CHARITABLE | San Francisco, CA | $5K | 2022 |
| American Junior Golf AssociationCHARITABLE | Atlanta, GA | $1K | 2022 |
| Georgia Tech Foundation-Roll CallCHARITABLE | Atlanta, GA | $1K | 2022 |
| Atlanta Children'S ShelterCHARITABLE | Atlanta, GA | $1K | 2022 |
| Emory University-Winship Director'S FundCHARITABLE | Atlanta, GA | $1K | 2022 |
| Heather'S Way-The Graham Hodges Sch FundCHARITABLE | Lansdale, PA | $1K | 2022 |
| Cherokee Employee Scholarship FoundationCHARITABLE | Atlanta, GA | $500 | 2022 |
| Georgia TechCHARITABLE-EDGE CENTER RENOVATION | Atlanta, GA | $100K | 2021 |
| Georgia Natural Resources FoundationCHARITABLE | Atlanta, GA | $25K | 2021 |
| Neel Family Charitable Fund (Schwab Charitable)CHARITABLE | San Francisco, CA | $25K | 2021 |
| Special Operations Care Fund IncCHARITABLE | Atlanta, GA | $7K | 2021 |
| Peyback FoundationCHARITABLE | Cleveland, OH | $5K | 2021 |
| The Lovett SchoolCHARITABLE | Atlanta, GA | $5K | 2021 |
| Georgia Tech Alumni AssociationCHARITABLE | Atlanta, GA | $1K | 2021 |
| Cancer Assoc Of Spartanburg & Cherokee CountiesCHARITABLE | Spartanburg, SC | $513 | 2021 |
| Florida International UniversityCHARITABLE-MARINE LAB FUND | Miami, FL | $51K | 2020 |
| Camp Twin LakesCHARITABLE | Atlanta, GA | $30K | 2020 |
| Lovett SchoolCHARITABLE-LOVETT ANNUAL FUND | Atlanta, GA | $13K | 2020 |
| Folds Of HonorCHARITABLE | Owasso, OK | $1K | 2020 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA