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Private foundation (trust)EIN 630718825Est. 1978-08

THE TRACTOR AND EQUIPMENT COMPANY

BIRMINGHAM, AL 35212

Accepts unsolicited proposals
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Total Assets

$35K

FY 2023

Annual Giving

$114K

FY 2023

Grants Made

16

FY 2023

Avg Grant

$7K

FY 2023

Grant Range

$703–$20K

Typical

Deadlines

The deadline for submission of this ap…

Applications

Programs & Activities

Program 1

$90K

Scholarship program (providing various scholarships to a total of 10 students at various universities in the total amount of $89,535)

Program 2

$25K

Charitable program (providing support to a total of 6 charitable organizations in the total amount of $24,500)

Financial Snapshot

2023 filing

Total Revenue

$100K

Total Expenses

$118K

Qualifying Distributions

$118K

Distributable Amount

$4K

Min. Investment Return

$4K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

16 grants

Grant sizes from minimum $703 through median $5K to maximum $20K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $167K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

69 grants

UNIVERSITY OF ALABAMA AT BIRMINGHAM
$61K
7 grants
HOLY FAMILY CRISTO REY
$50K
2 grants
AUBURN UNIVERSITY
$45K
4 grants
UNIVERSITY OF CALIFORNIA - REGENTS
$35K
3 grants
UNIVERSITY OF KENTUCKY
$31K
2 grants
UWA FOUNDATION
$28K
2 grants
TROY UNIVERSITY
$25K
2 grants
VIRGINIA TECH FBO LEVI MAY
$20K
1 grant

Grant Size Distribution

69 grants

<$10K
51
grants
$10–50K
18
grants
$50–250K—
$250K–1M—
$1–5M—
$5M+—

Geographic Focus

8 states

Alabama
$365K
73% of total
Virginia
$35K
7% of total
California
$35K
7% of total
Kentucky
$31K
6% of total
Tennessee
$15K
3% of total
New Jersey
$10K
2% of total
Illinois
$5K
1% of total
Georgia
$3K
1% of total

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Related funders in Alabama

TRINKA DAVIS FOUNDATION

ASHVILLE, AL · $3.7M in grants

MAPP FAMILY FOUNDATION

POINT CLEAR, AL · $3.7M in grants

WIREGRASS FOUNDATION

DOTHAN, AL · $2.9M in grants

SCOTT FOUNDATION INC

OPELIKA, AL · $2.0M in grants

W EARL RICHARDS CHARITABLE

BIRMINGHAM, AL · $1.9M in grants

J CRAIG AND PAGE T SMITH SCHOLARSHIP FNDN INC

BIRMINGHAM, AL · $1.5M in grants

SAM SPIEGEL FOUNDATION INC

AUBURN, AL · $885K in grants

THURBER FAMILY FOUNDATION INC

HUNTSVILLE, AL · $738K in grants

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