The Tractor and Equipment Company Foundation
Accepts applications
The Tractor and Equipment Company Foundation is a private foundation in Birmingham, Alabama. In tax year 2025 it gave $114,430 in 14 grants; the typical grant was $7,993 and the largest $15,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$114,430
- Number of grants14
- Typical grant$7,993
- Largest grant$15,000
- Assets$89,566
- New grantees100%
Giving in 2025 was up from $95,278 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $114,035 | 16 | $35,366 |
| 2024 | $95,278 | 18 | $88,196 |
| 2025 | $114,430 | 14 | $89,566 |
How to apply
| Contact | Jamie Steele 5336 Airport Hwy, Birmingham, AL 35212 |
|---|---|
| Phone or email | (205) 591-2131 |
| What to submit | Pursuant to regulation 53.4945-1(d)(3), the foundation has applied for advance approval of its grant making procedures, and pursuant to letter dated august 31, 1978, from the internal revenue service, it was determined that the foundation's procedures for the awarding of the scholarships complied with the requirements contained in section 4945(g)(1) of the code and, further, that scholarships granted in accordance with such procedures would not constitute taxable expenditures within the meaning of section 4945(d)(3). |
| Deadlines | The deadline for submission of this application is march 1 of each year. |
| Restrictions | 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. |
What The Tractor and Equipment Company Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Alabama.
| State | Grants | Amount |
|---|---|---|
| Alabama | 9 | $79,349 |
| Georgia | 4 | $20,081 |
| Tennessee | 1 | $15,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Tennessee FBO Zach SN | Scholarship | $15,000 |
| Troy University FBO Chris Simer | Scholarship | $12,114 |
| University of Alabama in Huntsville | Scholarship | $11,254 |
| Individual | Scholarship | $10,894 |
| University of West Georgia FBO Addi | Scholarship | $10,000 |
| University of Alabama at Birmingham | Scholarship | $9,986 |
| Individual | Scholarship | $8,426 |
| Individual | Scholarship | $7,560 |
| Individual | Scholarship | $6,952 |
| University of South Alabama FBO Hay | Scholarship | $6,100 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Monmouth University FBO Caleigh Sho | Scholarship | $3,129 |
| University of Mobile FBO Bralee Byr | Scholarship | $3,015 |
Officers and trustees
- W Chad Stracener
- Jamie Steele
Questions people ask
Does The Tractor and Equipment Company Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: The deadline for submission of this application is march 1 of each year..
How much does The Tractor and Equipment Company Foundation give?
$114,430 in tax year 2025, across 14 grants, with a typical grant of $7,993.
Who runs The Tractor and Equipment Company Foundation?
Its 2025 filing lists W Chad Stracener (President) and Jamie Steele (Secretary/Treasurer).
What does The Tractor and Equipment Company Foundation fund?
Based on its grants, mainly education.