Tracking Foundation
- Assets
- $157.4m
- Revenue
- -$2.7m
- Investments
- $100.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-0729307
Organization Overview
Tracking Foundation is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tracking Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Tracking Foundation has awarded 29 individual grants totaling $40,516,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen A Feinberg President And Director | 2.5 | $0 | |
Alan S Waldenberg Treasurer, Secretary, Director | 2.5 | $0 | |
Gisela Feinberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $787,724 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,493,890 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$2,706,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $132,339 |
| Contributions, gifts, grants paid | $7,600,000 |
| Total expenses and disbursements | $7,732,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,731 |
| Savings and temporary cash investments | $57,091,439 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $100,255,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $157,351,755 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tracking Foundation has awarded $7,600,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONGRESSIONAL BLACK CAUCUS FOUNDATION INC PURPOSE: SUPPORT FOR SCHOLARSHIP AND INTERNSHIP PROGRAM | $3,600,000 |
NEW YORK-PRESBYTERIAN FUND INC PURPOSE: GENERAL SUPPORT | $400,000 |
TUSKEGEE UNIVERSITY PURPOSE: SUPPORT FOR SCHOLARSHIP PROGRAM | $3,600,000 |