The Tractor and Equipment Company Foundation
Historical FunderBirmingham, Alabama · EIN 63-0718825 · Private foundation
Half of its grants to organizations were between $3,129 and $11,254.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | JAMIE STEELE |
|---|---|
| Address | 5336 AIRPORT HWY, BIRMINGHAM AL 35212 |
| Phone | 2055912131 |
| Form and materials | 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. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
25% of grants went outside Alabama.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Tennessee | Culleoka, TN | Scholarship | $15,000 |
| Troy University | Troy, AL | Scholarship | $12,114 |
| University of Alabama in Huntsville | Cleveland, AL | Scholarship | $11,254 |
| University of West Georgia | Phenix City, AL | Scholarship | $10,000 |
| University of Alabama at Birmingham | Birmingham, AL | Scholarship | $9,986 |
| University of South Alabama | Fairhope, AL | Scholarship | $6,100 |
| Monmouth University | Powder Springs, GA | Scholarship | $3,129 |
| University of Mobile | Chunchula, AL | Scholarship | $3,015 |
The return also lists 6 grants to individuals ($43,832). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $114,430 | 14 |
| 2024 | $95,278 | 18 |
| 2023 | $114,035 | 16 |
Sources
- IRS Form 990-PF, tax year 2025, filed Mar 10, 2026 - IRS e-file batch, object ID 202610699349100826
- IRS Tax Exempt Organization Search for EIN 63-0718825
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.