Trace Foundation
ANNAPOLIS, MD EIN: 47-5363033
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.9M
+8.0% YoY
Annual Giving
$100K
+566.7% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$33K
+122.2% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,889,995 | $2,675,520 | $2,340,072 |
| Revenue | $298,508 | $388,940 | $505,263 |
| Expenses | $168,839 | $195,927 | $897,401 |
| Qualifying Distributions | $168,839 | $195,927 | $897,401 |
| Net Investment Income | $102,405 | $91,426 | $58,266 |
| Distributable Amount | $135,534 | $121,981 | $128,586 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Trace Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDRA WRAGE | PRESIDENT | — | — |
| JOSH WALLENSTEIN | DIRECTOR | — | — |
| JONATHAN DRIMMER | DIRECTOR | — | — |
| JESSIE REYNOLDS O'NEIL | TREASURER | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $148K (50%)
Missouri $95K (32%)
Massachusetts $30K (10%)
California $25K (8%)
Cities
BerkeleyBostonColumbiaWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Trace Foundation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry