Tracy majored in American Literature at Hofstra University in New York. She then earned her JD at the University of South Carolina and her LLM in Taxation at George Washington University. She was introduced to PEN/Faulkner through Molly Elkin, a partner in Tracy’s husband’s law firm, McGillivary Steele and Elkin. She served two terms as PEN/Faulkner’s Board President. She currently runs a PEN/Faulkner Book Club fundraiser, where authors come and discuss their books. She has two children (twins), Tyler and Duncan.