Calhoun Foundation

Foundation · Grantmaker New Braunfels, TX EIN: 74-2804468

Calhoun Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Braunfels, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $972K in total assets. In 2024, it awarded 11 grants totaling $50K. Net investment income was $40K.

Key facts about Calhoun Foundation

EIN: 74-2804468
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $49,818
Grants made (2024): 11
Average grant: $4,529
Median grant: $4,000
New grantees (estimate): 18% first-time grantees (2 of 11, 2024)
Total assets: $972,301
Primary geography: Texas (85% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Calhoun Foundation funds

By grant dollars, the top recipient states for Calhoun Foundation's 11 itemized 2024 grants were Texas (85%) and Missouri (12%). The most frequent recipient cities were New Braunfels, TX (6 grants) and Austin, TX (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Calhoun Foundation open to new grantees?

18%

first-time grantees, 2024

In 2024, 2 of 11 grantees (18%) were first-time recipients. First grants averaged $3K; repeat grants $5K. How we count

Medians: $3K first-time, $5K repeat.

73% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−4%). Method
In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$972K

-1.2% YoY

Annual Giving

$50K

+5.7% YoY

Grant Count

+10.0% YoY

Avg Grant Size

$5K

-3.9% YoY

Under IRS private-foundation payout rules, Calhoun Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About Calhoun Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $42K (85%)

Missouri $6K (12%)

Colorado $2K (3%)

Share of all 11 itemized 2024 grant dollars.

States

Colorado Missouri Texas

Cities

New BraunfelsAustinSaint LouisColorado SprinLubbock

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$972,301	$984,608	$998,016
Revenue	$45,669	$41,156	$46,975
Expenses	$58,606	$54,707	$51,451
Qualifying Distributions	$49,818	$47,147	$48,082
Net Investment Income	$39,503	$33,739	$43,626
Distributable Amount	$49,029	$49,818	$47,147

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

49 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include New Braunfels C of C ($15,318), Sheltering Wings ($6,000), New Braunfels Comm Fdn ($5,000).

Recipient	Purpose	Amount
NEW BRAUNFELS C OF C New Braunfels, TX	GENERAL	$15,318
SHELTERING WINGS Saint Louis, MO	GENERAL	$6,000
NEW BRAUNFELS COMM FDN New Braunfels, TX	GENERAL	$5,000
CANYON HIGH SCHOOL New Braunfels, TX	GENERAL	$4,500
NEW BRAUNFELS HIGH SCH New Braunfels, TX	GENERAL	$4,500
NEW BRAUNFELS YOUTH COL New Braunfels, TX	GENERAL	$4,000
AMERICAN CANCER SOCIETY Austin, TX	GENERAL	$2,500
AMERICAN HEART ASSOC Austin, TX	GENERAL	$2,500
STRATEGIC ALLIANCE New Braunfels, TX	GENERAL	$2,000
SUNSET INTERNATIONAL Lubbock, TX	GENERAL	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Gary D Mathis	President	1	—
James R Boldt	Sect/Treas	1	—
Gaynell Eppler	Vice Pres	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Calhoun Foundation?

Calhoun Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Braunfels, TX. It holds $972K in total assets as of 2024.

How large is Calhoun Foundation?

As of 2024, Calhoun Foundation holds $972K in total assets with $46K in annual revenue. It awarded 11 grants totaling $50K in 2024.

Where does Calhoun Foundation operate?

Calhoun Foundation has awarded grants in Colorado, Missouri, Texas.

What size grants does Calhoun Foundation award?

In 2024, Calhoun Foundation awarded 11 grants totaling $50K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Calhoun Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Calhoun Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.