Callaway Foundation Inc
Callaway Foundation Inc is a private foundation, based in Lagrange, GA. IRS filing data is available for 2025. As of 2025, the organization holds $305.3M in total assets. In 2025, it awarded 95 grants totaling $10.2M. Net investment income was $10.4M.
Key facts about Callaway Foundation Inc
In short: Callaway Foundation Inc gave $10.2M across 95 grants in 2025 (avg $107K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- EIN
- 58-0566147
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $10,194,171
- Grants made (2025)
- 95
- Average grant
- $107,307
- Median grant
- $26,513
- Total assets
- $305,293,730
- Primary geography
- Georgia (99% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$305.3M
Annual Giving
$10.2M
Grant Count
95
Avg Grant Size
$107K
Under IRS private-foundation payout rules, Callaway Foundation Inc reported a distributable amount of $13.7M for 2025 — the minimum it must pay out in qualifying distributions.
How Callaway Foundation Inc gives
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 95 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 95 grants totaling $10.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Troup County ($1.5M). Together the top 10 received $5.5M.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 55 grants of 95 (58%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Troup County Lagrange, GA | General Support - Permanent Improvements | $1,500,000 |
| Friends of the Thread Trail Lagrange, GA | General Support - Permanent Improvements | $500,000 |
| Children's Healthcare of Atlanta Foundation Atlanta, GA | General Support - Permanent Improvements | $470,600 |
| First United Methodist of Lagrange Lagrange, GA | General Support - Permanent Improvements | $463,974 |
| Lafayette Society of Performing Arts Lagrange, GA | Support for General Operations | $403,779 |
| Lagrange Academy Lagrange, GA | General Support - Permanent Improvements | $390,083 |
| Wellstar Foundation Marietta, GA | Support for General Operations | $375,000 |
| Lagrange-Troup County Homeless Coalition Lagrange, GA | General Support - Permanent Improvements | $368,750 |
| Lafayette Christian School Lagrange, GA | General Support - Permanent Improvements | $312,500 |
| Troup County Board of Education Lagrange, GA | General Support - Permanent Improvements | $300,773 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 |
|---|---|
| Total Assets | $305,293,730 |
| Revenue | $31,384,127 |
| Expenses | $15,533,315 |
| Qualifying Distributions | $14,089,455 |
| Net Investment Income | $10,433,206 |
| Distributable Amount | $13,705,128 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
Leadership & Key People
Officers and directors from IRS filings
Callaway Foundation Inc is led by Paul S. Tripp Penn III, President on the 2025 filing; 8 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Paul S. Tripp Penn III
President
New on the 2025 filing
31 hrs/week
No compensation reported
Charles D. Hudson III
Trustee
New on the 2025 filing
1 hr/week
$14K (2025)
David Z. Cauble IV
Trustee
New on the 2025 filing
1 hr/week
$11K (2025)
Fuller E. Callaway IV
Trustee
New on the 2025 filing
1 hr/week
$9K (2025)
Jane Alice Craig
Trustee
New on the 2025 filing
1 hr/week
$14K (2025)
Meredith C. Key
Trustee
New on the 2025 filing
1 hr/week
$14K (2025)
Samuel S. Craig
Trustee
New on the 2025 filing
1 hr/week
$500 (2025)
Howard Henry Hughes Jr.
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Ida H. Russell
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Charles D. Hudson Jr.
Treasurer
New on the 2025 filing
1 hr/week
$13K (2025)
Ellen H. Harris
Secretary
New on the 2025 filing
1 hr/week
$15K (2025)
Esther S. Rainey
Secretary & Treasurer
New on the 2025 filing
27 hrs/week
No compensation reported
Heather Graham
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Ray McKenzie
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $15K, to Ellen H Harris (Secretary). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Callaway Foundation Inc
How much does Callaway Foundation Inc give each year?
Callaway Foundation Inc gave $10.2M across 95 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Callaway Foundation Inc's typical grant size?
Callaway Foundation Inc's median grant in 2025 was $26,513, and its average grant was $107,307, across 95 grants on its 2025 IRS Form 990-PF.
Where does Callaway Foundation Inc give grants?
Callaway Foundation Inc gives mostly in Georgia: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lagrange, GA (57 grants), Atlanta, GA (15 grants), Athens, GA (2 grants) and Columbus, GA (2 grants).
Does Callaway Foundation Inc give general operating support?
Yes: 100% of Callaway Foundation Inc's 2025 grants with a stated purpose (95 of 95) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Callaway Foundation Inc's largest grantees?
Callaway Foundation Inc's largest 2025 grantees include Troup County ($1,500,000), Lagrange-Troup County Homeless Coalition ($523,750 across 2 grants) and Friends of the Thread Trail ($500,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is Callaway Foundation Inc?
Callaway Foundation Inc reported $305.3M in total assets on its 2025 IRS Form 990-PF. It paid out $14.1M in qualifying distributions that year, against a required minimum of $13.7M (roughly 5% of its investment assets).
What is Callaway Foundation Inc's EIN?
Callaway Foundation Inc's EIN (Employer Identification Number) is 58-0566147. IRS Form 990 filing data is available on this page for 2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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Browse active grant opportunities in Callaway Foundation Inc's focus areas in our free grants database
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