Callaway Foundation Inc
Callaway Foundation Inc is a private foundation based in LaGrange, Georgia. Its website identifies its mission as resourcing and catalyzing efforts that make Troup County a great place to live for all residents.
Callaway Foundation Inc at a glance
In short: Callaway Foundation Inc gave $10.2M across 95 grants in 2025 (avg $107K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- 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)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Callaway Foundation Inc
- How to Apply
-
The foundation’s website says applicants should follow its Grant Application Guidelines. Troup County churches applying for major additions or improvements have a separate application and must follow the standard provisions for the church grant program. The website says requests are investigated by the president and submitted to the board for a decision. The foundation’s 2024 filing says its application is not restricted to preselected organizations. The website says grants are usually not made for operating expenses, loans, debt retirement, or endowment. For Troup County churches, the website states that the maximum grant is 20% of the net actual cost of favorably considered projects; churches outside Troup County are not eligible for that program.
- Review Cycle
- The website says the board meets in January, April, July, and October, with requests due by the 15th of the preceding month. The 2024 filing lists March 15, July 15, October 15, and December 15 as dates by which requests should be received. These dates have passed for 2026; applicants should consult the foundation’s current instructions for the applicable cycle.
- Deadline
- The website says the board meets in January, April, July, and October, with requests due by the 15th of the preceding…
- Contact
Application contact: Paul S Tripp Penn Iii
Mailing address: 209 Broome Street P O Box 790, Lagrange, GA 30241
Phone: (706) 884-7348
Website: https://www.callawayfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Callaway Foundation Inc funds
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%).
Geographic Focus
Where this funder awards grants
The foundation’s policies say grants are usually for projects and people in LaGrange and Troup County, Georgia. Its 2024 filing says contributions are sometimes made in unusual circumstances to deserving causes elsewhere in Georgia, while significant grants elsewhere in the United States are seldom made. In the 2025 filing, 99% of grant dollars went to recipients in Georgia.
Grant Distribution by State
Share of 2025 grant dollars across all 95 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 95 grants totaling $10.2M.
Grants by year
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 |
Ready to take the next step with Callaway Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $305,293,730 | $31,384,127 | $15,533,315 | $10,194,171 | 95 | $14,089,455 | $10,433,206 | $13,705,128 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated vision is for everyone in Troup County to have a quality education, a good job, safe and affordable housing, community engagement, and what they need to flourish. Its grant policies give preference to enduring construction projects and capital equipment; they say grants are usually not made for loans, debt retirement, endowment, or operating expenses.
Examples of supported organizations illustrate the range of its grantees. LaGrange Academy describes its mission as providing a superior education in a caring, cooperative, and stimulating environment, while Lafayette Christian School says it seeks to educate and inspire young people to impact the culture for Christ. United Way of West Georgia describes its work as building community capacity through volunteerism, partnerships, fundraising, and locally determined human-service priorities. The LaGrange Symphony Orchestra says it enriches the community through music, education, and performance opportunities.
Grantmaking
In 2025, the foundation made 95 grants totaling $10,194,171. Grant amounts ranged from $1,500 to $1,500,000, with a median grant of $26,513.
Among the largest 2025 grants were $1,500,000 to Troup County for general support and permanent improvements; $500,000 to Friends of the Thread Trail for general support and permanent improvements; and $470,600 to Children’s Healthcare of Atlanta Foundation for general support and permanent improvements. Other notable grants included $463,974 to First United Methodist of LaGrange, $403,779 to Lafayette Society of Performing Arts, and $390,083 to LaGrange Academy. The filing also lists grants for general operations, including $375,000 to Wellstar Foundation and $266,200 to United Way of West Georgia.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Paul S Tripp Penn III as president; Heather Graham as vice president; Esther S Rainey as secretary/treasurer; Ellen H Harris as secretary; Charles D Hudson Jr as treasurer; and Jane Alice Craig, Ida H Russell, David Z Cauble IV, Fuller E Callaway IV, and Meredith C Key as trustees.
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 does Callaway Foundation Inc fund?
The foundation’s stated vision is for everyone in Troup County to have a quality education, a good job, safe and affordable housing, community engagement, and what they need to flourish. See mission & focus areas ↑
How do I apply for a grant from Callaway Foundation Inc?
The foundation’s website says applicants should follow its Grant Application Guidelines. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
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)
Other open foundation grants in Georgia
Georgia Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Callaway Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Charter Foundation Inc
Orlando, FL
The Charter Foundation supports community and economic development, human and social needs, environmental protection and conservation, and cultural and artistic projects in Troup County, Georgia, and Chambers County, Alabama. Its 2025 grants ranged from $600 to $70,000, with a median of $5,400. It accepts applications through spring and fall cycles; its website lists April 1 and October 1 deadlines.
Assets
$8.1M
Grants
34
Total Given
$404K
George S & Edna L Cobb Foundation
Columbus, GA
The George S & Edna L Cobb Foundation supports charitable organizations, with recent grants spanning education, literacy, arts, health, community, and history. Its 2024 grants ranged from $1,000 to $35,000, with a median of $1,000, and went mainly to organizations in Georgia and Alabama. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.6M
Grants
26
Total Given
$87K
Smurfit Westrock US Foundation
Atlanta, GA
The Smurfit Westrock US Foundation funds sustainable nonprofit projects in health and nutrition, education, basic care, and reducing inequalities, in communities where Smurfit Westrock operates. Its giving varies widely: it awarded $9,298 in 2023, compared with $6.6 million across 3,633 grants in 2022. It accepts applications year-round through an online form.
Assets
—
Grants
1
Total Given
$9K
Community Foundation of the Chattahoochee Valley Inc
Columbus, GA
The Foundation supports a broad range of charitable work, with a primary focus on the Chattahoochee Valley; its 2025 grants went mainly to Georgia and Florida. Grant sizes varied widely, with a median of $18,250 in 2025, and most giving is through donor-advised funds. Most donor-advised funds do not accept applications; the profile identifies a Community Impact Grant program but does not state whether unsolicited requests are accepted.
Assets
$392.3M
Grants
207
Total Given
$25.9M
The Waterfall Foundation Inc
Atlanta, GA
The Waterfall Foundation supported 501(c)(3) organizations across varied charitable causes, with grants typically around $50,000 in 2025; its reported awards included recipients in the U.S. Virgin Islands, Georgia, and Illinois, though nearly all grant dollars went to Massachusetts because of a one-time asset transfer. The foundation filed to dissolve in April 2025, and the profile does not state whether it accepts unsolicited requests.
Assets
$-969,035
Grants
5
Total Given
$21.2M
More similar funders
More Funders in Georgia
Cite this profile
Grantable. (2026). Callaway Foundation Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/callaway-foundation-inc-morg_ff4bb51f62dc4bd7be360174475860c2
BibTeX
@misc{grantable_580566147_2026,
author = {{Grantable}},
title = {{Callaway Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/callaway-foundation-inc-morg_ff4bb51f62dc4bd7be360174475860c2},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Callaway Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Callaway Foundation Inc down — hundreds of funders to go?