Caraway Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 84-3236623

Caraway Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $732K in total assets. In 2024, it awarded 7 grants totaling $142K. Net investment income was $83K.

Caraway Family Foundation at a glance

In short: Caraway Family Foundation gave $142K across 7 grants in 2024 (avg $20K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$141,946
-44.3% vs 2023
Grants made (2024)
7
-50.0% vs 2023
Average grant
$20,278
+11.5% vs 2023
Median grant
$20,000
Total assets
$732,310
-7.1% vs 2023
Primary geography
Texas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Caraway Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Family Legacy Missions International: $42KFamily Legacy MissionsInternational$42KInternational Literacy and Development: $32K across 2 grantsInternational Literacy andDevelopment$32K · 2 grantsPioneer Bible Translators: $30KPioneer Bible Translators$30KSolar Car Challenge Foundation: $22KSolar Car Challenge Foundation$22K

The largest 2024 recipient was Family Legacy Missions International ($42K). Together the top 4 received $125K.

Organizations only. It also paid 2 individual scholarships ($16,842), which are not listed by name.

Grant Size Distribution

44 grants across all recorded years

41<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 41 grants of 44 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 7 itemized grants.

States

Cities

DallasDuncanvillePlanoColleyvilleArlington

How Caraway Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−5%). Method
  • In 2024 it paid out 171% 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

$0$100K$200K$300K0 grants2020 8 grants2021 15 grants2022 14 grants2023 7 grants2024

From 2021 to 2024, annual grant giving ranged from $142K (2024) to $255K (2023). In 2024 it made 7 grants totaling $142K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Family Legacy Missions International Dallas, TXSponsorship of 26 children$41,784
Pioneer Bible Translators Duncanville, TXGeneral & Unrestricted$29,650
Solar Car Challenge Foundation Plano, TXSolar Car Challenge Fund$21,670
International Literacy and Development Duncanville, TXCharitable Event$20,000
2 individual scholarships Recipients not named —$16,842
International Literacy and Development Duncanville, TXHuman Flourishing Campaign$12,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$732,310$102,260$158,412$141,9467$157,406$83,302$91,810
2023$788,462$-54,473$271,994$254,70314$269,345$17,542$92,627
2022$1,114,929$612,581$170,465$149,21315$161,861—$71,140
2021$672,813$130,004$164,248$149,2008$159,220$500$44,112
2020$707,057———————

Under IRS private-foundation payout rules, Caraway Family Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Caraway Family Foundation is led by Shannon Caraway, Director, President, Secretary & Treasurer on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Shannon Caraway

    Director, President, Secretary & Treasurer

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Tanya Caraway

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Caraway Family Foundation

How much does Caraway Family Foundation give each year?

Caraway Family Foundation gave $142K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $255K across 14 grants.

What is Caraway Family Foundation's typical grant size?

Caraway Family Foundation's median grant in 2024 was $20,000, and its average grant was $20,278, across 7 grants on its 2024 IRS Form 990-PF.

Where does Caraway Family Foundation give grants?

Caraway Family Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Duncanville, TX (3 grants).

Does Caraway Family Foundation give general operating support?

Yes: 14% of Caraway Family Foundation's 2024 grants with a stated purpose (1 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Caraway Family Foundation's largest grantees?

Caraway Family Foundation's largest 2024 grantees include Family Legacy Missions International ($41,784), International Literacy and Development ($32,000 across 2 grants) and Pioneer Bible Translators ($29,650), according to its 2024 IRS Form 990-PF. It also paid 2 individual scholarships ($16,842), which are not listed by name. Together they received 73% of its itemized 2024 grant dollars.

How large is Caraway Family Foundation?

Caraway Family Foundation reported $732K in total assets on its 2024 IRS Form 990-PF. It paid out $157K in qualifying distributions that year, against a required minimum of $92K (roughly 5% of its investment assets).

What is Caraway Family Foundation's EIN?

Caraway Family Foundation's EIN (Employer Identification Number) is 84-3236623. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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