Meg and Tim Callahan Family Foundation

CHICAGO, IL EIN: 86-1173527

The Meg and Tim Callahan Family Foundation is a private foundation based in Chicago, Illinois. The organization is located at 9 W Walton St Apt 2002, Chicago, IL 60610. The foundation was granted tax-exempt status in January 2007.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$4.9M

+2951.4% YoY

Grant Count

1

-94.4% YoY

Avg Grant Size

$4.9M

+54825.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts.

Grant Distribution by State

9states
+1 more states

Cities

BostonBrooklynChicagoCrest HillGlendaleHasbrouck HeightsHighland ParkHyannisLibertyvilleN KingstownNantucketNashvilleNew YorkNotre DameSaddle BrookUnionWashington

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2023 Tax Year):

  • Total assets: $4.8 million
  • Total distributions: $172,000
  • Total contributions received: $994,000

Note: The foundation filed a final return as of 2024, indicating a change in operational status.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$4,818,670$3,669,720
Revenue$-90,263$1,348,785$43,051
Expenses$4,903,613$199,835$288,217
Qualifying Distributions$4,891,860$171,607$252,126
Net Investment Income$328,534$60,064
Distributable Amount$42,432$186,535$180,553

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M18 grants202022 grants202127 grants202218 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FIDELITY INVESTMENTS CHA…$4.9M

Grant Size Distribution

86 grants across all recorded years

81<$50K3$50–100K1$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership includes:

  • Tim Callahan – Director, Chair of the Board
  • Meg Callahan – Secretary, Director, Vice President
  • Justin Bristol – Director, President, Treasurer
  • Caroline Callahan Bristol – Director
  • Chelsea Starr Callahan Huson – Director

All listed officers work one hour per week and receive no compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JUSTIN BRISTOLPRESIDENT1
MEG CALLAHANVICE PRESIDENT1
TIM CALLAHANDIRECTOR1
CAROLINE CALLAHAN BRISTOLDIRECTOR1
CHELSEA STARR CALLAHAN HUSONDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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