Meg and Tim Callahan Family Foundation
The Meg and Tim Callahan Family Foundation is a private foundation based in Chicago, Illinois. It made a 2024 grant of $4,880,773 to the Fidelity Investments Charitable Gift Fund – Echo Fund for general support.
Meg and Tim Callahan Family Foundation at a glance
In short: Meg and Tim Callahan Family Foundation gave $4.9M across 1 grant in 2024 (avg $4.9M), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,880,773
- +2951.4% vs 2023
- Grants made (2024)
- 1
- -94.4% vs 2023
- Average grant
- $4,880,773
- +54825.9% vs 2023
- Median grant
- $4,880,773
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
How to apply to Meg and Tim Callahan Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 9 West Walton Street 2002, Chicago, IL 60610
Phone: (847) 846-7726
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Meg and Tim Callahan Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Fidelity Investments Charitable Gift Fund - Echo Fund ($4.9M).
Grant Size Distribution
86 grants across all recorded years
The most common grant size was under $50K: 81 grants of 86 (94%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Meg and Tim Callahan Family Foundation gives
- Giving grew 6001% from 2021 to 2024. Method
- In 2024 it paid out well above 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
From 2019 to 2024, annual grant giving ranged from $80K (2021) to $4.9M (2024). In 2024 it made 1 grant totaling $4.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund - Echo Fund Boston, MA | General Support | $4,880,773 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $-90,263 | $4,903,613 | $4,880,773 | 1 | $4,891,860 | — | $42,432 |
| 2023 | $4,818,670 | $1,348,785 | $199,835 | $159,950 | 18 | $171,607 | $328,534 | $186,535 |
| 2022 | $3,669,720 | $43,051 | $288,217 | $241,100 | 27 | $252,126 | $60,064 | $180,553 |
| 2021 | $3,914,886 | $335,648 | $121,282 | $80,000 | 22 | $91,026 | $311,105 | $215,077 |
| 2020 | $3,700,520 | $242,345 | $329,351 | $291,800 | 18 | — | $216,655 | $195,068 |
| 2019 | $3,787,526 | $142,430 | $197,857 | $146,980 | 15 | — | $116,763 | $196,773 |
Under IRS private-foundation payout rules, Meg and Tim Callahan Family Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2024, the foundation reported one grant totaling $4,880,773. The sole reported grant was to the Fidelity Investments Charitable Gift Fund – Echo Fund in Boston, Massachusetts, for general support. In 2023, it reported 18 grants totaling $159,950; in 2022, it reported 27 grants totaling $241,100.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Justin Bristol as president, Meg Callahan as vice president, Tim Callahan as director, Caroline Callahan Bristol as director, and Chelsea Starr Callahan Huson as director.
Meg and Tim Callahan Family Foundation is led by Justin Bristol, President since 2024 (on filings since 2022); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Justin Bristol
President
Director, President & Treasurer → President, 2024
On filings since 2022
1 hr/week
No compensation reported
Caroline Callahan Bristol
Director
On filings since 2019
1 hr/week
No compensation reported
Chelsea Starr Callahan Huson
Director
On filings since 2019
1 hr/week
No compensation reported
Tim Callahan
Director
Director & Treasurer → Director & Cob, 2022
Director & Cob → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Meg Callahan
Vice President
President, Secretary & Director → Secretary, Director & Vice President, 2022
Secretary, Director & Vice President → Vice President, 2024
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: Jessica Callahan Dadosky (2019–2021) — Director
Data from IRS Form 990 filings, 2019–2024. "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 Meg and Tim Callahan Family Foundation
How much does Meg and Tim Callahan Family Foundation give each year?
Meg and Tim Callahan Family Foundation gave $4.9M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $160K across 18 grants.
How do I apply for a grant from Meg and Tim Callahan Family Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Meg and Tim Callahan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Meg and Tim Callahan Family Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Meg and Tim Callahan Family Foundation's EIN?
Meg and Tim Callahan Family Foundation's EIN (Employer Identification Number) is 86-1173527. IRS Form 990 filing data is available on this page for 2019–2024.
Does Meg and Tim Callahan Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 31, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Meg and Tim Callahan Family Foundation funds
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Figures come from Meg and Tim Callahan Family Foundation'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.
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