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.
Key facts about Meg and Tim Callahan Family Foundation
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.
- EIN
- 86-1173527
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $4,880,773
- Grants made (2024)
- 1
- Average grant
- $4,880,773
- Median grant
- $4,880,773
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- 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. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$4.9M
+2951.4% YoY
Grant Count
1
-94.4% YoY
Avg Grant Size
$4.9M
+54825.9% YoY
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.
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.
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.
Ready to take the next step with Meg and Tim Callahan Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
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.
Grant Insights
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%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund - Echo Fund Boston, MA | General Support | $4,880,773 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | — | −$90,263 | $4,903,613 | $4,880,773 (1 grant) |
| 2023 | $4,818,670 | $1,348,785 | $199,835 | $159,950 (18 grants) |
| 2022 | $3,669,720 | $43,051 | $288,217 | $241,100 (27 grants) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
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
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.
Contact
Mailing address: 9 West Walton Street 2002, Chicago, IL 60610
Phone: (847) 846-7726
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.
Here's the math on researching Meg and Tim Callahan Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Meg and Tim Callahan Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Illinois
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds nonprofits addressing economic mobility, wealth gaps, and urgent community needs, with priorities including homeownership, small businesses, education, quality jobs, and investment in underinvested communities. Its 2025 itemized grants had a median of $26,500, though awards vary widely; grants generally benefit Chicago-region residents, and the Trust directs applicants to open opportunities but does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Arie and Ida Crown Memorial
Chicago, IL
Arie and Ida Crown Memorial supports a broad range of organizations, including education, Jewish organizations, and community foundations. Its 2024 grants ranged from $500 to $3 million, with a median of $55,000; 55% of grant dollars went to Illinois, with additional funding in New York, Washington, DC, California, and Minnesota. The profile does not state whether it accepts unsolicited requests.
Assets
$1.4B
Grants
897
Total Given
$115.2M
The Allstate Foundation
Northbrook, IL
The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.
Assets
$89.3M
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
The Elks National Foundation funds scholarships, youth programs, veterans services, disaster relief, and community projects, primarily through Elks Lodges and state associations in communities across the United States where Elks live and work. Its 2025 grants had a median of $8,500, though amounts varied widely; the listed Beacon and Freedom Grants are limited to Elks Lodges. The profile does not state whether it accepts unsolicited requests.
Assets
$954.1M
Grants
1,536
Total Given
$36.5M
John D and Catherine T Macarthur Foundation
Chicago, IL
The foundation funds a broad range of work, including journalism, arts, Chicago communities, climate and clean energy, homelessness, human rights, and criminal justice reform. Its 2024 grants had a median of $160,000, with awards ranging from $450 to $21 million; funding is nationwide, with the largest shares going to New York, Illinois, and Washington, D.C. Application rules vary by program: some accept self-nominations or Letters of Inquiry, while others generally do not fund unsolicited proposals.
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Jewish Federation of Metropolitan Chicago
Chicago, IL
The Jewish Federation of Metropolitan funds human services, education, community programs, Jewish life, and crisis relief in the Chicago area, as well as support for Israel and Jewish communities worldwide. Its 2025 grants ranged from about $5,000 to $27.4 million, with a median of about $20,000. Unsolicited requests are not addressed for the Federation overall; its separate Jewish Women’s Foundation accepts letters of intent, with proposals by invitation only.
Assets
$1.1B
Grants
896
Total Given
$166.6M
Circle of Service Foundation
Chicago, IL
Circle of Service Foundation funds community services, education, medical research, and Jewish causes, with nearly all grants going to organizations in Cook and Lake Counties, Illinois. Grants typically range from $100 to $500,000, with a median of $25,000. It accepts unsolicited pre-applications for community services and Jewish community needs; education and medical research grants are typically by invitation, and unsolicited capital proposals are not accepted.
Assets
$592.0M
Grants
637
Total Given
$37.0M
Ea Mellinger Educational
Monmouth, IL
The foundation primarily funds undergraduate scholarships and makes a small number of educational grants to charitable organizations; in 2025, awards ranged from $183 to $15,000, with a median of $2,100. Scholarships are limited to residents of six Illinois counties, and most grant dollars go to Illinois recipients. It provides an online scholarship application, but whether it accepts unsolicited requests for organizational grants is not stated.
Assets
$25.0M
Grants
582
Total Given
$1.2M
Polk Bros Foundation Inc
Chicago, IL
Polk Bros Foundation funds community-driven Chicago nonprofits working to close the life expectancy gap, build community wealth, and foster participatory, multiracial democracy. Recent grants ranged from $100 to $250,000, with a median of $25,000. It does not accept unsolicited requests during its transition period, which ends in fall 2026; it currently offers targeted RFPs.
Assets
$334.3M
Grants
568
Total Given
$19.3M
National Council of YMCAs of the USA
Chicago, IL
Y-USA funds YMCA and affiliated World Alliance of YMCAs members for youth development, healthy living, social responsibility, and related program support. In 2024, grants ranged from $5,000 to $799,726, with a median of $55,000, and supported organizations across the United States. It states that proposals are evaluated by staff and approved through its International Group process; whether it accepts unsolicited requests is not stated.
Assets
$260.5M
Grants
540
Total Given
$44.1M
More Funders in Illinois
Meg and Tim Callahan Family Foundation down — hundreds of funders to go?