Michael G Callas Charitable Trust

Foundation · Grantmaker Miami Beach, FL EIN: 52-1764391

The Michael G Callas Charitable Trust is a private foundation established in 1997 and based in Miami Beach, Florida. The trust is designated as a 501(c)(3) organization and operates as a family foundation with a focus on philanthropic grantmaking.

Key facts about Michael G Callas Charitable Trust

EIN: 52-1764391
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $693,245
Grants made (2024): 19
Average grant: $36,487
Median grant: $15,000
New grantees (estimate): 47% first-time grantees (9 of 19, 2024)
Total assets: $12,184,752
Primary geography: Maryland (65% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Michael G Callas Charitable Trust funds

By grant dollars, the top recipient states for Michael G Callas Charitable Trust's 19 itemized 2024 grants were Maryland (65%), Ohio (29%) and New York (5%). The most frequent recipient cities were Hagerstown, MD (12 grants) and New York, NY (2 grants). 68% of grants with a stated purpose were for general or operating support. Recurring purposes include "Program Support" (4 grants).

Is Michael G Callas Charitable Trust open to new grantees?

47%

first-time grantees, 2024

In 2024, 9 of 19 grantees (47%) were first-time recipients. First grants averaged $22K; repeat grants $50K. How we count

Medians: $25K first-time, $15K repeat.

47% of 2024 grantees were also funded in 2023. Method
Giving grew 32% from 2021 to 2024. Method
In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Michael G Callas Charitable Trust

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.2M

+1.3% YoY

Annual Giving

$693K

+22.0% YoY

Grant Count

+35.7% YoY

Avg Grant Size

$36K

-10.1% YoY

Under IRS private-foundation payout rules, Michael G Callas Charitable Trust reported a distributable amount of $831K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The trust's primary program area involves general nondividend distributions to charitable organizations. Its funding priorities include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Science and STEM Education
Higher Education

Grantmaking

The trust maintains an active grantmaking program with recent activity showing 16 grants distributed in 2023. Typical grant awards range from $750 to $250,000.

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Geographic Focus

Where this funder awards grants

The trust's grantmaking activities are concentrated primarily in Maryland, New York, and Washington.

Grant Distribution by State

Maryland $448K (65%)

Ohio $200K (29%)

New York $35K (5%)

Washington $5K (1%)

Florida $5K (1%)

Share of all 19 itemized 2024 grant dollars.

States

District of Columbia Florida Maryland New York Ohio Pennsylvania Tennessee Washington

Cities

HagerstownHudsonNew YorkWilliamsportAnnapolisLebanonSmithsburgWaynesboroBoonsboroFort LauderdaleFreelandMiamiMiami BeachPort DepositSilversaleWashington

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Total Assets: $12,027,248
Total Revenues: $537,090
Total Expenses: $783,475
Total Liabilities: $0
Number of Employees: 2

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,184,752	$12,027,248	$11,946,216
Revenue	$851,288	$537,090	$57,966
Expenses	$927,235	$783,475	$801,724
Qualifying Distributions	$803,673	$669,388	$658,553
Net Investment Income	$731,457	$422,762	$78,678
Distributable Amount	$830,601	$803,901	$684,989

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

82 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include American Endowment Fund MDC Fdn ($200,000), Hagerstown Community College ($100,000), Hospice of Washington County ($100,000).

Recipient	Purpose	Amount
AMERICAN ENDOWMENT FUND MDC FDN Hudson, OH	GENERAL	$200,000
HAGERSTOWN COMMUNITY COLLEGE Hagerstown, MD	GENERAL	$100,000
HOSPICE OF WASHINGTON COUNTY Hagerstown, MD	GENERAL	$100,000
BOYS & GIRLS CLUB OF Hagerstown, MD	TEE SPONSOR	$50,000
CHILDREN'S VILLAGE OF WASHINGTON Hagerstown, MD	GENERAL	$50,000
MARYLAND THEATRE ASSOCIATION Hagerstown, MD	GENERAL	$48,995
SALVATION ARMY Hagerstown, MD	GENERAL	$25,000
SAN MAR Boonsboro, MD	PROGRAM SUPPORT	$25,000
BUTTONWOOD New York, NY	PROGRAM SUPPORT	$25,000
ST ANNE'S EPISCOPAL CHURCH Annapolis, MD	GENRAL	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Douglas G Moul	Trustee	5	$72,841
Catherine G Bushey	Trustee	5	$72,840

Contact Information

Address: 309 E Dilido Dr, Miami Beach, FL 33139-1231

Telephone: 410-537-5491

EIN: 52-1764391

Frequently Asked Questions

What does Michael G Callas Charitable Trust fund?

The trust's primary program area involves general nondividend distributions to charitable organizations. Its funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education • Higher Education

How do I apply for a grant from Michael G Callas Charitable Trust?

The trust maintains an active grantmaking program with recent activity showing 16 grants distributed in 2023. Typical grant awards range from $750 to $250,000. Recent grants documented include: • Washington County Museum of Fine Arts: $100,000 (2023) • Boys and Girls Club of Washington County: $50,000 (2023) • The Maryland Theatre Association: $25,000 (2023) Total giving in 2023 was $693,245.

Where does Michael G Callas Charitable Trust make grants?

The trust's grantmaking activities are concentrated primarily in Maryland, New York, and Washington.

What size grants does Michael G Callas Charitable Trust award?

In 2024, Michael G Callas Charitable Trust awarded 19 grants totaling $693K — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is Michael G Callas Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael G Callas Charitable Trust reported a distributable amount of $831K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael G Callas Charitable Trust's EIN?

Michael G Callas Charitable Trust's EIN (Employer Identification Number) is 52-1764391. IRS Form 990 filing data is available on this page for 2020–2024.