The Callaway Foundation is a private, non-operating foundation established in 2002 and headquartered in Temple, Texas. The organization operates as a family foundation with a focus on educational scholarships and grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.9M
-1.0% YoY
Annual Giving
$531K
-0.9% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$21K
-0.9% YoY
Mission & Focus Areas
The foundation's primary purpose centers on the sale of investment securities to support its grantmaking activities. Its funding priorities emphasize scholarships for education, with a particular focus on supporting higher education institutions.
Grantmaking
The foundation made 16 grants in 2024 with total giving of $531,422. Grant awards typically range from $1,000 to $120,650.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with some activity in Washington and Oklahoma.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $11,882,277
- Total Revenues: $493,288
- Total Expenses: $657,840
- Investment Income and Dividends: $428,462
- Net Gain from Sale of Non-Inventory Assets: $64,826
As of December 2023:
- Investment Income and Dividends: $404,666
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,882,277 | $12,004,021 | $11,674,995 |
| Revenue | $493,288 | $976,786 | $549,163 |
| Expenses | $657,840 | $652,383 | $617,252 |
| Qualifying Distributions | $558,903 | $566,719 | $526,198 |
| Net Investment Income | $406,826 | $897,492 | $458,253 |
| Distributable Amount | $591,337 | $537,740 | $570,060 |
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
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN J KOCH | TRUSTEE | 15 | $38,000 |
Contact Information
Address: 605 W Park Ave, Temple, TX 76501-1641
Telephone: 254-760-4756
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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