The Parakaleo Foundation
The Parakaleo Foundation is a private foundation based in Spring, Texas. In its 2025 filing, it reported 11 grants totaling $475,698 to charitable organizations, most of them in Texas.
Key facts about The Parakaleo Foundation
In short: The Parakaleo Foundation gave $476K across 11 grants in 2025 (avg $43K), mostly in Texas. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 88-6803690
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $475,698
- Grants made (2025)
- 11
- Average grant
- $43,245
- Median grant
- $20,000
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2025)
- Total assets
- $7,821,717
- Primary geography
- Texas (93% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests; it states that it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.8M
+1.5% YoY
Annual Giving
$476K
-30.0% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$43K
-68.2% YoY
Under IRS private-foundation payout rules, The Parakaleo Foundation reported a distributable amount of $377K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Parakaleo Foundation open to new grantees?
55%
first-time grantees, 2025
In 2025, 6 of 11 grantees (55%) were first-time recipients. First grants averaged $48K; repeat grants $38K. How we count
Medians: $6K first-time, $21K repeat.
- 36% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 127% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included general operating support, travel programming, a community challenge, and scholarship support. The grantees’ own descriptions indicate a range of activities: Arise Africa says it assists impoverished orphans in Zambia; The Champion Project describes a mentoring program for teens in foster care; and The Woodlands Christian Academy describes itself as a Christ-centered college preparatory school. Other grantees describe work involving clothing for people in need, Christian athletics, community philanthropy, and nutrition education for cancer patients and families.
Grantmaking
In 2025, the foundation made 11 grants totaling $475,698. Grant amounts ranged from $500 to $250,000, with a median of $20,000. Its largest grants were $250,000 to Woodsedge Community Church for general operations and $105,250 to The Rise School of Houston for general operations. Other grants included $32,798 to Arise Africa for travel programming, $25,000 to Whitefish Community Foundation for the Great Fish Community Challenge, and $20,600 to The Champion Project for general operations.
How to Apply
The foundation does not accept unsolicited requests; it states that it makes contributions only to preselected charitable organizations.
Ready to take the next step with The Parakaleo Foundation?
Geographic Focus
Where this funder awards grants
In 2025, 93% of grant dollars went to recipients in Texas, 5% to recipients in Montana, and 2% to recipients in Missouri.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $235K (2023) to $680K (2024). In 2025 it made 11 grants totaling $476K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Woodsedge Community Church ($250K). Together the top 10 received $475K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 14 grants of 21 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Woodsedge Community Church Spring, TX | General Operations | $250,000 |
| The Rise School of Houston Houston, TX | General Operations | $105,250 |
| Arise Africa Fort Worth, TX | Travel Programming | $32,798 |
| Whitefish Community Foundation Whitefish, MT | Great Fish Community Challenge | $25,000 |
| The Champion Project The Woodlands, TX | General Operations | $20,600 |
| The Woodlands Christian Academy The Woodlands, TX | General Operations | $20,000 |
| Clothed by Faith Katy, TX | General Operations | $10,000 |
| Fellowship of Christian Athletes Kansas City, MO | General Operations | $10,000 |
| The Keyes Ingredients The Woodlands, TX | General Operations | $1,050 |
| Jack and Jill of America - the Woodlands Chapter Conroe, TX | General Operations | $500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $7,821,717 | $597,345 | $480,546 | $475,698 |
| 2024 | $7,704,918 | $4,661,694 | $685,014 | $679,609 |
| 2023 | $3,728,238 | $954,638 | $236,370 | $234,927 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,821,717 | $7,704,918 | $3,728,238 |
| Revenue | $597,345 | $4,661,694 | $954,638 |
| Expenses | $480,546 | $685,014 | $236,370 |
| Qualifying Distributions | $477,498 | $681,821 | $236,370 |
| Net Investment Income | $247,345 | $161,694 | $114,638 |
| Distributable Amount | $376,795 | $189,335 | $162,350 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Wallace Ryan Scott and Krystal Pfluger Scott as directors.
The Parakaleo Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Krystal Pfluger Scott
Director
On filings since 2022
No compensation reported
Wallace Ryan Scott
Director
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: PO Box 130821, Spring, TX 77393
Phone: (832) 741-1241
Frequently asked questions about The Parakaleo Foundation
How much does The Parakaleo Foundation give each year?
The Parakaleo Foundation gave $476K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $680K across 5 grants.
What is The Parakaleo Foundation's typical grant size?
The Parakaleo Foundation's median grant in 2025 was $20,000, and its average grant was $43,245, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Parakaleo Foundation that year got $48K on average.
Where does The Parakaleo Foundation give grants?
The Parakaleo Foundation gives mostly in Texas: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Montana (5%). The most frequent recipient cities were The Woodlands, TX (3 grants).
Does The Parakaleo Foundation give general operating support?
Yes: 73% of The Parakaleo Foundation's 2025 grants with a stated purpose (8 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Parakaleo Foundation's largest grantees?
The Parakaleo Foundation's largest 2025 grantees include Woodsedge Community Church ($250,000), The Rise School of Houston ($105,250) and Arise Africa ($32,798), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.
How large is The Parakaleo Foundation?
The Parakaleo Foundation reported $7.8M in total assets on its 2025 IRS Form 990-PF. It paid out $477K in qualifying distributions that year, against a required minimum of $377K (roughly 5% of its investment assets).
What does The Parakaleo Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included general operating support, travel programming, a community challenge, and scholarship support. See mission & focus areas ↑
How do I apply for a grant from The Parakaleo Foundation?
The foundation does not accept unsolicited requests; it 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 ↑
What is The Parakaleo Foundation's EIN?
The Parakaleo Foundation's EIN (Employer Identification Number) is 88-6803690. IRS Form 990 filing data is available on this page for 2022–2025.
Does The Parakaleo 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 The Parakaleo Foundation by hand.
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