Private foundation · EIN 88-6803690 · Spring, Texas · Philanthropy & grantmaking

Parakaleo Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 11 grants paid, $476K total, median $20K. 82% of grants stayed in Texas.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
11
$476K
Median grant
$20K
Stays in TX
82%
of grants
Deadline
—
Assets
$7.8M

Grants paid in 2025

11 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Woodsedge Community ChurchSpring, TXGeneral operations$250K
The Rise School of HoustonHouston, TXGeneral operations$105K
Arise AfricaFort Worth, TXTravel programming$33K
Whitefish Community FoundationWhitefish, MTGreat fish community challenge$25K
The Champion ProjectThe Woodlands, TXGeneral operations$21K
The Woodlands Christian AcademyThe Woodlands, TXGeneral operations$20K
Clothed By FaithKaty, TXGeneral operations$10K
Fellowship of Christian AthletesKansas City, MOGeneral operations$10K
The Keyes IngredientsThe Woodlands, TXGeneral operations$1,050
Jack and Jill of America - the Woodlands ChapterConroe, TXGeneral operations$500
The Association of Former Students - Texas A&m UniversityCollege Station, TXScholarship support$500

By state: Texas 9 · Montana 1 · Missouri 1

About this foundation

Parakaleo Foundation is a private grantmaking foundation in Spring, Texas, tax-exempt since 2023. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Parakaleo Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Parakaleo Foundation give each year?

In tax year 2025 it paid $476K across 11 grants, a median of $20K.

Where does Parakaleo Foundation give?

Texas (9 grants), Montana (1 grants), Missouri (1 grants), per its latest filing.

More foundations near Spring that accept applications

All in Texas
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Exxonmobil Foundationsince 1957 Spring, TX $21M66 grants · 2024 $4,200Preselected only $78M
Hand Family Foundationsince 2019 Spring, TX $242K20 grants · 2025 $4,500Preselected only $8.9M
Patti and Paul Yetter Foundationsince 2023 Spring, TX $556K61 grants · 2024 $4,000Preselected only $6.3M
Wildlife Heritage Foundation of Texassince 2000 Spring, TX $61K3 grants · 2025 $20KYes $5.2M
World Truth Foundationsince 1986 Spring, TX $200K2 grants · 2024 $100KPreselected only $4.9M
Posey-Glickert Foundationsince 2009 Spring, TX $191K11 grants · 2025 $15KPreselected only $4.5M
Anthony & Lea Ann Hildebrandt Family Foundationsince 2019 Spring, TX $191K3 grants · 2024 $12KYes $3.4M
Ken & Ruth Melber Foundation Incsince 2011 Spring, TX — —Preselected only $2.5M
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