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Canaan Foundation Trust is a private trust based in TRAVERSE CITY, MI. The foundation received its IRS ruling in 2021. It holds total assets of $984K. Annual income is reported at $171K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Funding is distributed across 4 states, including Michigan, Missouri, Florida. According to available records, Canaan Foundation Trust has made 21 grants totaling $63K, with a median grant of $2K. Annual giving has grown from $13K in 2021 to $15K in 2023. Grantmaking activity was highest in 2022 with $35K distributed across 7 grants. Individual grants have ranged from N/A to $20K, with an average award of $3K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Michigan, Missouri, Illinois, which account for 71% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$690
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Canaan Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in MI, MO, IL.
Canaan Foundation Trust has distributed a total of $63K across 21 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from N/A to $20K.
Canaan Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Canaan Foundation Trust is headquartered in TRAVERSE CITY, MI. While based in MI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keith M Nielson | PRESIDENT | $0 | $0 | N/A |
| Dana A Crosby | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$984K
Fair Market Value
N/A
Net Worth
$984K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$63K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Hope ChurchGENERAL DONATION | Williamsburg, MI | $3K | 2023 |
| Mission EurasiaGENERAL DONATION | Franklin, TN | $3K | 2023 |
| Living Hope Assembly Of GodGENERAL DONATION | Traverse City, MI | $3K | 2023 |
| Big LifeGENERAL DONATION | Ridgefield, WA | $2K | 2023 |
| Assemblies Of GodGENERAL DONATION | Springfield, MO | $2K | 2023 |
| Traverse Life CenterGENERAL DONATION | Traverse City, MI | $2K | 2023 |
| The Fathers HouseGENERAL DONATION | Glen Rose, TX | $1K | 2023 |
| The Garden Worship CenterGENERAL DONATION | Belleview, FL | $100 | 2023 |
| New Hope Community ChurchGeneral Operating Fund | Williamsburg, MI | $20K | 2022 |
| Living Hope Assemblies Of GodGeneral Operating Fund | Traverse City, MI | $6K | 2022 |
| Assemblies Of God Contributor ServicesGeneral Operating Fund | Springfield, MO | $2K | 2022 |
| Cedar Holdings Llc - PassthroughGeneral Operating Fund | Traverse City, MI | N/A | 2022 |
| Slavic Evangelical ChurchGeneral Operating Fund | Traverse City, MI | $5K | 2021 |
| Assemblies Of God Contributor ServiGeneral Operating Fund | Springfield, MO | $800 | 2021 |