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Canarelli Family Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 2021. The principal officer is Canarelli Family Foundation. It holds total assets of $15.1M. Annual income is reported at $4.7M. Total assets have grown from $10M in 2019 to $15.1M in 2024. The foundation is governed by 8 officers and trustees. Tax records are available from 2020 to 2024. Funding is distributed across 8 states, including Las Vegas Valley, Nevada, California. According to available records, Canarelli Family Foundation has made 135 grants totaling $5.2M, with a median grant of $25K. Annual giving has grown from $1M in 2020 to $3.6M in 2022. Individual grants have ranged from $1K to $1M, with an average award of $39K. The foundation has supported 58 unique organizations. The foundation primarily supports organizations in Nevada, California, Illinois, which account for 96% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
The Canarelli Family Foundation is a Las Vegas-based private family foundation (EIN 84-3517054) established in 2019 with a substantial $10 million initial contribution. Led by President Heidi E. Canarelli and family members Jeffrey L. Canarelli, Lawrence D. Canarelli, and Alyssa Canarelli, the foundation has grown into an active grantmaker disbursing nearly $2.8 million annually. The foundation's mission is to inspire and nurture individuals through five pillars: Education, Health, Housing Sustainability, Arts, and Sports, primarily within the Las Vegas Valley. No officers receive compensation. Prospective grantees should frame proposals around community-level impact in one of the five focus pillars, emphasizing measurable outcomes and direct beneficiary reach. The foundation favors mid-range programmatic funding ($1,000-$180,000 range) over large capital grants, so requests in the $20,000-$75,000 range are most likely to succeed.
The foundation awarded 70 grants totaling $2,703,396 in fiscal year 2024, up from 61 grants ($2,370,559) in 2023 and 58 grants in 2022. The rapid scaling from 1 grant in 2020 to 70 in 2024 demonstrates aggressive ramp-up in philanthropic activity. Average grant size is approximately $38,600. Education grants target mentoring and after-school programs. Health grants fund physical, medical, and mental health promotion plus medical research. Housing grants support veterans and at-risk populations. Arts grants cover music, theater, visual art, creative writing, and dance. Sports grants focus on self-esteem, team relationships, and physical/mental growth. Geographic reach extends primarily across the Las Vegas Valley, with additional grants in California, Texas, Illinois, Kentucky, New York, and Oregon.
| Foundation | Location | Assets | Annual Giving | Grants/Year | Focus Areas |
|---|---|---|---|---|---|
| Canarelli Family Foundation | Las Vegas, NV | $15.1M | $2.7M | 70 | Education, Health, Housing, Arts, Sports |
| Terri & Roland Sturm Family Foundation | Las Vegas, NV | ~$15M | ~$1.5M | 36 | Education, Human Services |
| Boyd Foundation | Las Vegas, NV | ~$20M | ~$2M | 25 | Education, Community Development |
| Mary Bartsas Charitable Foundation | Las Vegas, NV | ~$12M | ~$1.2M | 28 | Human Services, Education |
| Caesars Foundation | Las Vegas, NV | ~$25M | ~$3M | 40+ | Education, Health, Arts, Civic Engagement |
The Canarelli Family Foundation is notably more active in grant count (70) than most Las Vegas peers of similar size, and its 18% payout rate significantly exceeds the 5% IRS minimum, placing it among the most generous local family foundations by distribution rate.
Total assets stand at $15.1 million with zero liabilities. Revenue in 2024 was $1.26 million sourced from dividends (47%), asset sales (51%), and interest (1%). Expenses totaled $2.86 million with charitable disbursements at 97% of total expenditures. The foundation is spending down from its $20 million peak in 2021. At the current rate of ~$2.8M annual disbursement, the foundation has approximately 5-6 years of runway without additional contributions. Grant count has grown from 1 (2020) to 18 (2021) to 58 (2022) to 61 (2023) to 70 (2024), showing consistent year-over-year expansion. The most recent 990-PF was filed October 30, 2025.
A letter of inquiry (LOI) must precede any formal grant proposal, with an August 1st annual deadline. The LOI screens whether an organization fits within the foundation's eligibility guidelines before a full proposal is invited. Applicants should: (1) Align tightly with one of the five pillars: Education, Health, Housing, Arts, or Sports. (2) Demonstrate Las Vegas Valley presence or impact, though multi-state proposals are considered. (3) Keep initial requests in the $20,000-$75,000 range based on average grant patterns. (4) Emphasize measurable community outcomes and direct beneficiary counts. (5) Submit LOI well before August 1st deadline. (6) Reference specific programs rather than general operating support.
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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.
The foundation awarded 70 grants totaling $2,703,396 in fiscal year 2024, up from 61 grants ($2,370,559) in 2023 and 58 grants in 2022. The rapid scaling from 1 grant in 2020 to 70 in 2024 demonstrates aggressive ramp-up in philanthropic activity. Average grant size is approximately $38,600. Education grants target mentoring and after-school programs. Health grants fund physical, medical, and mental health promotion plus medical research. Housing grants support veterans and at-risk populations. .
Canarelli Family Foundation has distributed a total of $5.2M across 135 grants. The median grant size is $25K, with an average of $39K. Individual grants have ranged from $1K to $1M.
The Canarelli Family Foundation is a Las Vegas-based private family foundation (EIN 84-3517054) established in 2019 with a substantial $10 million initial contribution. Led by President Heidi E. Canarelli and family members Jeffrey L. Canarelli, Lawrence D. Canarelli, and Alyssa Canarelli, the foundation has grown into an active grantmaker disbursing nearly $2.8 million annually. The foundation's mission is to inspire and nurture individuals through five pillars: Education, Health, Housing Susta.
Canarelli Family Foundation is headquartered in LAS VEGAS, NV. While based in NV, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tina M Goode | Assistant Sec | $0 | $0 | N/A |
| Lawrence D Canarelli | Dir | $0 | $0 | N/A |
| Alyssa Canarelli | Dir | $0 | $0 | N/A |
| Jeffrey L Canarelli | Dir | $0 | $0 | N/A |
| Teresa Dennis | Sec | $0 | $0 | N/A |
| Heidi E Canarelli | Dir, Pres | $0 | $0 | N/A |
| Stacia Lemke | Dir | $0 | $0 | N/A |
| Robert M Evans | Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$15.1M
Fair Market Value
N/A
Net Worth
$15.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
135
Total Giving
$5.2M
Average Grant
$39K
Median Grant
$25K
Unique Recipients
58
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Babys BountyGeneral & Unrestricted | Las Vegas, NV | $133K | 2022 |
| Communities In Schools Of NevadaGeneral & Unrestricted | Las Vegas, NV | $112K | 2022 |
| Nathan Adelson Hospice Foundation IncGeneral & Unrestricted | Las Vegas, NV | $100K | 2022 |
| Collaboration Center FoundationGeneral & Unrestricted | Las Vegas, NV | $100K | 2022 |
| Faith Lutheran Middle School & High SchoolMark 10:14 Program | Las Vegas, NV | $80K | 2022 |
| St Judes Ranch For Children-Nevada Region IncGeneral & Unrestricted | Boulder City, NV | $65K | 2022 |
| United States Veterans InitiativePermanent Housing For Clark County Veterans | Los Angeles, CA | $60K | 2022 |
| Olive CrestTeen and Youth Adult Project Resiliency | Santa Ana, CA | $58K | 2022 |
| Amyotrophic Lateral Sclerosis AssocGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Clark County Public Education Foundation IncTeacher Pathway Program | Las Vegas, NV | $50K | 2022 |
| Nevada Partnership For Homeless YouthGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Nevada Ballet TheatreCommunity Education Program | Las Vegas, NV | $50K | 2022 |
| Grant A Gift Autism FoundationGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Help Of Southern NevadaShannon West Homeless Youth Center | Las Vegas, NV | $50K | 2022 |
| Family Promise Of Las VegasGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Safe Nest Temporary Assistance For Domestic CrisisGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Capability Health & Human ServicesGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Positively Arts Foundation IncGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| The Shade Tree IncorporatedGeneral & Unrestricted | Las Vegas, NV | $50K | 2022 |
| Edward Kline Memorial Homeless Veterans FundGeneral & Unrestricted | Las Vegas, NV | $33K | 2022 |
| Habitat For Humanity International IncGeneral & Unrestricted | Las Vegas, NV | $25K | 2022 |
| Foundation For Positively KidsGeneral & Unrestricted | Las Vegas, NV | $25K | 2022 |
| Alliance For Childhood DiseasesGeneral & Unrestricted | Las Vegas, NV | $25K | 2022 |
| Childrens Advocacy AllianceNevada Foster Youth Workforce Development Internship program | Las Vegas, NV | $25K | 2022 |
| Dominican UniversityWomen's Soccer program | River Forest, IL | $25K | 2022 |
| Discovery Childrens MuseumDiscovery on Wheels Program | Las Vegas, NV | $25K | 2022 |
| Spread The Word NevadaGeneral & Unrestricted | Henderson, NV | $25K | 2022 |