//
Also known as: CO GLOBAL BUSINESS MANAGEMENT INC
Canet Foundation is a private corporation based in SHERMAN OAKS, CA. The foundation received its IRS ruling in 2003. The principal officer is % Global Business Management. It holds total assets of $12.5M. Annual income is reported at $2.7M. The foundation operates in the area of education. According to available records, Canet Foundation has made 66 grants totaling $1.3M, with a median grant of $10K. The foundation has distributed between $323K and $620K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $620K distributed across 32 grants. Individual grants have ranged from $2K to $70K, with an average award of $20K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in California, New Mexico, Nevada, which account for 82% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Canet Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in CA, NM, NV.
Canet Foundation has distributed a total of $1.3M across 66 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $2K to $70K.
The application deadline is QUARTERLY. YES, AS SET FORTH IN THE BYLAWS OF THE FOUNDATION.
Canet Foundation is headquartered in SHERMAN OAKS, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas Torokvei | Director | $57K | $22K | $79K |
| David Garelick | Secretary | $0 | $0 | $0 |
| Brant Van Hoffman | BOARD MEMBER | $0 | $0 | $0 |
| John L Hart | Director | $0 | $0 | $0 |
| John Brooks | BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$838K
Total Assets
$12.6M
Fair Market Value
$8.1M
Net Worth
$12.6M
Grants Paid
$355K
Contributions
$0
Net Investment Income
$646K
Distribution Amount
$0
Total: $4.3M
Total Grants
66
Total Giving
$1.3M
Average Grant
$20K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| StriveEDUCATIONAL PROGRAMS | Los Angeles, CA | $60K | 2023 |
| A Place Called HomeEDUCATIONAL PROGRAMS | Los Angeles, CA | $40K | 2023 |
| Get LitEDUCATIONAL PROGRAMS | Los Angeles, CA | $20K | 2023 |
| Assistance LeagueCHARITABLE PURPOSE | Burbank, CA | $5K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| YmcaCHARITABLE PURPOSE |
| Valencia, CA |
| $5K |
| 2023 |
| Operation Progress Student AssistanEDUCATIONAL PROGRAMS | Los Angeles, CA | $40K | 2023 |
| Kids In The SpotlightCHARITABLE PURPOSE | Burbank, CA | $40K | 2023 |
| Inner-City ArtsEDUCATIONAL PROGRAMS | Los Angeles, CA | $35K | 2023 |
| University Of VictoriaCHARITABLE PURPOSE | Victoria | $25K | 2023 |
| Santa Fe Art InstituteEDUCATIONAL PROGRAMS | Santa Fe, NM | $20K | 2023 |
| Temple Beth SholomEDUCATIONAL PROGRAMS | Temecula, CA | $20K | 2023 |
| Juju FoundationCHARITABLE PURPOSE | Las Vegas, NV | $10K | 2023 |
| Create Now IncARTS EDUCATION | Los Angeles, CA | $10K | 2023 |
| Shanyce CostainCHARITABLE PURPOSE | Victoria | $5K | 2023 |
| Sooke Boxing ClubCHARITABLE PURPOSE | Sooke | $5K | 2023 |
| The Boys Girls ClubEDUCATIONAL PROGRAMS | Los Angeles, CA | $5K | 2023 |
| Scv Senior CenterCHARITABLE PURPOSE | Santa Clarita, CA | $5K | 2023 |
| Brookes Westshore School SocietyCHARITABLE PURPOSE | Victoria | $4K | 2023 |
| Boy Scouts Of AmericaCHARITABLE PURPOSE | Irving, TX | $2K | 2023 |
| Saturday Night Bath Concert FundCHARITABLE PURPOSE | Lawndale, CA | $8K | 2022 |
| Kogi Group CorpFEEDING PROGRAM | Los Angeles, CA | $10K | 2020 |
| The Commonwealth ClubEDUCATIONAL PROGRAMS | San Francisco, CA | $10K | 2020 |
| Santa Clarita Family YmcaEDUCATIONAL PROGRAMS | Valencia, CA | $5K | 2020 |
© 2026 Granted AI