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Canopy Foundation is a private corporation based in PLANO, TX. The foundation received its IRS ruling in 2020. It holds total assets of $514K. Annual income is reported at $79K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Canopy Foundation has made 4 grants totaling $307K, with a median grant of $83K. Annual giving has grown from $25K in 2020 to $50K in 2023. Grantmaking activity was highest in 2021 with $232K distributed across 2 grants. Individual grants have ranged from $25K to $116K, with an average award of $77K. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Canopy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
Canopy Foundation has distributed a total of $307K across 4 grants. The median grant size is $83K, with an average of $77K. Individual grants have ranged from $25K to $116K.
Canopy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Canopy Foundation is headquartered in PLANO, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Umair Shah | President | $0 | $0 | $0 |
| Rashad Tahir | Treasurer | $0 | $0 | $0 |
| Asiya Salejee | Secretary | $0 | $0 | $0 |
Total Giving
$51K
Total Assets
$473K
Fair Market Value
$0
Net Worth
$473K
Grants Paid
$50K
Contributions
$130K
Net Investment Income
$475
Distribution Amount
$0
Total Grants
4
Total Giving
$307K
Average Grant
$77K
Median Grant
$83K
Unique Recipients
1
Most Common Grant
$116K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eagle InstituteNEW SCHOOL BUILDING | Mckinney, TX | $50K | 2023 |
Other foundations that have funded Canopy Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| David And Lucile Packard Foundation | $175K | 2023 | Environment and Science |
HOUSTON, TX
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