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Also known as: C/O PHILIP E CANOVA
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Verna O Canova Foundation is a private corporation based in MARINE ST CRX, MN. The foundation received its IRS ruling in 2014. The principal officer is Philip E Canova. It holds total assets of $4.4M. Annual income is reported at $509K. Total assets have decreased from $6M in 2014 to $4.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Verna O Canova Foundation has made 95 grants totaling $1.5M, with a median grant of $15K. The foundation has distributed between $353K and $739K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $739K distributed across 46 grants. Individual grants have ranged from $3K to $45K, with an average award of $16K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in Pennsylvania, Massachusetts, Minnesota, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$15K
Average Grant
$20K
Largest Grant
$45K
Based on 22 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.
Verna O Canova Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in PA, MA, MN.
Verna O Canova Foundation has distributed a total of $1.5M across 95 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $3K to $45K.
The application deadline is BY THE END OF FEBRUARY.
Verna O Canova Foundation is headquartered in MARINE ST CRX, MN. While based in MN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cynthia C Landreth | PRESIDENT, SECRETARY, DIRE | $20K | $0 | $20K |
| Philip E Canova | VICE PRESIDENT, TREASURER, | $12K | $0 | $12K |
Total Giving
$433K
Total Assets
$4.4M
Fair Market Value
$5.8M
Net Worth
$4.4M
Grants Paid
$353K
Contributions
N/A
Net Investment Income
$81K
Distribution Amount
$267K
Total: $4.2M
Total Grants
95
Total Giving
$1.5M
Average Grant
$16K
Median Grant
$15K
Unique Recipients
38
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Via Of The Lehigh ValleyMISSION AND PROGRAM SUPPORT | Bethlehem, PA | $30K | 2023 |
| Cape Wellness CollaborativeWELLNESS SUPPORT | South Yarmouth, MA | $25K | 2023 |
| Manito Life CenterEQUINE THERAPY SERVICES | Allentown, PA | $20K | 2023 |
| Third Street Alliance For Women & ChildrenHOUSING AND EDUCATION | Easton, PA | $20K | 2023 |
| James P Harrington OrganizationPROGRAM AND EVENTS SUPPORT | Marshfield, MA | $20K | 2023 |
| Boys & Girls Club Of AllentownAFTERSCHOOL PROGRAMS | Allentown, PA | $15K | 2023 |
| Repertory Dance TheatreDANCE PROGRAM SUPPORT | Allentown, PA | $15K | 2023 |
| Kidspeace Children'S HospitalGENERAL FUNDING | Schnecksville, PA | $15K | 2023 |
| Community Music SchoolMUSIC LESSONS AND INSTRUMENTS | Allentown, PA | $15K | 2023 |
| Ripple Community IncRCI VILLAGE | Allentown, PA | $15K | 2023 |
| The Literacy CenterADULT LITERACY PROGRAMS | Allentown, PA | $15K | 2023 |
| Ballet Guild Of Lehigh ValleyDANCE PROGRAM SUPPORT | Bethlehem, PA | $13K | 2023 |
| Lehigh Valley Italian BandBAND SUPPORT | Allentown, PA | $10K | 2023 |
| Community Bike WorksEARN A BIKE PROGRAM | Allentown, PA | $10K | 2023 |
| Bach Roots FestivalFESTIVAL SUPPORT | Northfield, MN | $10K | 2023 |
| Aspire To Autonomy IncPROGRAM AND EVENTS SUPPORT | Allentown, PA | $10K | 2023 |
| Bloom For Women IncPROGRAM AND EVENTS SUPPORT | Bethlehem, PA | $10K | 2023 |
| Bradbury Sullivan LgbtMISSION AND PROGRAM SUPPORT | Allentown, PA | $10K | 2023 |
| Flint Hill Farm Education CenterAGRICULTURAL EDUCATION PROGRAMS | Coopersburg, PA | $10K | 2023 |
| Guardian Support Agency IncMISSION AND PROGRAM SUPPORT | Allentown, PA | $10K | 2023 |
| Meals On Wheels Of Lehigh CountyMEALS PROGRAM | Allentown, PA | $10K | 2023 |
| The Allentown BandBAND SUPPORT | Allentown, PA | $10K | 2023 |
| Touchstone TheatreARTS EDUCATION | Bethlehem, PA | $10K | 2023 |
| Share Care Faith In ActionCAREGIVING ASSISTANCE SUPPORT | Bethlehem, PA | $10K | 2023 |
| Pioneer Band Of Allentown IncBAND SUPPORT | Allentown, PA | $8K | 2023 |
| Hcsc - Blood CenterBLOOD CENTER NEEDS | Allentown, PA | $5K | 2023 |
| Macungie BandBAND SUPPORT | Macungie, PA | $3K | 2023 |
| Good Shepherd RehabilitationGENERAL CONTRIBUTION | Allentown, PA | $35K | 2022 |
| Pa Court Appointed Special Advocates AssociationGENERAL CONTRIBUTION | Carlisle, PA | $20K | 2022 |
| Chatham Orpheum TheatreGENERAL CONTRIBUTION | Chatham, MA | $20K | 2022 |