Canaan Foundation

TRAVERSE CITY, MI EIN: 38-3444062

Canaan Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 5 grants totaling $12K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$12K

+360.3% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$2K

+268.2% YoY

About Canaan Foundation

Based on IRS filings

Canaan Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 5 grants totaling $12K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

NAPLESNaplesTRAVERSE CITYTraverse CityWHEATONWheatonWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021
Metric20212020
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K4 grants20205 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

New Hope Church$11KLiving Hope Assembly of …$498Mission Eurasia$200Big Life$168Traverse Life Center$138

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include New Hope Church ($11,000), Living Hope Assembly of God ($498), Mission Eurasia ($200).

RecipientPurposeAmount
Big Life Naples, FLGeneral Operating Fund$168
Living Hope Assembly of God Traverse City, MIGeneral Operating Fund$498
Mission Eurasia Wheaton, ILGeneral Operating Fund$200
New Hope Church Williamsburg, MIGeneral Operating Fund$11,000
Traverse Life Center Traverse City, MIGeneral Operating Fund$138

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
Keith M NielsonPresident
Dana A CrosbyVice President

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Canaan Foundation?

Canaan Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. It holds — in total assets as of 2021.

Where does Canaan Foundation operate?

Canaan Foundation has awarded grants in Florida, Illinois, Michigan.

What size grants does Canaan Foundation award?

In 2021, Canaan Foundation awarded 5 grants totaling $12K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Canaan Foundation's EIN?

Canaan Foundation's EIN (Employer Identification Number) is 38-3444062. IRS Form 990 filing data is available on this page for 2020–2021.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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