Canaan Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $984K in total assets. In 2024, it awarded 8 grants totaling $19K. Net investment income was $60K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$984K
+19.8% YoY
Annual Giving
$19K
+26.2% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
+26.2% YoY
About Canaan Foundation Trust
Based on IRS filings
Canaan Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $984K in total assets. In 2024, it awarded 8 grants totaling $19K. Net investment income was $60K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $983,551 | $820,937 | $671,170 |
| Revenue | $171,290 | $153,760 | $80,293 |
| Expenses | $49,013 | $53,992 | $38,855 |
| Qualifying Distributions | $28,930 | $34,177 | $36,898 |
| Net Investment Income | $60,339 | $96,340 | $45,031 |
| Distributable Amount | $53,397 | $35,404 | $30,034 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH M NIELSON | PRESIDENT | — | — |
| DANA A CROSBY | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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