Canfield Family Foundation is a private foundation focused on Education, based in AUSTIN, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 3 grants totaling $4.2M. Net investment income was $4.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+49.3% YoY
Annual Giving
$4.2M
+25.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$1.4M
+25.5% YoY
Under IRS private-foundation payout rules, Canfield Family Foundation reported a distributable amount of $257K for 2024 — the minimum it must pay out in qualifying distributions.
About Canfield Family Foundation
Based on IRS filings
Canfield Family Foundation is a private foundation focused on Education, based in AUSTIN, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 3 grants totaling $4.2M. Net investment income was $4.2M.
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 | $9,374,201 | $6,277,627 | $4,536,802 |
| Revenue | $11,237,790 | $6,428,843 | $7,524,660 |
| Expenses | $4,215,109 | $3,360,198 | $4,291,243 |
| Qualifying Distributions | $4,189,146 | $3,357,740 | $4,291,243 |
| Net Investment Income | $4,173,473 | $1,472,009 | $2,486,465 |
| Distributable Amount | $257,033 | $236,181 | $233,047 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Texas ($2,129,977), Breakthrough ($1,050,000), Mobile Loaves and Fishes ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF TEXAS AUSTIN, TX | BEST USE | $2,129,977 |
| MOBILE LOAVES AND FISHES AUSTIN, TX | BEST USE | $1,000,000 |
| BREAKTHROUGH AUSTIN, TX | BEST USE | $1,050,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP CANFIELD | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Canfield Family Foundation?
Canfield Family Foundation is a private foundation focused on Education, based in AUSTIN, TX. It holds $9.4M in total assets as of 2024.
How large is Canfield Family Foundation?
As of 2024, Canfield Family Foundation holds $9.4M in total assets with $11.2M in annual revenue. It awarded 3 grants totaling $4.2M in 2024.
Where does Canfield Family Foundation operate?
Canfield Family Foundation has awarded grants in Ohio, Texas.
What size grants does Canfield Family Foundation award?
In 2024, Canfield Family Foundation awarded 3 grants totaling $4.2M — an average of about $1.4M per grant, based on its IRS Form 990 filings.
How much is Canfield Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Canfield Family Foundation reported a distributable amount of $257K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Canfield Family Foundation's EIN?
Canfield Family Foundation's EIN (Employer Identification Number) is 83-6346588. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Canfield Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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