Canvas Credit Union
Canvas Credit Union is a member-owned credit union based in Lone Tree, Colorado. Founded in 1938, it provides financial services to its members and says its mission is to help them afford life. Its community giving supports organizations and initiatives, with most 2024 grant dollars going to recipients in Colorado.
Canvas Credit Union at a glance
In short: Canvas Credit Union gave $831K across 22 grants in 2024 (avg $38K), mostly in Colorado. 32% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $830,778
- -1.8% vs 2023
- Grants made (2024)
- 22
- -15.4% vs 2023
- Average grant
- $37,763
- +16.0% vs 2023
- Median grant
- $12,417
- Total assets
- $4,585,707,238
- +4.9% vs 2023
- New grantees (estimate)
- 32% first-time grantees (7 of 22, 2024; small sample)
- Primary geography
- Colorado (56% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Canvas Credit Union
- Contact
Mailing address: 9990 Park Meadows Drive, Lone Tree, CO 80124
Phone: (303) 691-2345
Website: https://canvas.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Canvas Credit Union funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Playfly Sports Properties LLC ($278K). Together the top 10 received $733K.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was under $50K: 78 grants of 100 (78%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Colorado received 56% of grant dollars. Recipients in Pennsylvania received 33%, North Carolina 6%, and Utah 4%.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
States
Cities
Is Canvas Credit Union open to new grantees?
32%
first-time grantees, 2024
In 2024, 7 of 22 grantees (32%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $46K; repeat grants $34K. How we count
Medians: $6K first-time, $25K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $482K (2020) to $935K (2022). In 2024 it made 22 grants totaling $831K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Playfly Sports Properties LLC Berwyn, PA | Donation | $277,750 |
| Colorado State University Pueblo Foundation Pueblo, CO | Donation | $115,600 |
| Canvas Foundation Lone Tree, CO | Donation | $105,202 |
| Teall Properties Group LLC Charlotte, NC | Donation | $52,500 |
| Colorado State University Fort Collins, CO | Donation | $51,905 |
| Cherry Creek Arts Festival DBA Cherryarts Denver, CO | Donation | $32,500 |
| Children's Miracle Network Salt Lake City, UT | Donation | $31,187 |
| Special Olympics Colorado Centennial, CO | Donation | $25,000 |
| Children's Hospital Colorado Foundation Aurora, CO | Donation | $24,500 |
| University of Denver Denver, CO | Donation | $16,500 |
Ready to take the next step with Canvas Credit Union?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,585,707,238 | $360,602,257 | $336,830,861 | $830,778 | 22 | $21,105,884 |
| 2023 | $4,370,149,466 | $307,994,247 | $276,485,261 | $846,132 | 26 | $14,407,221 |
| 2022 | $4,272,444,159 | $237,343,960 | $188,229,132 | $935,381 | 26 | $9,476,816 |
| 2021 | $3,601,131,958 | $198,159,456 | $143,000,710 | $567,315 | 14 | $10,804,063 |
| 2020 | $3,275,493,531 | $188,336,288 | $161,184,973 | $482,453 | 12 | $15,957,440 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Canvas’s stated mission is to help individuals and families make better decisions and grow stronger financially by providing simple, relevant products and services at consistently honest value, and to help members afford life.
Its 2024 grants included support for education, youth, arts, health, and sports-related organizations. For example, the Canvas Foundation describes its mission as supporting schools, families, military members, and first responders; Colorado State University Strata says it aids research and educational efforts in the Colorado State University System; and Children’s Miracle Network says it raises money for children’s healthcare in local communities. Special Olympics Colorado describes its work as providing sports training and athletic competition for people with intellectual disabilities.
Grantmaking
Canvas reported 22 grants totaling $830,778 in 2024. Awards ranged from $5,500 to $277,750, with a median grant of $12,417. The largest grants included $277,750 to Playfly Sports Properties LLC, $115,600 to Colorado State University Pueblo Foundation, $105,202 to Canvas Foundation, $52,500 to Teall Properties Group LLC, and $51,905 to Colorado State University. The filing lists each grant’s purpose as “donation.”
The filing states that Canvas monitors grant-fund use by attending sponsorship events and/or observing results in the community.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Tom Lash as chairman, Rosalynn Feagins as vice chair, Josh Burchfield as treasurer, and Jerome Davis as secretary. Directors listed were Tim Farrell, Scott Aaronson, Tim Reed, Leah Reed, and Natriece Bryant. Gary Jones was listed as a former director.
Canvas Credit Union is led by Chad Shane, CEO since 2024 (on filings since 2020); all 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Chad Shane
CEO
Chief Lending → Chief Lending Officer, 2021
Chief Lending Officer → CEO, 2024
On filings since 2020
40 hrs/week
$405K (2020) → $703K (2024)
Tom Lash
Chairman
Vice Chairman → Chairman, 2022
On filings since 2020
5 hrs/week
$24K (2020) → $60K (2024)
Scott Aaronson
Director
On filings since 2020
3 hrs/week
$24K (2020) → $35K (2024)
Tim Farrell
Director
On filings since 2020
3 hrs/week
$24K (2020) → $35K (2024)
Tim Reed
Director
Chairman → Director, 2022
On filings since 2020
3 hrs/week
$36K (2020) → $35K (2024)
Leah Reed
Director
New on the 2024 filing
3 hrs/week
$23K (2024)
Natriece Bryant
Director
New on the 2024 filing
3 hrs/week
$35K (2024)
Benjamin Greiving
General Counsel
On filings since 2020
40 hrs/week
$322K (2020) → $470K (2024)
Carlos Vazquez
Senior Vice President Ciso
Vice President → Senior Vice President Ciso, 2021
On filings since 2020
40 hrs/week
$279K (2020) → $515K (2024)
Chris Myklebust
Chief Transformation Officer
On filings since 2020
40 hrs/week
$299K (2020) → $477K (2024)
Colleen Knoll
CFO
Senior Vice President & CFO → CFO, 2021
On filings since 2020
40 hrs/week
$595K (2020) → $893K (2024)
Darryl Marksberry
Former CEO
CEO → Former CEO, 2024
On filings since 2020
40 hrs/week
$2M (2020) → $4.5M (2024)
David Pierce
Senior Vice President & CIO
On filings since 2020
40 hrs/week
$519K (2020) → $584K (2024)
Gary Jones
Former Director
Director → Former Director, 2024
On filings since 2020
3 hrs/week
$24K (2020) → $12K (2024)
Jerome Davis
Secretary
Director → Secretary, 2021
On filings since 2020
3 hrs/week
$24K (2020) → $35K (2024)
Josh Burchfield
Treasurer
Secretary → Director, 2021
Director → Treasurer, 2022
On filings since 2020
3 hrs/week
$24K (2020) → $35K (2024)
Robert Spratte
Senior Vice President of Loss Mit & Com Cen
Vice President Loss Mitigat → Senior Vice President of Loss Mit & Com Cen, 2024
On filings since 2020
40 hrs/week
$221K (2020) → $464K (2024)
Rosalynn Feagins
Vice Chair
Treasurer → Vice Chair, 2022
On filings since 2020
3 hrs/week
$24K (2020) → $45K (2024)
Ryan Klassen
Senior Vice President Consumer Lending
Vice President Lending → Senior Vice President Consumer Lending, 2021
On filings since 2020
40 hrs/week
$253K (2020) → $480K (2024)
Sara Ott
Chief Retail Officer
Vice President Mort Lending → Chief Retail Officer, 2022
On filings since 2020
40 hrs/week
$240K (2020) → $544K (2024)
Stephen Ferrero
Chief Committee Eng Officer
Vice President → Chief Committee Eng Officer, 2021
On filings since 2020
40 hrs/week
$406K (2020) → $572K (2024)
Andrew Watson
Senior Vice President Mortgage Lending
On filings since 2023
40 hrs/week
$1.1M (2023) → $992K (2024)
Fabbiana Vecchiarelli-Rukavina
Mortage Loan Orig I
New on the 2024 filing
40 hrs/week
$441K (2024)
Former officers (14)
- Former: Mark Macnicholas (2020–2023) — Vice President - Controller
- Former: Shelby Parkhill (2023) — Mortgage Loan Orig
- Former: Scott Kline (2020–2022) — Bus Serv Officer
- Former: Tansley Stearns (2020–2022) — C P & S Officer
- Former: Steven Kitchen (2021–2022) — Senior Committee Re Loan Officer
- Former: Damian Jakubcyk (2022) — Vice President Digital Innovation
- Former: Christopher Chippindale (2020–2021) — Former COO
- Former: John Davidson (2020–2021) — Director
- Former: Tammy Jacoby (2021) — Mort Loan Officer
- Former: Dennis Tabor (2020) — Vice President of It
- Former: Justin Kautz (2020) — Vice President of Finance
- Former: Keri Bills (2020) — Loan Originator
- Former: Kevin Holt (2020) — Mtg Loan Orig I
- Former: Louis Lubick (2020) — Clo & Vice President Committee Out
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4.5M, to Darryl Marksberry (Former CEO). 23 officers or directors reported compensation on that filing.
Frequently asked questions about Canvas Credit Union
How much does Canvas Credit Union give each year?
Canvas Credit Union gave $831K across 22 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $846K across 26 grants.
What is Canvas Credit Union's typical grant size?
Canvas Credit Union's median grant in 2024 was $12,417, and its average grant was $37,763, across 22 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Canvas Credit Union that year got $46K on average.
Where does Canvas Credit Union give grants?
Canvas Credit Union gives mostly in Colorado: 56% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Pennsylvania (33%) and North Carolina (6%). The most frequent recipient cities were Denver, CO (5 grants), Fort Collins, CO (3 grants), Grand Junction, CO (3 grants) and Lone Tree, CO (2 grants).
Does Canvas Credit Union give general operating support?
Not in 2024: none of the 22 grants with a stated purpose on Canvas Credit Union's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Donation" (22 grants).
Who are Canvas Credit Union's largest grantees?
Canvas Credit Union's largest 2024 grantees include Playfly Sports Properties LLC ($277,750), Colorado State University Pueblo Foundation ($115,600) and Canvas Foundation ($105,202), according to its 2024 IRS Form 990. Together they received 60% of its itemized 2024 grant dollars.
How large is Canvas Credit Union?
Canvas Credit Union reported $4.6B in total assets on its 2024 IRS Form 990. Its revenue that year was $360.6M.
What does Canvas Credit Union fund?
Canvas’s stated mission is to help individuals and families make better decisions and grow stronger financially by providing simple, relevant products and services at consistently honest value, and to help members afford life. See mission & focus areas ↑
How do I apply for a grant from Canvas Credit Union?
Canvas Credit Union has no public application process in the sources Grantable reviewed. Check canvas.org for current guidelines, or contact the foundation directly before submitting a request.
What is Canvas Credit Union's EIN?
Canvas Credit Union's EIN (Employer Identification Number) is 84-6023137. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Canvas Credit Union's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Canvas Credit Union funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/canvas-credit-union-morg_84380206b6ee4d87a956e1eaea6133bc
BibTeX
@misc{grantable_846023137_2026,
author = {{Grantable}},
title = {{Canvas Credit Union funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/canvas-credit-union-morg_84380206b6ee4d87a956e1eaea6133bc},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Canvas Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Canvas Credit Union down — hundreds of funders to go?