Joy Canaan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $27K in total assets. In 2023, it awarded 2 grants totaling $4K. Net investment income was $4.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$27K
+27.7% YoY
Annual Giving
$4K
-9.1% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$2K
-54.5% YoY
Under IRS private-foundation payout rules, Joy Canaan Foundation reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.
About Joy Canaan Foundation
Based on IRS filings
Joy Canaan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $27K in total assets. In 2023, it awarded 2 grants totaling $4K. Net investment income was $4.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $26,756 | $20,952 | $31,671 |
| Revenue | $9,916 | $1,451 | $385 |
| Expenses | $4,112 | $12,170 | $7,625 |
| Qualifying Distributions | $4,000 | $4,400 | — |
| Net Investment Income | $4 | $1 | — |
| Distributable Amount | $3,455 | $3,888 | $4,326 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Mustard Seed Mission Society ($2,000), Christ Church of India ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSTARD SEED MISSION SOCIETY Milpitas, CA | RELIGION | $2,000 |
| CHRIST CHURCH OF INDIA SAN JOSE, CA | RELIGION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN RAJASEKARAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joy Canaan Foundation?
Joy Canaan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. It holds $27K in total assets as of 2023.
How large is Joy Canaan Foundation?
As of 2023, Joy Canaan Foundation holds $27K in total assets with $10K in annual revenue. It awarded 2 grants totaling $4K in 2023.
Where does Joy Canaan Foundation operate?
Joy Canaan Foundation has awarded grants in Arizona, California.
What size grants does Joy Canaan Foundation award?
In 2023, Joy Canaan Foundation awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Joy Canaan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Joy Canaan Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joy Canaan Foundation's EIN?
Joy Canaan Foundation's EIN (Employer Identification Number) is 26-1288182. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Joy Canaan 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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