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THE CANET FOUNDATION

SHERMAN OAKS, CA 481272926

The Canet Foundation, located in Sherman Oaks, CA, manages assets of over $12 million, supports cities in CA, NM, NV, and TX, and is led by key personnel including Director Nicholas Torokvei.

Overview

About THE CANET FOUNDATION

The Canet Foundation, based in Sherman Oaks, California, is a philanthropic organization with assets totaling $12,610,022. In the most recent fiscal year, the foundation reported expenses of $838,429 and revenue of $725,936. The foundation supports various cities across the United States, including Burbank, Los Angeles, Las Vegas, and Santa Fe, among others. It operates primarily in the states of California, New Mexico, Nevada, and Texas. Key personnel include Nicholas Torokvei, who serves as a Director with a compensation of $64,433, and David Garelick, the Secretary, with a compensation of $12,000. The foundation does not specify particular subject areas of focus on its website.

Focus Areas

N/A

Geographic Focus

CANMNVTX
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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87%
Excellent compatibility match
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Key Statistics
Total Assets $12.6M
Total Awarded This Year $355K
Average Grant Size $19K
Total Grants (Previous Year) 3,604
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
SHERMAN OAKS, CA US
Geographic Funding Distribution

Financials

Total Assets
$12,610,022

in 2024, compared to $12,736,948 in 2023

Annual Grants
$355,000

19 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
49 grants found
Amount
Recipient
Purpose Location
Year
$80,000 A PLACE CALLED HOME
EDUCATIONAL PROGRAMS
2830 S CENTRAL AVE LOS ANGELES, CA US 2022
$70,000 UNIVERSITY OF VICTORIA
CHARITABLE PURPOSE
PO BOX 1700 STN CSC VICTORIA, CA 2023
$60,000 OPERATION PROGRESS STUDENT ASSISTAN
EDUCATIONAL PROGRAMS
10221 COMPTON AVE 102 LOS ANGELES, CA US 2022
$60,000 STRIVE
EDUCATIONAL PROGRAMS
9124 S MAIN ST LOS ANGELES, CA US 2024
$55,000 UNIVERSITY OF VICTORIA
CHARITABLE PURPOSE
PO BOX 1700 STN CSC VICTORIA, CA 2022
$41,000 STRIVE
EDUCATIONAL PROGRAMS
9124 S MAIN ST LOS ANGELES, CA US 2023
$40,000 A PLACE CALLED HOME
EDUCATIONAL PROGRAMS
2830 S CENTRAL AVE LOS ANGELES, CA US 2023
$40,000 A PLACE CALLED HOME
EDUCATIONAL PROGRAMS
2830 S CENTRAL AVE LOS ANGELES, CA US 2024
$40,000 KIDS IN THE SPOTLIGHT
CHARITABLE PURPOSE
145 S Glenoaks Blvd BURBANK, CA US 2024
$40,000 OPERATION PROGRESS STUDENT ASSISTAN
EDUCATIONAL PROGRAMS
10221 COMPTON AVE 102 LOS ANGELES, CA US 2024
Only the first 10 grants are currently displayed out of 49 total

People

Leadership & Staff

Compensation data from most recent available 990 forms

NT

NICHOLAS TOROKVEI

Director

$64,433 2024
NT

NICHOLAS TOROKVEI

Director

$57,200 2023
NT

NICHOLAS TOROKVEI

Director

$52,000 2022
DG

DAVID GARELICK

Secretary

$12,000 2024
JLH

JOHN L HART

Director

$12,000 2024
Showing 5 of 15 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024