Canaan Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Canaan Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 38-3444062
Foundation Overview
Based in Traverse City, MI, Canaan Foundation has awarded 9 grants totaling $14,612 to organizations in Florida, Michigan and 1 other state across the US. Individual grants range from $138 to $11,000, with a median award of $336.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 of 5 recipients (20%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
56% of grants are awarded in Michigan, with additional funding distributed across 2 other locations. The foundation balances regional focus with broader geographic diversity. Within Michigan, funding concentrates in Traverse City (80%), Williamsburg (20%).
Funding Trajectory
Strong 360% growth in annual giving over 1 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Canaan Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Big Life | $168 | Naples, FL, US | General Operating Fund | 2021 |
| Living Hope Assembly Of God | $498 | Traverse City, MI, US | General Operating Fund | 2021 |
| Mission Eurasia | $200 | Wheaton, IL, US | General Operating Fund | 2021 |
| New Hope Church | $11,000 | Williamsburg, MI, US | General Operating Fund | 2021 |
| Traverse Life Center | $138 | Traverse City, MI, US | General Operating Fund | 2021 |
| Big Life | $336 | Naples, FL, US | General Operating Fund | 2020 |
| Living Hope Assembly Of God | $1,596 | Traverse City, MI, US | General Operating Fund | 2020 |
| Mission Eurasia | $400 | Wheaton, IL, US | General Operating Fund | 2020 |
| Traverse Life Center | $276 | Traverse City, MI, US | General Operating Fund | 2020 |
Foundations Similar to Canaan Foundation
Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in MI that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Church Builder Foundation
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Rodney C And Karen S Harris Foundation
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The Driker Family Foundation
EIN: 20-2736344 | 220 grants awarded |
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Siebenthaler Foundation
EIN: 04-3662001 | 282 grants awarded |
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Related Foundation Resources in MI:
Contact Information
Official contact details for Canaan Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 38-3444062 |
| Website | N/A |
| Address | PO BOX 546 Traverse City, MI 49685-0546 |
Key People (2)
Board members, trustees, and key staff who oversee Canaan Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Keith M Nielson |
|---|---|
| Vice President | Dana A Crosby |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Canaan Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.