Canaan Foundation Trust
Preselected recipients only
Canaan Foundation Trust is a private foundation in Traverse City, Michigan. In tax year 2024 it gave $19,352 in 8 grants; the typical grant was $1,968 and the largest $5,100. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$19,352
- Number of grants8
- Typical grant$1,968
- Largest grant$5,100
- Assets$1.3 million
- New grantees13%
Giving in 2024 was up from $15,340 the year before.
13% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $15,340 | 8 | $888,126 |
| 2024 | $19,352 | 8 | $1.3 million |
How to apply
Canaan Foundation Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Canaan Foundation Trust funds
Where it gives
Its grants went to recipients in 6 states, the most to Michigan.
| State | Grants | Amount |
|---|---|---|
| Michigan | 3 | $11,756 |
| Tennessee | 1 | $3,000 |
| Washington | 1 | $2,016 |
| Missouri | 1 | $1,920 |
| Texas | 1 | $440 |
| Florida | 1 | $220 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Living Hope Assembly of God | General donation | $5,100 |
| House of Prayer | Donation | $5,000 |
| Mission Eurasia | General donation | $3,000 |
| Big Life | General donation | $2,016 |
| Assemblies of God | General donation | $1,920 |
| Traverse Life Center | General donation | $1,656 |
| The Fathers House | General donation | $440 |
| The Garden Worship Center | General donation | $220 |
Officers and trustees
- Keith M Nielson
- Dana A Crosby
Questions people ask
Does Canaan Foundation Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Canaan Foundation Trust give?
$19,352 in tax year 2024, across 8 grants, with a typical grant of $1,968.
Who runs Canaan Foundation Trust?
Its 2024 filing lists Keith M Nielson (President) and Dana A Crosby (Vice Preside).
What does Canaan Foundation Trust fund?
Based on its grants, mainly faith communities.