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Filing year 2024

CANAAN FOUNDATION TRUST

Traverse City, Michigan·EIN 86-2393974·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$171k
Total assets
$984k
Total expenses
$49k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. CANAAN FOUNDATION TRUST reported 2 unpaid officers and board members on its 990-PF.

President
Vice Preside

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$19k

Itemized grants

8

Median grant

$2k

RecipientLocationPurposeAmount
LIVING HOPE ASSEMBLY OF GODTRAVERSE CITY, MIGENERAL DONATION$5k
HOUSE OF PRAYERTRAVERSE CITY, MIDONATION$5k
MISSION EURASIAFRANKLIN, TNGENERAL DONATION$3k
BIG LIFERIDGEFIELD, WAGENERAL DONATION$2k
ASSEMBLIES OF GODSPRINGFIELD, MOGENERAL DONATION$2k
TRAVERSE LIFE CENTERTRAVERSE CITY, MIGENERAL DONATION$2k
THE FATHERS HOUSEGLEN ROSE, TXGENERAL DONATION$440
THE GARDEN WORSHIP CENTERBELLEVIEW, FLGENERAL DONATION$220
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

CANAAN FOUNDATION TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$154k
$54k
2023
$171k
$49k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

CANAAN FOUNDATION TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about CANAAN FOUNDATION TRUST

What are CANAAN FOUNDATION TRUST's revenue and expenses?

In 2024, CANAAN FOUNDATION TRUST reported $171k in total revenue and $49k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.