Canaan Foundation Inc is located in Canaan, CT. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canaan Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Canaan Foundation Inc generated $21.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $31.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS DEDICATED TO ENHANCING THE QUALITY OF LIFE IN THE TOWN OF NORTH CANAAN CT. EXPENSES ARE FOR EDUCATION OF THE COMMUNITY REGARDING THE FOUNDATIONS GOALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert S Segalla Director | 1 | $0 | |
Mary Perotti Directorsecretary | 1 | $0 | |
Jacolyn Brown Directorpresident | 2 | $0 | |
Darrel S Long Directortreasurer | 2 | $0 | |
Ronald Dower Director | 0 | $0 | |
Eileen Fox Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,906 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $899 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $21,805 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,121 |
Other expenses | $4,141 |
Total expenses | $31,412 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $274,413 |
Other assets | $0 |
Total assets | $315,613 |
Total liabilities | $0 |
Net assets or fund balances | $315,613 |
Over the last fiscal year, we have identified 1 grants that Canaan Foundation Inc has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Asen Foundation New York, NY PURPOSE: SUPPORT | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Red Sox Foundation Inc Boston, MA | $19,048,615 | $7,450,414 |
Iranian American Jewish Federation Great Neck, NY | $8,464,426 | $7,729,135 |
Bend The Arc-A Jewish Partnership For Justice New York, NY | $14,031,753 | $6,022,262 |