Canary Fund is located in Woodside, CA. The organization was established in 2005. 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. As of 12/2021, Canary Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canary Fund 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 12/2021, Canary Fund generated $664.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $936.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Canary Fund has awarded 48 individual grants totaling $14,551,363. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CANARY FOUNDATION IS THE WORLD'S FIRST NON-PROFIT ORGANIZATION DEDICATED SOLELY TO THE FUNDING, DISCOVERY AND DEVELOPMENT OF TESTS FOR EARLY CANCER DETECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANARY SCIENTIFIC PROGRAMSCANARY IS THE WORLDS ONLY NON-PROFIT FOCUSED SOLELY ON EARLY CANCER DETECTION. WE HAVE MULTIDISCIPLINARY SCIENCE TEAMS FOCUSED ON BLOOD-BASED BIOMARKERS OR BIOLOGICAL FINGERPRINTS THAT SHOW THE PRESENCE OR PROGRESS OF DISEASE. WERE PAIRING THOSE BIOMARKERS WITH ADVANCED IMAGING TECHNOLOGIES THAT WILL HELP US VISUALIZE A CANCER TYPE WITH MORE SENSITIVITY AND SPECIFICITY. OUR CLINICAL PROGRAMS COVER TUMORS ACROSS FIVE CANCER TYPES: BREAST, LUNG, OVARIAN, PANCREAS, AND PROSTATE. AND TO FURTHER ENSURE OUR SUCCESS, WE FUNDED THE CANARY CENTER AT STANFORD FOR CANCER EARLY DETECTION, A WORLD-CLASS FACILITY THAT HOPES TO SAVE LIVES THROUGH EARLY DETECTION.
CANARY BREAST CANCER PROGRAMTHE BREAST CANCER PROGRAM IS WORKING TO IMPROVE EARLY DETECTION OF POTENTIALLY LETHAL BREAST CANCER BY IDENTIFYING BIOMARKERS THAT COMPLEMENT EXISTING IMAGING METHODS AND BY DEVELOPING NEW IMAGING ALTERNATIVES. THE BREAST CANCER PROGRAM IS FOCUSED AT STANFORD AND COMBINES EXPERTISE IN BREAST CANCER CARE, IN BREAST IMAGING, AND IN STUDYING PROTEOMIC AND GENE EXPRESSION CHANGES IN THE BODY IN RESPONSE TO DISEASE. ADDITIONAL WORK AIMS TO IDENTIFY BIOMARKERS THAT DISTINGUISH WOMEN WITH CANCER FROM THOSE WITH BENIGN CONDITIONS (SUCH AS A CYST). THESE BIOMARKERS WOULD POTENTIALLY REDUCE THE NUMBER OF UNNECESSARY INVASIVE FOLLOW-UP TESTS AND ENHANCE THE INTERPRETATION OF MAMMOGRAPHIC IMAGES FOR EARLY DETECTION OF BREAST CANCER. NEW IMAGING APPROACHES MAY PROVIDE A MORE SENSITIVE AND MORE ACCURATE APPROACH FOR THE
DETECTION OF BREAST CANCERS. WE ARE TESTING SEVERAL IMAGING ALTERNATIVES, INCLUDING A NEW PET IMAGING AGENT, ENHANCED ULTRASOUND USING TARGETED MICROBUBBLES, AND PHOTOACOUSTIC IMAGING, FOR THEIR ABILITY TO IDENTIFY BREAST CANCER EARLY AND TO BETTER DISTINGUISH CANCER AND BENIGN CONDITIONS.CANARY OVARIAN CANCER PROGRAMTHE GOAL OF OUR OVARIAN RESEARCH PROGRAM IS TO DEVELOP A STRATEGY TO ACCURATELY IDENTIFY OVARIAN CANCERS THAT WOULD OTHERWISE BE LETHAL AT A STAGE WHEN THEY ARE READILY CURABLE. OUR VISION IS OF A TWO-STAGE SCREENING STRATEGY, CONSISTING OF A SIMPLE BLOOD TEST FOLLOWED BY A MOLECULAR IMAGING TEST. DEVELOPMENT OF BLOOD AND IMAGING TESTS FOLLOWS A SIMILAR ROADMAP; BOTH INCLUDE (CONTINUED ON SCHEDULE O)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heidi Auman Program Manager | 40 | $133,000 | |
Kevin Kennedy Treasurer | OfficerTrustee | 4 | $0 |
Don Listwin Founder & CEO | OfficerTrustee | 8 | $0 |
Dale Jantzen Director | Trustee | 4 | $0 |
Hilary Valentine Director | Trustee | 4 | $0 |
Michael Ball Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $97,819 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $736,246 |
Noncash contributions included in lines 1a–1f | $97,819 |
Total Revenue from Contributions, Gifts, Grants & Similar | $834,065 |
Total Program Service Revenue | $0 |
Investment income | -$126 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$169,413 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $664,526 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $579,228 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $252,018 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,098 |
Payroll taxes | $20,246 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,358 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $49,860 |
Advertising and promotion | $665 |
Office expenses | $499 |
Information technology | $643 |
Royalties | $0 |
Occupancy | $0 |
Travel | $381 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,829 |
Insurance | $3,054 |
All other expenses | $240 |
Total functional expenses | $936,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $199,339 |
Savings and temporary cash investments | $73,271 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $350,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,480 |
Net Land, buildings, and equipment | $3,674 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $632,764 |
Accounts payable and accrued expenses | $35,217 |
Grants payable | $579,228 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $614,445 |
Net assets without donor restrictions | -$231,681 |
Net assets with donor restrictions | $250,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $632,764 |
Over the last fiscal year, Canary Fund has awarded $6,946,308 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
Stanford, CA PURPOSE: Sanjiv Sam Gambhir Professorship | $2,750,000 |
Stanford, CA PURPOSE: Sanjiv Sam Gambhir Professorship | $2,750,000 |
Grand Rapids, MI PURPOSE: Cancer Research | $494,900 |
Grand Rapids, MI PURPOSE: Cancer Research | $494,900 |
San Francisco, CA PURPOSE: Cancer Research | $167,000 |
San Francisco, CA PURPOSE: Cancer Research | $167,000 |
Over the last fiscal year, we have identified 5 grants that Canary Fund has recieved totaling $2,104,431.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $1,086,661 |
William K Bowes Jr Foundation San Francisco, CA PURPOSE: 2019 CANARY CENTER: COMPLETE THE TEAM | $1,000,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Health | $12,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,509 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $261 |
Organization Name | Assets | Revenue |
---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |