Nonprofit · EIN 86-2393974
CANAAN FOUNDATION TRUST
Tax-exempt · TRAVERSE CITY, MI 49685
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $171,290 | $49,013 | $122,277 | $983,551 | $0 | $983,551 |
| December 31, 2023 | 990-PF | $153,760 | $53,992 | $99,768 | $820,937 | $0 | $820,937 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $90,868
- Dividends
- $14,470
- Interest
- $772
- Net gain from sales of assets
- $15,831
- Other income
- $49,349
Expenses
- Grants and similar amounts paid
- $19,352
- Disbursements for charitable purposes
- $28,930
- Excise tax on investment income
- $839
Balance sheet and other
- Total assets, start of year
- $820,937
- Total assets, end of year
- $983,551
- Total liabilities, end of year
- $0
- Net assets, end of year
- $983,551
- Fair market value of assets
- $1,314,340
- Qualifying distributions
- $28,930
- Net investment income
- $80,422
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH M NIELSON PO BOX 282, TRAVERSE CITY, MI 496850282 | PRESIDENT | 0 | $0 |
| DANA A CROSBY 3026 NE RADCLIFFE WAY, PALM CITY, FL 34990 | VICE PRESIDE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH M NIELSON PO BOX 546, TRAVERSE CITY, MI 496850546 | PRESIDENT | 0 | $0 |
| DANA A CROSBY PO BOX 546, TRAVERSE CITY, MI 496850546 | VICE PRESIDE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 546, TRAVERSE CITY, MI 49685-0546
- Signed the 990-PF
- KEITH M NIELSON, PRESIDENT
- Phone
- (616) 745-8456
- Return prepared by
- KINDLINGER & COMPANY PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-2393974
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $983,551
- Income (IRS master file)
- $171,290
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $171,290 | $49,013 | $983,551 | XML |
| 990-PF | December 2023 | $153,760 | $53,992 | $820,937 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2393974).
Questions about CANAAN FOUNDATION TRUST
- What is the EIN of CANAAN FOUNDATION TRUST?
- The employer identification number (EIN) of CANAAN FOUNDATION TRUST is 86-2393974.
- Is CANAAN FOUNDATION TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CANAAN FOUNDATION TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CANAAN FOUNDATION TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CANAAN FOUNDATION TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CANAAN FOUNDATION TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of CANAAN FOUNDATION TRUST?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does CANAAN FOUNDATION TRUST have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $171,290, expenses of $49,013 and total assets of $983,551 at year end.
Other nonprofits in TRAVERSE CITY
- GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION EIN 38-3056434 · last filed 990 for 2025
- UNITED WAY OF NORTHWEST MICHIGAN EIN 38-1679060 · last filed 990 for 2025
- COSGROVE FOUNDATION EIN 82-1848600 · last filed 990-PF for 2025
- MARGARET DUNNING FOUNDATION EIN 38-3352930 · last filed 990-PF for 2025
- JAMES M CHILDS AND SUSAN M CHILDS FDN EIN 85-6817533 · last filed 990-PF for 2024
- WILDA C TIFFANY CHARITABLE TR EIN 30-6092098 · last filed 990-PF for 2025
- HE RAYFIELD JR FOUNDATION INC EIN 56-2032126 · last filed 990-PF for 2025
- KEGLEY FAMILY FOUNDATION EIN 82-5449374 · last filed 990-PF for 2025
All nonprofits in TRAVERSE CITY · Michigan · Philanthropy, voluntarism and grantmaking foundations