Canaan Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 883025636 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Canaan Foundation?

The Canaan Foundation, based in Bozeman, Montana, is a nonprofit organization dedicated to serving the underprivileged and advancing religious causes. In line with the guidelines of Section 501(c)(3) of the Internal Revenue Code, the foundation's primary objective is to offer charitable and educational aid, as well as support religious activities. Specifically, the Canaan Foundation focuses on providing relief for those in need and distress, thereby contributing to their overall well-being.

Is Canaan Foundation legitimate?

Canaan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canaan Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Canaan Foundation?

The Canaan Foundation is organized and operated for charitable, educational, and religious purposes, as defined by Section 501(c)(3) of the Internal Revenue Code. Its primary objectives include providing relief to the poor and distressed, as well as supporting the underprivileged. Additionally, the foundation is committed to the advancement of religion.

Who is the CEO of Canaan Foundation?

Dewin Madill is the President of Canaan Foundation.

What is the revenue of Canaan Foundation?

Canaan Foundation's revenue in 2022 was $364,300.

Who are the executives of Canaan Foundation and what are their salaries?


Here are 3 key members and their salaries:


Temesgen Fessehaye (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewin Madill (Secretary-Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Francisco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Canaan Foundation?

Canaan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Canaan Foundation

The Canaan Foundation, as a charitable organization, is dedicated to serving a noble purpose. Its mission, as outlined in the Internal Revenue Code, is to operate for charitable, educational, and religious purposes. Specifically, the foundation aims to provide aid and relief to the poor, distressed, and underprivileged individuals, and to further the cause of religion. The organization's mission is not limited in scope and is open to expanding its efforts as necessary, in accordance with the evolving regulations.

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Impact




October, 2024

Canaan Foundation significantly impacts the community by providing essential relief for the poor and distressed, along with support for underprivileged groups. By focusing on charitable, educational, and religious purposes, it strives to uplift those in need and contribute to their overall well-being. The foundation's work in Bozeman, MT, addresses immediate needs while also promoting the advancement of religious initiatives, creating a holistic approach to support and empowerment. Through its activities, Canaan Foundation fosters a sense of community and compassion, helping to alleviate hardships and enhance the lives of those it serves.




This information is meant to be a general summary of Canaan Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$364,300 (2022)
Expenses
$41,822 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $364,300

Assets and Liabilities:

  • Total Assets: $322,478
  • Total Liabilities: $0
  • Net Assets: $322,478

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Organization Details

Founding Year

2022

Principal Officer

Dewin Madill

Main Address

PO Box 10963, Bozeman, MT, 59719

NTEE Category

Code: Q33 - International

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