Mission
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION.
Public Charity
THE CANALE FOUNDATION INC
THE CANALE FOUNDATION INC, of MEMPHIS, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $431K in revenue, $9.7M in expenses, $11.6M in total assets. IRS filings disclose 35 grants awarded by this foundation, totaling roughly $2.0M.
EIN: 621670425
MEMPHIS, TN
Public Foundations
NTEE: T30
Latest filing: 2025
Total Revenue$431K
Total Expenses$9.7M
Total Assets$11.6M
Grants Given35
Grant Total$2.0M
Filing Years2021–2025
Where $100 goes at The Canale Foundation Inc
How The Canale Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$97
The foundation's only program is to accept property for use exclusively for religious, charitable, scientific, literary, or educational purposes primarily in and for the benefit of Memphis and…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to The Canale Foundation Inc
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
EMMANUEL CENTER INC
GENERAL OPERATING SUPPORT
$250,000
GENERAL OPERATING SUPPORT
$126,500
GENERAL OPERATING SUPPORT
$101,000
ST PETER LITERARY SOCIETY
GENERAL OPERATING SUPPORT
$50,000
GENERAL OPERATING SUPPORT
$30,000
Showing up to 5 of 35 total records — full history available with membership.
Officers & Directors
CHAIR
Alex Canale
DIRECTOR
Amy Beth Dudley
SECRETARY/TREASURER
Barbara S Mora
DIRECTOR
Caroline Kuebler
DIRECTOR
Christopher W Canale
DIRECTOR
Colleen Canale
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $431K | $9.7M | $11.6M |
| 2024 | $628K | $1.2M | $20.3M |
| 2023 | $249K | $230K | $20.2M |
| 2022 | $1.2M | $362K | $20.1M |
| 2021 | $822K | $338K | $21.1M |
Between 2021 and 2025, reported annual revenue declined from $822K to $431K (-48%), with total assets most recently reported at $11.6M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in TN.
TN
Full geographic grant map with state-by-state breakdown available with membership.