Mission
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION.
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.
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION.
Showing up to 5 of 35 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| 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.
Grants from this foundation were reported to recipients in TN.
Full geographic grant map with state-by-state breakdown available with membership.