The Canale Foundation Inc

Philanthropy organization based in Memphis, TN.0 Exempt under §501(c)(3).

MissionTHE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION.

Financial snapshot · TY 2024

$431K
Total revenue
$9.7M
Total expenses
$11.6M
Net assets

Financial health · TY 2024

72
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
80
14.4 months of expenses
Program efficiency
100
99.5% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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