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California · Nonprofit

THE CANARY FUND DBA CANARY FOUNDATION

THE CANARY FUND DBA CANARY FOUNDATION (California) receives grants from 40 organizations whose IRS filings report $14,116,117 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($3,185,169). 25 of them have funded it in more than one year.

Revenue FY2025
$2.2M
Funders on record
40
Grants received
$14M
Net assets
$1.7M
25/40 repeat fundersgrants exceed reported revenue in one year
01What it does

What The Canary Fund Dba Canary Foundation does

Mission

Canary Foundation is a public charity exempt from U.S. federal income tax under Section 501(c)(3) of the Internal Revenue Code in the United States. Canary Foundation of Canada is a Public Foundation registered with the Canada Revenue Agency; Business Number 82906 8550 RROOO1.The Canary Foundation has assembled teams of cancer researchers recognized by their peers as leaders in their disciplines from across multiple institutions and disciplines to attack the problem of early detection in a new, collaborative, action-oriented manner with the foremost objective of translating research into clinical applications. Canary differentiators include: * Dedication to early detection * Leaders in collaborative science * Focused and managed research * Best-in-class talent * 100% of donations goes to researchOne of the first decisions the Science Team made was to choose ovarian cancer as a prototype for creating an early detection blood test to detect trace amounts of proteins called biomarkers pro

As stated on its FY2025 Form 990.

Programs

  1. The goal of the Canary Scientific Programs is to develop blood tests and imaging tests that can together be used to detect lethal cancers at a curable stage. Our plan for early and accurate cancer detection involves first screening patients with a blood test and then moving those patients who tested positive to a high-resolution imaging test to further isolate cancer so that it can be removed. Chances of survival are highest when cancer is detected before it spreads. Thus, accurate detection of cancer that would otherwise be lethal at its earliest stage promises to dramatically improve survival after diagnosis. Canary has supported research programs focused on solid tumor cancer types including ovarian, lung, pancreas and prostate cancers, as well as a Collaborations Program with collaborating early detection programs and centers that include the Canary Center at Stanford for Cancer Early Detection.

    $2,011,373 spentof which $1,760,069 as grants
    100% of program spending
  2. Canary Ovarian Cancer Program: The goal of our ovarian research program is to develop a strategy to accurately identify ovarian cancers that would otherwise be lethal at a stage when they are readily curable. The program focuses on high grade serous ovarian cancer, which is the most common and lethal subtype, in order to have the highest impact on reducing ovarian cancer mortality. Our aims include understanding the earliest stages of cancer development in the fallopian tube, identifying molecular markers for early detection or prevention, and developing advanced imaging techniques for early detection of the disease. Development of blood and imaging tests follows a similar roadmap; both include biomarker discovery followed by validation, but they also involve different techniques and challenges.

  3. Canary Lung Cancer Program:Canary is focused on developing diagnostics with high sensitivity and specificity to detect otherwise lethal lung cancers at a stage when they are readily curable. To this end, Canary has assembled a team of experts who are collaborating to discover and validate biomarkers for blood and imaging tests that together will identify individuals harboring lethal lung cancers so that they can be removed. The Canary Lung Cancer Program has supported the development and maintenance of critical biospecimen resources, blood biomarker discovery and validation, molecular imaging projects for early detection of lethal lung cancer, and epidemiology and modeling for effective lung cancer screening.(continued Sch O)

  4. Canary Prostate Cancer Program:The specific goals of the Canary Foundation Prostate program are to develop tests that can: 1) Identify lethal prostate cancers at an early (curable) stage; 2) Classify prostate cancers as either 1) potentially lethal; best treated with aggressive therapy b) non-lethal: suitable for continued monitoring without aggressive treatment. Given the large body of published but invalidated candidate markers for prostate cancer, we are focusing our initial efforts on evaluating the performance of a selected set of promising biomarkers. Candidate biomarkers are evaluated based on their ability to detect lethal prostate cancers at an early (curable) stage and to discriminate lethal from non-lethal prostate cancer. We are considering both fluid-based and tissue-based biomarkers for prognostic applications. The Canary Prostate Active Surveillance Study (PASS) enrolls men who opt for active surveillance of their early stage prostate cancer. Men are followed closely for signs of cancer progression, donating biospecimens and clinical data for a minimum of 5 years or until receiving treatment for their disease. The biospecimens and clinical data provide a valuable…

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,011,373.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.7M) Expenses 100 ($2.9M) Net assets -354 ($-4429093)2018 Revenue 112 ($3.1M) Expenses 84 ($2.4M) Net assets -299 ($-3743790)2019 Revenue 214 ($5.9M) Expenses 29 ($838k) Net assets 100 ($1.3M)2020 Revenue 98 ($2.7M) Expenses 131 ($3.8M) Net assets 23 ($290k)2021 Revenue 24 ($665k) Expenses 32 ($937k) Net assets 1 ($18k)2022 Revenue 91 ($2.5M) Expenses 47 ($1.4M) Net assets 90 ($1.1M)2023 Revenue 69 ($1.9M) Expenses 47 ($1.4M) Net assets 133 ($1.7M)2024 Revenue 65 ($1.8M) Expenses 59 ($1.7M) Net assets 139 ($1.7M)2025 Revenue 80 ($2.2M) Expenses 75 ($2.2M) Net assets 139 ($1.7M)
'17'18'19'20'21'22'23'24'25
Revenue (80)Expenses (75)Net assets (139)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $6.5M to $2.6M (−60%).

$3.9M
$3.6M
$6.5M
$2.6M
$633k
$1.2M
$1.7M
$1.9M
$2.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

98% of THE CANARY FUND DBA CANARY FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$162k
’17
$626k
’18
$5.0M
’19
−$1.1M
’20
−$272k
’21
$1.1M
’22
$531k
’23
$66k
’24
$20k
’25
8.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Don Listwin

Founder & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed8107766666
Joined·+2+0+0+0+0+0+0+0
No longer listed·03010000
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 16 funders to 12 funders, grant income fell $1.8M → $1.7M.

9 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE CANARY FUND DBA CANARY FOUNDATION’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE CANARY FUND DBA CANARY FOUNDATION has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE CANARY FUND DBA CANARY FOUNDATION.

23%
largest funder
66%
top three
~6
effective funders

Largest funder’s share by year: 2017 75% · 2018 41% · 2019 39% · 2020 33% · 2021 72% · 2022 54% · 2023 49% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

23% of THE CANARY FUND DBA CANARY FOUNDATION's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

87% of THE CANARY FUND DBA CANARY FOUNDATION's grant income comes from California funders.

WA
IL
WI
OH
CT
CA
MO
VA
DE
AZ
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $4.2M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE CANARY FUND DBA CANARY FOUNDATION is better cushioned than half of the 1,504 philanthropy nonprofits its size.

Operating margin1% · below the median
Months of reserve8.4mo · above the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025

Organizations like THE CANARY FUND DBA CANARY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 5%Fundraising 3%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

45%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for THE CANARY FUND DBA CANARY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE CANARY FUND DBA CANARY FOUNDATION?
THE CANARY FUND DBA CANARY FOUNDATION (California) receives grants from 40 organizations whose IRS filings report $14,116,117 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($3,185,169). 25 of them have funded it in more than one year.
How many funders does THE CANARY FUND DBA CANARY FOUNDATION have?
IRS filings report 40 organizations giving $14,116,117 in grants to THE CANARY FUND DBA CANARY FOUNDATION, 25 of which have funded it in more than one year.
Who is the largest funder of THE CANARY FUND DBA CANARY FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $3,185,169 in grants. The full list of funders is on this page.
How can an organization like THE CANARY FUND DBA CANARY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing