The CANERS Foundation Endowment for Research and Scholarship (CANERS) was established in 1969. It has grown into the largest state nursery association endowment of its kind. With over $2.5M in principal, the endowment continues to grow to provide needed funding of industry research and scholarships.

CANERS funds are professionally managed with a set of investment guidelines established and monitored by the CANERS trustees. CANERS is a separate charitable corporation, 501C3. The trustees are in charge of the endowment and all of its activities. A new Philanthropic Trust investment arm has been developed for CANERS. Investing in this trust allows for a lifetime income for the donor and his beneficiary. Upon the donor's demise, CANERS benefits from these funds.

CANERS also supports national research. The CANERS Foundation Award with the Horticultural Research Institute (HRI) is now $50,000. Annual research dollars are granted on this award's behalf.