A new, high surface area, nanoporous polymer (COP-220) was synthesized using sustainable building blocks, namely, a food coloring dye (erythrosine B) and a commercial alkyne. During the Sonogashira coupling, it is observed that Pd and Cu ions and triphenylphosphine ligands of the catalyst get trapped inside the pores. The remnant synthesis catalyst components were characterized in detail and were tested as a new catalyst for Suzuki–Miyaura coupling reactions. COP-220 showed conversion yields comparable to the commercial homogeneous catalyst Pd(PPh3)2Cl2 with an additional advantage of size-dependent catalytic activity when bulkier substrates were used. COP-220 was highly stable under thermal and chemical treatments and recyclable with no loss of activity. These findings show a clear need for extensive characterization of nanoporous polymers made through cross-coupling reactions and the potential of the trapped catalysts for new catalytic activity without additional loading.