Funder DirectoryCHARLES A CANNON CHARITABLE TRUST NO 3
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Private foundation (trust)EIN 581360259Est. 1979-05

CHARLES A CANNON CHARITABLE TRUST NO 3

CONCORD, NC 280260548

Total Assets

$29.8M

FY 2024

Annual Giving

$1.1M

FY 2024

Grants Made

5

FY 2024

Avg Grant

$220K

FY 2024

Grant Range

$40K–$441K

Typical

Deadlines

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.8M

Total Expenses

$1.6M

Qualifying Distributions

$1.2M

Distributable Amount

$1.4M

Min. Investment Return

$1.4M

Undistributed Income

$1.3M

Payout rate 86%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.86%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

5 grants

Grant sizes from minimum $40K through median $220K to maximum $441K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $1.2M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

25 grants

DUKE UNIVERSITY
$2.1M
5 grants
CONVERSE UNIVERSITY
$1.1M
4 grants
DAVIDSON COLLEGE
$965K
5 grants
QUEENS UNIVERSITY OF CHARLOTTE
$400K
4 grants
LENOIR-RHYNE UNIVERSITY
$301K
3 grants
CONVERSE COLLEGE
$184K
1 grant
LEES-MCRAE COLLEGE
$117K
2 grants
QUEENS UNIVERSITY
$100K
1 grant

Grant Size Distribution

25 grants

<$10K
$10–50K
2
grants
$50–250K
15
grants
$250K–1M
8
grants
$1–5M
$5M+

Geographic Focus

2 states

North Carolina
$3.7M
70% of total
South Carolina
$1.6M
30% of total

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CHARLES A CANNON CHARITABLE TRUST NO 3 — Grants, Financials & Contact | Grantivo