Funder DirectoryCHARLES A CANNON TRUST NO 1
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Private foundation (trust)EIN 566132354Est. 1981-09

CHARLES A CANNON TRUST NO 1

CONCORD, NC 28026

Total Assets

$401.5M

FY 2024

Annual Giving

$17.7M

FY 2024

Grants Made

85

FY 2024

Avg Grant

$208K

FY 2024

Grant Range

$7K–$6.2M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$18.2M

Total Expenses

$20.9M

Qualifying Distributions

$19.1M

Distributable Amount

$19.7M

Min. Investment Return

$19.9M

Undistributed Income

$16.1M

Payout rate 97%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.97%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

85 grants

Grant sizes from minimum $7K through median $65K to maximum $6.2M, 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 $17.7M in 2024. Hover bars for details.

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

Top Recipients

500 grants

CAROLINAS MEDICAL CENTER-NORTHEAST
$19.4M
6 grants
THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY
$7.0M
3 grants
CMC NORTHEAST MEDICAL CENTER
$5.1M
1 grant
WINGATE UNIVERSITY
$2.8M
9 grants
PFEIFFER UNIVERSITY
$2.0M
9 grants
LIVINGSTONE COLLEGE
$1.7M
8 grants
BOYS AND GIRLS CLUB OF CABARRUS COUNTY INC
$1.7M
8 grants
BREVARD COLLEGE CORPORATION
$1.6M
8 grants

Grant Size Distribution

500 grants

<$10K
53
grants
$10–50K
224
grants
$50–250K
166
grants
$250K–1M
52
grants
$1–5M
$5M+
5
grants

Geographic Focus

2 states

North Carolina
$73.7M
97% of total
South Carolina
$2.6M
3% of total

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CHARLES A CANNON TRUST NO 1 — Grants, Financials & Contact | Grantivo