Funder Directory›THE CANNON FOUNDATION INC
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Private foundation (trust)EIN 566042532Est. 1948-01

THE CANNON FOUNDATION INC

CONCORD, NC 280260548

Accepts unsolicited proposals
WebsiteDraft an application for THE CANNON FOUNDATION INC

Total Assets

$351.7M

FY 2024

Annual Giving

$14.6M

FY 2024

Grants Made

218

FY 2024

Avg Grant

$67K

FY 2024

Grant Range

$3K–$500K

Typical

Deadlines

See http://cannonfoundation.org/apply/

Applications

Financial Snapshot

2024 filing

Total Revenue

$24.8M

Total Expenses

$16.4M

Qualifying Distributions

$15.8M

Distributable Amount

$16.0M

Min. Investment Return

$16.3M

Undistributed Income

$13.4M

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

218 grants

Grant sizes from minimum $3K through median $50K to maximum $500K, 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

3 years

Giving over time from 2022 to 2024. Peak $14.6M in 2024. Hover bars for details.

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

Top Recipients

500 grants

ROWAN-CABARRUS YOUNG MEN'S CHRISTIAN ASSOCIATION
$1.3M
4 grants
CABARRUS COOPERATIVE CHRISTIAN MINISTRY INC
$1.1M
7 grants
PUBLIC HEALTH AUTHORITY OF CABARRUS COUNTY
$589K
2 grants
ATRIUM HEALTH FOUNDATION
$516K
3 grants
BOYS AND GIRLS CLUB OF THE TAR RIVER REGION INC
$350K
1 grant
FREE WILL BAPTIST CHILDREN'S HOME INC
$300K
2 grants
YOUNG MENS CHRISTIAN ASSOCIATION OF AVERY COUNTY INC
$300K
2 grants
NORTH CAROLINA TEXTILE FOUNDATION INC
$260K
2 grants

Grant Size Distribution

500 grants

<$10K
53
grants
$10–50K
184
grants
$50–250K
254
grants
$250K–1M
9
grants
$1–5M—
$5M+—

Geographic Focus

10 states

North Carolina
$35.4M
97% of total
Virginia
$297K
1% of total
Georgia
$185K
1% of total
South Carolina
$175K
0% of total
District of Columbia
$130K
0% of total
Texas
$100K
0% of total
Alabama
$80K
0% of total
Colorado
$50K
0% of total
New Hampshire
$50K
0% of total
Missouri
$40K
0% of total

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LUDDY CHARITABLE FOUNDATION

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THE HUISKING FOUNDATION INC

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THE MARY DUKE BIDDLE FOUNDATION

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KERMIT G PHILLIPS II CHARITABLE TR

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ROBERT AND MOLLY TARR CHARITABLE

CHARLOTTE, NC · $1.1M in grants

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