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Cannon Charitable Foundation Inc. is a private corporation based in FLOWOOD, MS. The foundation received its IRS ruling in 2019. It holds total assets of $1M. Annual income is reported at $2.3M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. The foundation primarily funds organizations in Mississippi, Virginia and Texas. According to available records, Cannon Charitable Foundation Inc. has made 36 grants totaling $311K, with a median grant of $3K. Annual giving has grown from $59K in 2020 to $86K in 2023. Grantmaking activity was highest in 2022 with $166K distributed across 18 grants. Individual grants have ranged from $1K to $60K, with an average award of $9K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Mississippi and Virginia and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$7K
Largest Grant
$45K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cannon Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MS, VA, TX.
Cannon Charitable Foundation Inc. has distributed a total of $311K across 36 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $1K to $60K.
Cannon Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cannon Charitable Foundation Inc. is headquartered in FLOWOOD, MS. While based in MS, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William B Ferrell Jr | PRESIDENT | $0 | $0 | N/A |
| Dora S Ferrell | SECRETARY-TR | $0 | $0 | N/A |
| Arthur M Edwards Iii | ASSISTANT SE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1M
Fair Market Value
N/A
Net Worth
$1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
36
Total Giving
$311K
Average Grant
$9K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyFOR ELIMINATING CANCER | Jackson, MS | $2K | 2023 |
| Msu FoundationPROVIDE SCHOLARSHIPS | Mississippi State, MS | $60K | 2023 |
| Project 25HEALING ORPHAN CHILDREN | Mckinney, TX | $5K | 2023 |
| Scottish Rite HospitalPROVIDE QUALITY CARE TO CHILDREN | Dallas, TX | $4K | 2023 |
| Nra FoundationDEFEND THE RIGHT TO BEAR ARMS | Fairfax, VA | $4K | 2023 |
| National Right To WorkELIMINATING UNIONISM ABUSES | Springfield, VA | $4K | 2023 |
| Gateway RescueFOOD & CLOTHING FOR HOMELESS | Jackson, MS | $3K | 2023 |
| American Heart AssocELIMINATING HEART DISEASE | Jackson, MS | $2K | 2023 |
| National Right To Work Legal FdnFOR ELIMINATING UNIONISM ABUSES | Springfield, VA | $3K | 2020 |
| Gateway Rescue MissionFOR PROVIDING HOMELESS WITH FOOD CLOTHING | Jackson, MS | $2K | 2020 |
| American Heart AssociationFOR MAKING LIVES FREE OF HEART DISEASE | Jackson, MS | $2K | 2020 |
| Scottish Rite Hospital For ChildrenPROVIDING QUALITY CARE TO IMPROVE CHILDRENS LIVES | Dallas, TX | $1K | 2020 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS