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The Cannon Foundation provides funding exclusively for capital and equipment projects in North Carolina. This includes building construction, renovations, infrastructure repairs (such as HVAC and roofs), and equipment purchases. The foundation focuses on projects that are essential to service delivery in healthcare, education, and human services.
Cannon Foundation Inc. is a private corporation based in CONCORD, NC. The foundation received its IRS ruling in 1948. It holds total assets of $329.4M. Annual income is reported at $117.6M. According to available records, Cannon Foundation Inc. has made 750 grants totaling $46.6M, with a median grant of $50K. Annual giving has grown from $12M in 2020 to $22.6M in 2022. Individual grants have ranged from $3K to $500K, with an average award of $62K. The foundation has supported 496 unique organizations. The foundation primarily supports organizations in North Carolina, South Carolina, Virginia, which account for 100% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Cannon Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 750 grants. Its grantmaking reaches organizations primarily in NC, SC, VA.
Cannon Foundation Inc. has distributed a total of $46.6M across 750 grants. The median grant size is $50K, with an average of $62K. Individual grants have ranged from $3K to $500K.
The application deadline is SEE HTTP://CANNONFOUNDATION.ORG/APPLY/. SEE HTTP://CANNONFOUNDATION.ORG/APPLY/.
Cannon Foundation Inc. is headquartered in CONCORD, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Suzanne Philemon | EXECUTIVE DIRECTOR | $189K | $21K | $210K |
| Winslow H Galloway | DIRECTOR | $15K | $0 | $15K |
| George W Liles Jr | DIRECTOR/SECRETARY | $15K | $0 | $15K |
| William M Connolly | DIRECTOR/TREASURER | $15K | $0 | $15K |
| Edward K Prewitt Jr | DIRECTOR/VICE PRESIDENT | $15K | $0 | $15K |
Total Giving
$13.7M
Total Assets
$273.3M
Fair Market Value
N/A
Net Worth
$271.9M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$8M
Distribution Amount
$13.5M
Total Grants
750
Total Giving
$46.6M
Average Grant
$62K
Median Grant
$50K
Unique Recipients
496
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aces For AutismTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $200K | 2022 |
| Rowan-Cabarrus Young Men'S Christian AssociationTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Salisbury, NC | $500K | 2022 |
| Lincoln County Coalition Against Domestic ViolenceTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $200K | 2022 |
| East Carolina Health - Chowan IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $173K | 2022 |
NEW YORK, NY
HANOVER, MD
PALO ALTO, CA
| William C Cannon Jr | DIRECTOR/PRESIDENT | $15K | $0 | $15K |
| Brittian L Leatherman | DIRECTOR | $15K | $0 | $15K |
| Janet Ward Black | DIRECTOR | $15K | $0 | $15K |
| Eugene W Cochrane Jr | DIRECTOR | $15K | $0 | $15K |
| William S Fisher | DIRECTOR EMERITUS (NON-VOTING) | $0 | $0 | $0 |
| Thomas M Grady | DIRECTOR EMERITUS (NON-VOTING) | $0 | $0 | $0 |
| Dan L Gray | DIRECTOR EMERITUS (NON-VOTING) | $0 | $0 | $0 |
| Elizabeth L Quick | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| Catawba Lands ConservancyTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION |
| Concord, NC |
| $155K |
| 2022 |
| Sampson Regional Medical Center Foundation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Clinton, NC | $154K | 2022 |
| Triangle Residential Options For Substance Abusers IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Durham, NC | $150K | 2022 |
| Partners In Learning Child Development Center IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Cabarrus Rowan Community Health Centers IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Rowan Helping MinistriesTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Second Harvest Food Bank Of Northwest North Carolina IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Haywood Community College Foundation IncorporatedTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Charlotte Rescue MissionTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $150K | 2022 |
| Powerpoint Church IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $127K | 2022 |
| Florence Crittenton Services IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $125K | 2022 |
| North Carolina Zoological Society IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $125K | 2022 |
| Carteret Community College Foundation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Morehead City, NC | $125K | 2022 |
| Boys & Girls Clubs Of Greater High Point IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $125K | 2022 |
| South Piedmont Community College Foundation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $125K | 2022 |
| Wilkinson Community Event CenterTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $112K | 2022 |
| Vance-Granville Community College Endowment FundTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Henderson, NC | $107K | 2022 |
| Children & Family Resource Center Of Henderson County IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $106K | 2022 |
| Stanly Community Christian Ministry IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Presbyterian CollegeTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Clinton, SC | $100K | 2022 |
| Little Bud Thorbs Economic Development Assocation For Minorities In SportsTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Mcdowell Technical Community College Foundation IncorporatedTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Montgomery Community College Foundation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Mooresville Soup KitchenTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Steve Smith Family FoundationTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| North Carolina Coastal Federation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Community Foundation Of West KentuckyTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Community Housing Coalition Of Madison County IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Feeding Avery Families IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Fletcher Hospital IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Salvation Army Of Cape FearTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Rural Economic Development CenterTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Ashe Memorial Hospital IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Rowan Vocational Opportunities IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Senior Services IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $100K | 2022 |
| Beaufort County Community College FoundationTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $99K | 2022 |
| Yadkin County Rescue Squad And EmsTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $94K | 2022 |
| Hospice Of Surry County IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $92K | 2022 |
| Campbell UniversityTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Buies Creek, NC | $90K | 2022 |
| Caswell County Parish IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $88K | 2022 |
| Medassist Of MecklenburgTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $85K | 2022 |
| Haven Of Transylvania CountyTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Concord, NC | $85K | 2022 |
| Surry Medical Ministries Foundation IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Mount Airy, NC | $85K | 2022 |
| Rocky Mount Family YmcaTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Rocky Mount, NC | $81K | 2022 |
| Gardner-Webb UniversityTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Boiling Springs, NC | $80K | 2022 |
| Kramden Institute IncTO SUPPORT THE CHARITABLE MISSION & CAPITAL PROJECTS OF THE RECIPIENT ORGANIZATION | Durham, NC | $78K | 2022 |
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