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Charles A Cannon Charitable Trust N0 One is a private trust based in CONCORD, NC. The foundation received its IRS ruling in 1981. The principal officer is % Pinnacle Bank Ttee. It holds total assets of $138.4M. Annual income is reported at $68.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Charles A Cannon Charitable Trust N0 One has made 296 grants totaling $40.2M, with a median grant of $40K. Annual giving has grown from $12.9M in 2021 to $27.3M in 2022. Individual grants have ranged from $2K to $5.4M, with an average award of $136K. The foundation has supported 141 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Charles A Cannon Charitable Trust N0 One primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 296 grants. Its grantmaking reaches organizations primarily in NC, SC.
Charles A Cannon Charitable Trust N0 One has distributed a total of $40.2M across 296 grants. The median grant size is $40K, with an average of $136K. Individual grants have ranged from $2K to $5.4M.
Charles A Cannon Charitable Trust N0 One typically selects its grantees rather than accepting unsolicited proposals.
Charles A Cannon Charitable Trust N0 One is headquartered in CONCORD, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Britt Leatherman | TRUSTEE | $219K | $0 | $219K |
| Joseph C Hunter | TRUSTEE/SECRETARY | $219K | $0 | $219K |
| William C Cannon Jr | TRUSTEE/PRESIDENT | $219K | $0 | $219K |
| Edwin S Outen | TRUSTEE/VICE-PRESIDENT | $219K | $0 | $219K |
| Pinnacle Financial Partners | TRUSTEE | $202K | $0 | $202K |
Total Giving
$17.8M
Total Assets
$141.6M
Fair Market Value
N/A
Net Worth
$141.6M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$18.7M
Distribution Amount
$17.3M
Total Grants
296
Total Giving
$40.2M
Average Grant
$136K
Median Grant
$40K
Unique Recipients
141
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchRESTORATION OF MEMORIAL GARDEN: THE SITE OF THE CHURCH'S ORIGINAL SANCTUARY | Concord, NC | $100K | 2022 |
| Carolinas Medical Center-NortheastREQUIRED 40% DISTRIBUTION | Concord, NC | $5.4M | 2022 |
| Boys And Girls Club Of Cabarrus County IncOPERATIONAL, FACILITY, TRANSPORTATION SUPPORT AND BUS PURCHASES | Concord, NC | $350K | 2022 |
| Lenoir-Rhyne UniversityHVAC IN PE MONROE AUDITORIUM | Hickory, NC | $300K | 2022 |
| Wingate UniversityCAMPAIGN UNRESTRICTED SUPPORT |
| Wingate, NC |
| $300K |
| 2022 |
| Stanly Community College Foundation IncCATERPILLAR 953 TRACK LOADER AND PERSONAL SAFETY/TRAINING EQUIPMENT | Albemarle, NC | $270K | 2022 |
| Cabarrus County - LibraryLIBRARY SYSTEM ENHANCEMENT PROJECTS | Concord, NC | $250K | 2022 |
| Appalachian Regional Healthcare System IncRE-IMAGINED ARHS PAUL H. BROYHILL WELLNESS CENTER | Boone, NC | $250K | 2022 |
| Lees-Mcrae College IncorporatedINFRASTRUCTURE ENHANCEMENTS | Banner Elk, NC | $201K | 2022 |
| Brevard College CorporationIMPROVING THE CAMPUS LIVING-LEARNING ENVIRONMENT | Brevard, NC | $200K | 2022 |
| Catawba CollegeIT A/V & FIBER NETWORK UPGRADES | Salisbury, NC | $200K | 2022 |
| Rowan-Cabarrus Community College Foundation IncAUDITORIUM RENOVATION | Salisbury, NC | $200K | 2022 |
| Rowan Regional Medical Center Foundation IncCAFE RENOVATIONS | Salisbury, NC | $200K | 2022 |
| Pfeiffer UniversityUNRESTRICTED SUPPORT | Misenheimer, NC | $200K | 2022 |
| Livingstone CollegeDUNCAN SCIENCE BUILDING | Salisbury, NC | $200K | 2022 |
| Hope ChapelROOF, WINDOWS, DOORS AND EXTERIOR WALLS | Concord, NC | $150K | 2022 |
| Tri-County Technical College Foundation IncOCONEE HALL RENOVATION | Pendleton, SC | $110K | 2022 |
| Bethpage United Presbyterian ChurchRENOVATION | Concord, NC | $110K | 2022 |
| Alamance Community College Foundation IncTRAINING EQUIPMENT FOR JOBS IN BIOTECHNOLOGY | Graham, NC | $100K | 2022 |
| Foundation Of The Caldwell Community College And Technical InstituteORGANIC/BIOCHEM/QC PHARMA LAB #2 | Lenoir, NC | $100K | 2022 |
| Mayland Community College FoundationCOMPLETION OF BLUE RIDGE BOUTIQUE HOTEL | Spruce Pine, NC | $100K | 2022 |
| Bennettsville Ame Zion ChurchROOF REPLACEMENT AND DAMAGE REPAIR | Norwood, NC | $85K | 2022 |
| Soldiers Memorial Ame Zion ChurchRENOVATIONS TO THE GLEN MANSE | Salisbury, NC | $80K | 2022 |
| Kimball Memorial Evangelical Lutheran ChurchDEBT REDUCTION | Kannapolis, NC | $65K | 2022 |
| East Pickens Baptist ChurchHVAC REPAIR & REPLACEMENT | Pickens, SC | $60K | 2022 |
| York Technical College Foundation IncHVAC ACCESS PANELS | Rock Hill, SC | $60K | 2022 |
| Gethsemane Missionary Baptist ChurchAFTER-SCHOOL/SUMMER PROGRAM & RENOVATIONS | Salisbury, NC | $55K | 2022 |
| Lakewood Baptist ChurchCHURCH DRAINAGE REPAIRS | Kannapolis, NC | $54K | 2022 |
| First Presbyterian Church Of Burlington North Carolina IncEXPANSION OF COMMUNITY OUTREACH CENTER FOR MOW GROWTH | Burlington, NC | $50K | 2022 |
| West End Baptist ChurchHVAC REPLACEMENT & DOOR REPLACEMENT | Rock Hill, SC | $50K | 2022 |
| Glorieta Baptist ChurchPARKING LOT REPLACEMENT | Concord, NC | $50K | 2022 |
| Blessed Sacrament Catholic ChurchSOLAR POWER | Burlington, NC | $50K | 2022 |
| First Baptist Church Of YorkHANDICAP RAMP | York, SC | $50K | 2022 |
| Trinity United Presbyterian Church Of Salisbury NcHVAC REPLACEMENTS & AIR FILTRATION | Salisbury, NC | $50K | 2022 |
| Tryon Palace Foundation IncOPERATING SUPPORT | New Bern, NC | $50K | 2022 |
| St Matthew Ame Zion ChurchROOF REPLACEMENT | Rock Hill, SC | $40K | 2022 |
| St James Evangelical Lutheran ChurchROOF REPLACEMENT | Concord, NC | $40K | 2022 |
| All Saints Episcopal ChurchRESURFACE PARKING AREAS | Concord, NC | $40K | 2022 |
| Central Baptist ChurchPARKING LOT REPAVEMENT & PAD ADDITION | York, SC | $40K | 2022 |
| Church Of God Children'S Home Of North Carolina IncUTILITY TERRAIN VEHICLE & ADDITIONAL LAWN MOWER | Concord, NC | $36K | 2022 |
| Episcopal Church Of Our SaviourROOF REPLACEMENT REIMBURSEMENT | Rock Hill, SC | $35K | 2022 |
| Franklin Heights Baptist ChurchWINDOW REPLACEMENT: FELLOWSHIP HALL & SANCTUARY | Kannapolis, NC | $35K | 2022 |
| Friendship UmcADA RESTROOMS & GATHERING AREA RENOVATION | Rock Hill, SC | $35K | 2022 |
| North Kannapolis Baptist ChurchA/V EQUIPMENT | Kannapolis, NC | $35K | 2022 |
| Bogers Chapel United Methodist ChurchRENOVATIONS: ROOFING, CEILING REPAIR, FLOORING & PAINTING | Concord, NC | $33K | 2022 |
| Crosspointe Baptist ChurchHVAC REPLACEMENT & CAMERA SYSTEM | Concord, NC | $30K | 2022 |
| First Church Of GodWINDOWS REPLACEMENT & SPECIAL ENGINEER/ARCHITECT STUDY | Concord, NC | $30K | 2022 |
| Kinza Memorial Baptist Church IncorporatedCRITICAL REPAIRS/MAINTENANCE & A/V UPGRADES | Stanfield, NC | $30K | 2022 |
| Rock Grove A M E Zion ChurchDEBT REDUCTION | Rock Hill, SC | $30K | 2022 |
| Calvary Baptist ChurchWINDOW REPLACEMENT IN SANCTUARY | Kannapolis, NC | $29K | 2022 |
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