Capital and Equipment Grants

Capital and Equipment Grants is a grant from The Cannon Foundation that funds capital and infrastructure projects for nonprofit organizations across all 100 counties of North Carolina. The foundation supports human services, healthcare, and community organizations, prioritizing projects that can be completed within 12 to 18 months of receiving funding.

Eligible applicants must be North Carolina nonprofits with at least five years of operating history and significant NC operations. Awards typically range from $15,000 to $150,000. Organizations may apply every other year once prior grants are fully completed, with application deadlines in March, June, September, and December.

Apply | Cannon Charitable Interests Grant Application Eligibility Nonprofit has five years of operating history Organization has significant operations in NC Only capital and infrastructure projects will be considered An organization is eligible for consideration every other year, once any prior grants are fully completed Project completion must occur within 12-18 months of grant funding Once you are prepared to discuss your project after gathering up to three project quotes, a project budget and an estimated timeline, please complete the Inquiry Form.

Please begin this process at least 90 days before an application deadline (March, June, September or December). For new and returning organizations, please create or login to your account . You will first be prompted to update or add organization background.

Next, you will then complete a brief Inquiry Form. How to Complete Organization Background How to Complete an Inquiry Form How to Update Profile Information 2. Once the completed Inquiry Form is submitted, you will receive another email within 30 days to let you know the inquiry is being reviewed.

Once the review is complete, your Program Officer will reach out to schedule a call to discuss the project. During the call, staff will discuss the project need, timeline, other identified funding sources, and expected outcomes. 3.

After discussing your project with a Program Officer, further instructions will be given. If an application is released, please complete the application by the given deadline. How to Access and Complete an Application 4.

Once the application and all required documents are submitted by the deadline, your Program Officer will be in touch. Often, a site visit will be requested. 5.

A decision will be made approximately 3-6 months after the application deadline. 6. If a grant is received by your organization, a contract will be sent to your organization leader.

After the contract is signed, grant funds will be released. 7. Upon project completion, a Final Report must be received and reviewed by staff.

Required Application Documents Complete the online application. Complete the project budget in the online application. Quotes or estimates are required .

Project Budget Sample (PDF) Provide a current annual operating budget that includes both income and expenses for the organization. Certification of Tax-Exempt Status Provide a copy of the letter from the Internal Revenue Service indicating the tax-exempt status of the organization unless you are a governmental agency. Churches must provide a denomination letter for the Charles A.

Cannon Charitable Trust. Letter of Denomination Template (PDF) Provide a list of your governing Board members, including their experience relevant to the organization. Provide the three most recent independent audit reports of the organization.

If your organization does not have independent audits, then provide the three most recent fiscal year-end financial statements for the organization. Note: Please read your application carefully as some additional information may be required depending on the type of grant request. Staff will need financial statements for the three most recent fiscal years .

Provide a copy of the organization’s most recent IRS Form 990. If your organization is not required to file a Form 990, upload a brief statement of that fact. Additional descriptive materials may be submitted to supplement the application.

Quotes or estimates are required. Photos should portray the need for this project. Complete the online application.

Complete the project budget in the online application. Quotes or estimates are required . Project Budget Sample (PDF) Provide a current annual operating budget that includes both income and expenses for the organization.

Certification of Tax-Exempt Status Provide a copy of the letter from the Internal Revenue Service indicating the tax-exempt status of the organization unless you are a governmental agency. Churches must provide a letter of denomination for the Charles A. Cannon Charitable Trust.

Letter of Denomination Template (PDF) Provide a list of your governing Board members, including their experience relevant to the organization. Provide the three most recent independent audit reports of the organization. If your organization does not have independent audits, then provide the three most recent fiscal year-end financial statements for the organization.

Note: Please read your application carefully, as some additional information may be required depending on the type of grant request. Staff will need financial statements for the three most recent fiscal years . Provide a copy of the organization’s most recent IRS Form 990.

If your organization is not required to file a Form 990, upload a brief statement of that fact. Additional descriptive materials may be submitted to supplement the application. Quotes or estimates are required.

Photos should portray the need for this project. Cannon Charitable Interests Concord, North Carolina 28026 © Cannon Charitable Interests. Non-necessary Non-necessary