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Private Foundation · NC

Cannon Foundation Inc

Concord, NC  ·  EIN 566042532  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$329.4M

Total Giving

$22.8M

Grants on File

375

Average Grant

$61K

Giving Radius

Where Cannon Foundation Inc Has Given

AK — no grants on file AL — $20K across 1 grant AR — no grants on file AZ — no grants on file CA — no grants on file CO — $50K across 1 grant CT — no grants on file DC — $128K across 2 grants DE — no grants on file FL — no grants on file GA — $60K across 1 grant HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — $22.1M across 363 grants ND — no grants on file NE — no grants on file NH — $50K across 1 grant NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — $128K across 3 grants SD — no grants on file TN — no grants on file TX — $100K across 1 grant UT — no grants on file VA — $147K across 2 grants VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 363 recipients across 9 states. Top concentrations: CONCORD ($9.6M, 170 grants), CHARLOTTE ($962K, 20 grants), SALISBURY ($910K, 3 grants), RALEIGH ($618K, 10 grants), ASHEVILLE ($511K, 10 grants).

Section I

How to Apply

See http://cannonfoundation.org/apply/.

On Unsolicited Proposals yes

Restrictions

See HTTP://CANNONFOUNDATION.ORG/APPLY/

Section IV

Recent Grants

Recipient Amount Year
Young Life $5K 2022
Ymi Cultural Center $50K 2022
Yadkin County Rescue Squad and Ems $94K 2022
Winston-Salem National Little League $5K 2022
Winston-Salem State University Foundation Incorporated $5K 2022
Wings of Eagles Ranch $22K 2022
Wingate Baptist Church $5K 2022
Wingate University $5K 2022
Wilkinson Community Event Center $112K 2022
Wilson County Partnership for Children $29K 2022
Watauga County Habitat for Humanity INC $27K 2022
Wayne Opportunity Center $21K 2022
Wilkes Rescue Squad INC $50K 2022
Verner INC $21K 2022
Vance-Granville Community College Endowment Fund $107K 2022
Victory Junction Gang Camp INC $75K 2022
Valley River Arts Guild $14K 2022
University of North Carolina at Chapel Hill $5K 2022
Urban Community Arginomics $50K 2022
Tried by Fire INC $45K 2022
Union County Community Shelter $25K 2022
Town of Princeville $50K 2022
Triangle Residential Options for Substance Abusers INC $150K 2022
The Webb School $5K 2022
The Mental Health Fund INC $61K 2022

Page 1 of 15 · 375 total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $273.3M $13.5M $9.1M $13.7M
2022 $249.2M $13.9M $24.0M $14.0M
2021 $297.5M $13.5M $30.5M $14.4M
2020 $241.9M $11.7M $8.7M $14.1M
2019 $248.2M $11.6M $18.8M $12.9M
2015 $202.4M $10.5M $18.5M $11.6M
2014 $215.5M $10.2M $15.5M $11.1M
2013 $199.1M $8.7M $26.0M $8.9M
2012 $180.6M $8.3M $8.6M $8.0M
2011 $154.3M $8.1M $10.5M $7.8M