Open Foundations · North Carolina

Cannon Foundation Inc

Concord, North Carolina · EIN 566042532. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $14.6M across 215 grants in 2024, a median of $50K each.

All North Carolina foundations · All states

$14.6M
paid in 2024
215
grants paid
$50K
median grant
47%
to first-time recipients
$351.7M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
SUZANNE PHILEMON EXECUTIVE DIRECTOR
Address
PO BOX 548, CONCORD, NC, 28026
Phone
7047868216
Email
Not stated in the filing
Form the request should take
SEE HTTP://CANNONFOUNDATION.ORG/APPLY/
Submission deadline
SEE HTTP://CANNONFOUNDATION.ORG/APPLY/
Restrictions on awards
SEE HTTP://CANNONFOUNDATION.ORG/APPLY/

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202533499349100203. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2024 grants. These are the foundation's own words, not a category we assigned.

hurricane helenedisaster reliefhelene disasterrenovationcenterbuildingcommunity

Biggest grants in 2024

The 15 largest of the 215 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Cabarrus Cooperative Christian Ministry IncNC$500,000TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2Rowan-cabarrus Young Men's Christian AssociationNC$400,000NEW HARRISBURG YMCA, KANNAPOLIS BRANCH AQUATICS CENTER RENOVATION
3Boys and Girls Club of the Tar River Region IncNC$350,000PROJECT DREAM
4Public Health Authority of Cabarrus CountyNC$300,000KANNAPOLIS DENTAL EXPANSION
5Center for Domestic PeaceNC$250,000TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
6Carolina SeniorcareNC$212,433ACCESSIBILITY TO HEALTHCARE FOR LOW-INCOME SENIORS
7Young Mens Christian Association Blue Ridge AssemblyNC$200,000PHASE ONE - CABIN VILLAGE CONSTRUCTION
8Atrium Health FoundationNC$166,667TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
9First Presbyterian ChurchNC$150,000THE PARVIN PROJECT
10Franklin Vance Warren Opportunity IncNC$150,000TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
11Free Will Baptist Children's Home IncNC$150,000THRIVE INDEPENDENT LIVING HOUSING PROJECT
12Grace Clinic of Yadkin ValleyNC$150,000NEW BUILDING PROJECT
13Haywood Street CongregationNC$150,000HAYWOOD STREET RESPITE EXPANSION
14Least of These Carolinas IncNC$150,000LOTC HEADQUARTERS BUILDING
15Mars Hill UniversityNC$150,000STUDENT CENTER

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2019174$12.0M
2020204$11.9M
2021186$11.3M
2022189$11.5M
2023182$12.7M
2024215$14.6M

Where the money went

Share of 2024 grant dollars by recipient state
North Carolina97%
South Carolina1%
Virginia1%
Alabama1%
Missouri1%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

Brittian L LeathermanDIRECTOR · 2024
Dan L GrayDIRECTOR EMERITUS (NON-VOTING) · 2024
Edward K Prewitt JrDIRECTOR/VICE PRESIDENT · 2024
Elizabeth L QuickDIRECTOR · 2024
Eugene W Cochrane JrDIRECTOR · 2024
George W Liles JrDIRECTOR/SECRETARY · 2024
Janet Ward BlackDIRECTOR · 2024
Suzanne PhilemonEXECUTIVE DIRECTOR · 2024
Thomas M GradyDIRECTOR EMERITUS (NON-VOTING) · 2024
William C Cannon JrDIRECTOR/PRESIDENT · 2024
William M ConnollyDIRECTOR/TREASURER · 2024
William S FisherDIRECTOR EMERITUS (NON-VOTING) · 2024
Winslow H GallowayDIRECTOR · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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