Cannon Family Foundation Inc
Cannon Family Foundation Inc is a private foundation, based in Irving, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $190K.
Cannon Family Foundation Inc at a glance
In short: Cannon Family Foundation Inc gave $100K across 1 grant in 2024 (avg $100K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $100,000
- -41.5% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $100,000
- +75.4% vs 2023
- Median grant
- $100,000
- Total assets
- $2,658,770
- +7.4% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Cannon Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Highlands School ($100K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Cannon Family Foundation Inc gives
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $100K (2024) to $171K (2023). In 2024 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Highlands School Irving, TX | Education | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,658,770 | $205,890 | $121,551 | $100,000 | 1 | $100,801 | $189,678 | $119,456 |
| 2023 | $2,474,431 | $158,830 | $196,688 | $171,000 | 3 | $180,063 | $137,850 | $122,605 |
| 2022 | $2,512,289 | $2,513,588 | $1,299 | — | — | — | $13,247 | $25,579 |
Under IRS private-foundation payout rules, Cannon Family Foundation Inc reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Cannon Family Foundation Inc is led by Marvin V. Cannon III, President, Treasurer & Director on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marvin V. Cannon III
President, Treasurer & Director
On filings since 2022
1 hr/week
No compensation reported
Audrey E. Cannon
Director
On filings since 2022
1 hr/week
No compensation reported
Leah M. Cannon
Secretary & Director
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cannon Family Foundation Inc
How much does Cannon Family Foundation Inc give each year?
Cannon Family Foundation Inc gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $171K across 3 grants.
How large is Cannon Family Foundation Inc?
Cannon Family Foundation Inc reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $101K in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Cannon Family Foundation Inc operate?
Cannon Family Foundation Inc has awarded grants in Georgia, Texas.
What is Cannon Family Foundation Inc's EIN?
Cannon Family Foundation Inc's EIN (Employer Identification Number) is 92-0782130. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Cannon Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Cannon Family Foundation Inc's focus areas in our free grants database
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Cannon Family Foundation Inc down — hundreds of funders to go?