Cannon Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $100K. Net investment income was $190K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+7.4% YoY
Annual Giving
$100K
-41.5% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$100K
+75.4% YoY
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.
About Cannon Family Foundation Inc
Based on IRS filings
Cannon Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $100K. Net investment income was $190K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,658,770 | $2,474,431 | $2,512,289 |
| Revenue | $205,890 | $158,830 | $2,513,588 |
| Expenses | $121,551 | $196,688 | $1,299 |
| Qualifying Distributions | $100,801 | $180,063 | — |
| Net Investment Income | $189,678 | $137,850 | $13,247 |
| Distributable Amount | $119,456 | $122,605 | $25,579 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Highlands School ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE HIGHLANDS SCHOOL IRVING, TX | EDUCATION | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARVIN V CANNON III | PRESIDENT, TREASURER & DIRECTOR | 1 | — |
| LEAH M CANNON | SECRETARY & DIRECTOR | 1 | — |
| AUDREY E CANNON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cannon Family Foundation Inc?
Cannon Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. It holds $2.7M in total assets as of 2024.
How large is Cannon Family Foundation Inc?
As of 2024, Cannon Family Foundation Inc holds $2.7M in total assets with $206K in annual revenue. It awarded 1 grants totaling $100K in 2024.
Where does Cannon Family Foundation Inc operate?
Cannon Family Foundation Inc has awarded grants in Georgia, Texas.
What size grants does Cannon Family Foundation Inc award?
In 2024, Cannon Family Foundation Inc awarded 1 grants totaling $100K — an average of about $100K per grant, based on its IRS Form 990 filings.
How much is Cannon Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cannon Family Foundation Inc reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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