Cannon Family Foundation Inc

NEW YORK, NY EIN: 22-3505286

Cannon Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available for 2020. In 2020, it awarded 11 grants totaling $82K. Net investment income was $63K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$82K

Grant Count

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Cannon Family Foundation Inc reported a distributable amount of $6K for 2020 — the minimum it must pay out in qualifying distributions.

About Cannon Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $80K (98%)

New Jersey $876 (1%)

Rhode Island $315 (0%)

District of Columbia $105 (0%)

Texas $50 (0%)

States

District of Columbia New Jersey New York Rhode Island Texas

Cities

Bay HeadDallasNew YorkRoslynTrentonWarwickWashingtonWestfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$24,432
Expenses	$86,267
Qualifying Distributions	—
Net Investment Income	$63,006
Distributable Amount	$5,598

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Cannon Family Foundation Llc ($79,217), St Francis Hospital ($800), Csc ($536).

Recipient	Purpose	Amount
PLAN USA WARWICK, RI	PROGRAM ACTIVITIES	$315
SACRED HEART CHURCH BAY HEAD, NJ	CATHOLIC CHURCH	$100
SILVER SHIELD NEW YORK, NY	POLICE ACTIVITIES	$100
ST FRANCIS HOSPITAL ROSLYN, NY	PROGRAM ACTIVITIES	$800
ST PATRICK'S CATHEDRAL NEW YORK, NY	CHARITY	$50
FIRST CONGREGATIONAL CHURCH WESTFIELD, NJ	CHARITABLE ORGANIZATION	$100
BAY HEAD FIRE BAY HEAD, NJ	PROGRAM ACTIVITIES	$140
CSC TRENTON, NJ	PROGRAM ACTIVITIES	$536
S KOMEN DALLAS, TX	CHARITABLE ORGANIZATION	$50
PLANNED PARENTHOOD WASHINGTON, DC	CHARITABLE ORGANIZATION	$105

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
THOMAS J CANNON III	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cannon Family Foundation Inc?

Cannon Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds — in total assets as of 2020.

Where does Cannon Family Foundation Inc operate?

Cannon Family Foundation Inc has awarded grants in District of Columbia, New Jersey, New York, Rhode Island, Texas.

What size grants does Cannon Family Foundation Inc award?

In 2020, Cannon Family Foundation Inc awarded 11 grants totaling $82K — an average of about $7K 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 2020, Cannon Family Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.