Charles a Cannon Charitable Trust No 3
Charles a Cannon Charitable Trust No 3 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.8M in total assets. In 2024, it awarded 5 grants totaling $1.1M. Net investment income was $1.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.8M
+10.9% YoY
Annual Giving
$1.1M
-2.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$220K
-2.5% YoY
About Charles a Cannon Charitable Trust No 3
Based on IRS filings
Charles a Cannon Charitable Trust No 3 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.8M in total assets. In 2024, it awarded 5 grants totaling $1.1M. Net investment income was $1.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,760,312 | $26,841,211 | $22,987,830 |
| Revenue | $1,778,798 | $1,845,383 | $1,199,797 |
| Expenses | $1,575,244 | $1,394,057 | $1,372,609 |
| Qualifying Distributions | $1,215,612 | $1,237,148 | $1,275,361 |
| Net Investment Income | $1,669,166 | $1,746,517 | $1,131,722 |
| Distributable Amount | $1,408,481 | $1,210,096 | $1,222,185 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR | TRUSTEE, PRESIDENT | 3 | $18,034 |
| EDWIN S OUTEN | TRUSTEE, VICE-PRESIDENT | 3 | $18,034 |
| JOSEPH C HUNTER | TRUSTEE, SECRETARY | 3 | $18,034 |
| BRITT LEATHERMAN | TRUSTEE | 1 | $18,033 |
| PINNACLE FINANCIAL PARTNERS | TRUSTEE | 1 | $14,780 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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