Charles a Cannon Trust No 1
CONCORD, NC EIN: 56-6132354
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$138.4M
-2.3% YoY
Annual Giving
$17.7M
+19.5% YoY
Grant Count
85
-24.8% YoY
Avg Grant Size
$208K
+58.9% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $138,395,667 | $141,615,193 | $139,220,382 |
| Revenue | $18,179,325 | $19,999,630 | $27,247,632 |
| Expenses | $20,943,911 | $17,800,102 | $19,886,939 |
| Qualifying Distributions | $19,132,550 | $16,111,149 | $18,588,237 |
| Net Investment Income | $16,545,775 | $18,665,562 | $21,101,511 |
| Distributable Amount | $19,662,517 | $17,291,583 | $15,956,123 |
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 2025
Grant Size Distribution
589 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Charles a Cannon Trust No 1 fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR | TRUSTEE/PRESIDENT | 3 | $252,117 |
| EDWIN S OUTEN | TRUSTEE/VICE-PRESIDENT | 3 | $252,117 |
| JOSEPH C HUNTER | TRUSTEE/SECRETARY | 3 | $252,117 |
| BRITT LEATHERMAN | TRUSTEE | 1 | $252,117 |
| PINNACLE FINANCIAL PARTNERS | TRUSTEE | 1 | $200,423 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $85.4M (96%)
South Carolina $3.2M (4%)
States
Cities
AhoskieAlbemarleAlbermarleAsheboroBanner ElkBooneBrevardBurlingtonCatawbaCentralCharlotteChina GroveClevelandClintonCloverColumbiaConcordConcrdDobsonDublin
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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