Mildred L Cannon Trust
Mildred L Cannon Trust is a private foundation, based in VERNON, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $430K in total assets. In 2024, it awarded 8 grants totaling $38K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$430K
+3.7% YoY
Annual Giving
$38K
+15.2% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$5K
+0.8% YoY
Under IRS private-foundation payout rules, Mildred L Cannon Trust reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Mildred L Cannon Trust
Based on IRS filings
Mildred L Cannon Trust is a private foundation, based in VERNON, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $430K in total assets. In 2024, it awarded 8 grants totaling $38K. Net investment income was $69K.
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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 | $430,081 | $414,884 | $413,904 |
| Revenue | $79,975 | $54,737 | $67,269 |
| Expenses | $58,481 | $49,703 | $65,041 |
| Qualifying Distributions | $47,068 | $41,219 | $55,826 |
| Net Investment Income | $69,029 | $46,253 | $57,549 |
| Distributable Amount | $56,565 | $52,229 | $55,961 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suffield Community Aid ($10,000), Womens Health Research at Yale ($10,000), The Hole In The Wall Gang ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Hartford Hospital-Susan D Flynn Program Hartford, CT | Alleviate suffering from cancer and heart disease. | $2,500 |
| Malta House of Care Hartford, CT | Alleviate suffering from cancer and heart disease | $3,000 |
| Ronald McDonald House of CT New Haven, CT | Alleviate suffering from cancer and heart disease | $1,000 |
| St Jude's Childrens Research Hospital Memphis, TN | Alleviate suffering from cancer and heart disease | $1,000 |
| Suffield Community Aid Suffield, CT | Alleviate suffering from cancer and heart disease. | $10,000 |
| The Hole In The Wall Gang New Haven, CT | Alleviate suffering from cancer and heart disease | $8,000 |
| University of South Florida Foundation Tampa, FL | Alleviate suffering from cancer and heart disease | $2,500 |
| Womens Health Research at Yale New Haven, CT | Alleviate suffering from cancer and heart disease | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Mildred L Cannon Trust?
As of 2024, Mildred L Cannon Trust holds $430K in total assets with $80K in annual revenue. It awarded 8 grants totaling $38K in 2024.
Where does Mildred L Cannon Trust operate?
Mildred L Cannon Trust has awarded grants in Connecticut, Florida, Massachusetts, Pennsylvania, Tennessee, Virginia.
What size grants does Mildred L Cannon Trust award?
In 2024, Mildred L Cannon Trust awarded 8 grants totaling $38K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Mildred L Cannon Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mildred L Cannon Trust reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mildred L Cannon Trust's EIN?
Mildred L Cannon Trust's EIN (Employer Identification Number) is 06-6227269. IRS Form 990 filing data is available on this page for 2021–2024.
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Browse active grant opportunities in Mildred L Cannon Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.