Tua Victor M Cannon Jr Char

DALLAS, TX EIN: 30-6686852

Tua Victor M Cannon Jr Char is a private foundation, based in DALLAS, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it made $44K in qualifying distributions. Net investment income was $563K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

+16.9% YoY

Revenue

$1.1M

+172.6% YoY

Qualifying Distributions

$44K

-39.5% YoY

Expenses

$95K

-48.0% YoY

Under IRS private-foundation payout rules, Tua Victor M Cannon Jr Char reported a distributable amount of $328K for 2024 — the minimum it must pay out in qualifying distributions.

About Tua Victor M Cannon Jr Char

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $35K (100%)

States

New York

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,622,587	$5,663,627	$5,471,449
Revenue	$1,081,615	$396,790	$8,171,751
Expenses	$94,907	$182,341	$12,599
Qualifying Distributions	$43,876	$72,464	$5,953
Net Investment Income	$562,943	$354,157	$2,824,800
Distributable Amount	$328,360	$17,691	$15,446

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	1	$67,021

Frequently Asked Questions

How large is Tua Victor M Cannon Jr Char?

As of 2024, Tua Victor M Cannon Jr Char holds $6.6M in total assets with $1.1M in annual revenue.

Where does Tua Victor M Cannon Jr Char operate?

Tua Victor M Cannon Jr Char has awarded grants in New York.

How much is Tua Victor M Cannon Jr Char required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tua Victor M Cannon Jr Char reported a distributable amount of $328K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.