Cannon Foundation Grants

The Cannon Foundation Grants support capital and equipment projects in North Carolina, focusing on healthcare, higher education, human services, and community initiatives. Established in 1943, the foundation prioritizes established organizations and encourages collaboration with other funding sources. Grants are not available for operational expenses or start-up funding, and applicants must demonstrate a clear funding plan for ongoing operations. This foundation seeks to empower communities while avoiding dependency on funding.

Note: Staff recommends beginning the inquiry process at least 90 days before an application deadline (March, June, September or December)
The Cannon Foundation was established in 1943 by Charles A. Cannon, President and CEO of Cannon Mills Company. The Foundation continues his philanthropic legacy by funding capital and equipment projects for organizations across Mr. Cannon’s home state of North Carolina.
Areas of Focus
HealthcareNon-profit hospitals serving rural areas, hospices, federally qualified health centers and free clinics can be considered. Organizations serving special needs populations as well as mental health and substance use disorders in North Carolina can also be considered. Projects can range from medical equipment to construction or renovation of buildings or building infrastructure.Higher EducationThe Foundation supports private colleges, community colleges serving Tier 1 or 2 counties and small public colleges across North Carolina. Projects that construct or renovate buildings or building infrastructure are considered as well as training equipment. Rural public libraries with capital needs may also apply.Human ServicesOrganizations that meet basic needs or help individuals escape the cycle of violence or poverty may apply for their capital or equipment needs, especially if they help in underserved parts of North Carolina. Projects can range from new roofs or HVAC systems to construction or renovation of buildings. CommunityA smaller number of grants are made for capital or equipment projects for organizations serving veterans, promoting the arts and providing historic or environmental preservation services in North Carolina.

Eligibility

Helpful Hints for Grant ApplicantsQualifying organizations must be well established with at least five years of successful operations before a grant can be considered. Projects with a request greater than $100,000 should wait to apply until your organization has identified at least 60% of the total funding needed and when the project can be completed within 12-18 months. This does not mean that the Foundation will fund the remaining 40%.If a project will expand service capacity, then the organization should have a clear business plan for funding ongoing operations. The Foundation does not want to create dependency. Organizations should wait at least two years between grant requests.The Cannon Foundation is not interested in naming opportunities.

Ineligibility

The Foundation does not fund operational expenses such as salaries or overhead costs.The Foundation does not provide start-up funding, scholarships, grants to individuals or operating funds including salaries or overhead costs.