The Cannon Foundation Inc
CONCORD, NC EIN: 56-6042532
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$351.7M
+6.8% YoY
Annual Giving
$14.6M
+14.6% YoY
Grant Count
218
+19.8% YoY
Avg Grant Size
$67K
-4.3% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $351,719,598 | $329,446,542 | $273,257,280 |
| Revenue | $24,800,113 | $20,438,264 | $9,085,868 |
| Expenses | $16,429,893 | $17,771,070 | $13,683,228 |
| Qualifying Distributions | $15,777,951 | $13,774,600 | $12,495,026 |
| Net Investment Income | $23,497,601 | $19,258,348 | $8,000,177 |
| Distributable Amount | $16,005,968 | $14,749,801 | $13,464,272 |
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Cannon Foundation Inc 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
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR | DIRECTOR/PRESIDENT | 20 | $30,000 |
| EDWARD K PREWITT JR | DIRECTOR/VICE PRESIDENT | 5 | $30,000 |
| WILLIAM M CONNOLLY | DIRECTOR/TREASURER | 5 | $30,000 |
| GEORGE W LILES JR | DIRECTOR/SECRETARY | 2 | $30,000 |
| EUGENE W COCHRANE JR | DIRECTOR | 12 | $30,000 |
| WINSLOW H GALLOWAY | DIRECTOR | 2 | $30,000 |
| JANET WARD BLACK | DIRECTOR | 2 | $30,000 |
| ELIZABETH L QUICK | DIRECTOR | 2 | $22,500 |
| BRITTIAN L LEATHERMAN | DIRECTOR | 2 | $30,000 |
| DAN L GRAY | DIRECTOR EMERITUS (NON-VOTING) | 1 | — |
| WILLIAM S FISHER | DIRECTOR EMERITUS (NON-VOTING) | 1 | — |
| THOMAS M GRADY | DIRECTOR EMERITUS (NON-VOTING) | 1 | — |
| SUZANNE PHILEMON | EXECUTIVE DIRECTOR | 40 | $260,000 |
Geographic Focus
Where this funder has awarded grants
States
Cities
AberdeenAhoskieAlbemarleAlbenarleAlexandriaArdenArlingtonAsheboroAshevilleAtlantaAuroraBadinBakersvilleBayboroBelmontBlack MountainBlowing RockBoiling SpringsBoliviaBoone
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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