THE CANNON FOUNDATION INC

Private FoundationIRS data 2021–2024

CONCORD, NCEIN 566042532

Annual Giving

$14.6M+15% YoY

Grants

218

Median Grant

$50K

Organizations Funded

521

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Foundation Overview

Mission

The Foundation continues Mr. Cannon's philanthropy through funding in healthcare, higher education, human services and community

Focus Areas

community facility construction and renovationyouth development and after-school programsymca and boys & girls club programminghealthcare facilities and medical equipmentdental clinic expansionsenior healthcare accesslicensed child caredomestic violence shelters and services

Grant Types

capital/capital campaign grantsfacility construction and renovation grantsequipment grantsgeneral operating supportproject/program grantsdisaster/emergency relief grants

Funded Initiatives

Emergency funding for Western NC organizations affected by Hurricane Helene; support for healthcare, higher education, human services and community programs across North Carolina

How to Apply

Organizations must register for an account on the website. First-time applicants create an account by clicking Register link. Returning users login with email to access application. Foundation has recently changed grants management system

Does Not Fund

Does not provide start-up funding, scholarships, grants to individuals or operating funds including salaries or overhead costs. Geographic restriction to North Carolina only. Capital and equipment projects only. Must have 5+ years operations. Projects >$100k need 60% funding identified. No dependency - wait 2 years between grants. No naming opportunities

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024+15%

$14.6M

Grants

218

Median

$50K

States

2023+11%

$12.7M

Grants

182

Median

$50K

States

2022

$11.5M

Grants

189

Median

$50K

States

Grant Size Distribution

$50K

Typical Grant (Median)

$3K

Smallest

$25K

25th Pctile

$100K

75th Pctile

$500K

Largest

Excludes grants ≤ $5K. Half fall between $25K and $100K.

Largest Recent Grants

$500K

2024

CABARRUS COOPERATIVE CHRISTIAN MINISTRY INC

NC · TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION

$400K

2024

ROWAN-CABARRUS YOUNG MEN'S CHRISTIAN ASSOCIATION

NC · NEW HARRISBURG YMCA, KANNAPOLIS BRANCH AQUATICS CENTER RENOVATION

$350K

2024

BOYS AND GIRLS CLUB OF THE TAR RIVER REGION INC

NC · PROJECT DREAM

$300K

2024

PUBLIC HEALTH AUTHORITY OF CABARRUS COUNTY

NC · KANNAPOLIS DENTAL EXPANSION

$250K

2024

CENTER FOR DOMESTIC PEACE

NC · TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION

Geographic Focus

$14.1M211 grants

$175K2 grants

$150K2 grants

$80K1 grants

$40K1 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$351.7M

$14.6M(4.1%)

2023

$329.4M

$12.7M(3.9%)

2022

$273.3M

$11.5M(4.2%)

2021

$249.2M

$11.3M(4.5%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.