Private Foundation

The David Belk Cannon Foundation

The David Belk Cannon Foundation is a private foundation categorized as Private Foundation based in Gastonia, NC. Its most recent IRS filing (2024) reports revenue of $8.4M, expenses of $10.1M, total assets of $132.5M. Imperigo tracks 303 reported grants from this foundation totaling approximately $45.0M.

EIN: 270004751 Gastonia, NC Latest filing: 2024

Total Revenue$8.4M

Total Expenses$10.1M

Total Assets$132.5M

Grants Given303

Grant Total$45.0M

Filing Years2019–2024

Sample Grants Given

Gaston Community Foundation

Gastonia, NC · 2024

New Hope Business District

$1,500,000

Gaston Day School

Gastonia, NC · 2024

Board Directed, Construction of new upper school building

$892,000

Gaston Community Foundation

Gastonia, NC · 2024

DBC Donor Advised Fund, Rankin Fund, Strategic Planning

$543,600

The Conservation Fund

Arlington, VA · 2024

Conservation Fund's Carolina Farms Fund Project

$500,000

Daniel Stowe Botanical Garden

Belmont, NC · 2024

Support Phase 1 projects in DSBG's strategic plan

$300,000

Showing up to 5 of 303 total records — full history available with membership.

Officers & Directors

Asst Secretary Annabelle Kelly

Vice Chairman Ben F Matthews Iii

Director Dr Richard E Rankin Jr

Chair & CEO Eugene R Matthews Ii

Secretary Mary M Vaughn

Executive Dir. Tamara Burrell

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT

$4,956,300 78 grants

CAPITAL CAMPAIGN

$4,416,667 12 grants

New Hope Business District

$3,500,000 3 grants

DBC Donor Advised Fund

$2,954,971 3 grants

GENERAL SUPPORT, DBC DAF FUND

$2,300,000 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$8.4M	$10.1M	$132.5M
2023	$3.6M	$4.1M	$126.3M
2022	$1.3M	$5.3M	$117.6M
2020	$4.8M	$5.8M	$130.8M
2019	$3.2M	$7.0M	$124.5M

Between 2019 and 2024, reported annual revenue grew from $3.2M to $8.4M (+163%), with total assets most recently reported at $132.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, FL, GA, IL, KY, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for The David Belk Cannon Foundation

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports