Private Foundation

CHARLES A CANNON TRUST NO 1

CHARLES A CANNON TRUST NO 1 is a Private Foundation headquartered in CONCORD, NC. Financial data from the 2026 filing: $39.4M revenue, $20.5M expenses, $415.5M total assets. IRS filings disclose 818 grants awarded by this foundation, totaling roughly $115.8M.

EIN: 566132354 CONCORD, NC Private Grantmaking Foundations NTEE: T20 Latest filing: 2026
Total Revenue$39.4M
Total Expenses$20.5M
Total Assets$415.5M
Grants Given818
Grant Total$115.8M
Filing Years2022–2026

Before you apply to Charles a Cannon Trust No 1

Preselected only Doesn't accept unsolicited requests for funds, per its 2026 Form 990-PF.

Sometimes funds new orgs 30% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY
CONCORD, NC · 2025
REQUIRED 40% DISTRIBUTION - ATRIUM CABARRUS
$6,445,789
CABARRUS COOPERATIVE CHRISTIAN MINISTRY INC
CONCORD, NC · 2025
THE REBUILDER'S CAMPUS - PHASE 1
$500,000
ROWAN-CABARRUS YOUNG MEN'S CHRISTIAN ASSOCIATION
SALISBURY, NC · 2025
NEW HARRISBURG YMCA (CAPITAL PROJECT)
$400,000
WESTERN PIEDMONT FOUNDATION INC
MORGANTON, NC · 2025
FEDERAL PACIFIC ELECTRICAL PANEL REPLACEMENT
$400,000
BREVARD COLLEGE CORPORATION
BREVARD, NC · 2025
GREEN HALL UPDATES AND RENOVATIONS
$400,000

Showing up to 5 of 818 total records — full history available with membership.

Officers & Directors

TRUSTEE Britt Leatherman
TRUSTEE/VICE-PRESIDENT Edwin S Outen
TRUSTEE/SECRETARY Joseph C Hunter
TRUSTEE Pinnacle Financial Partners
TRUSTEE/PRESIDENT William C Cannon Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$30,201,251 190 grants
Health & Medicine
$7,013,938 41 grants
Education
$6,104,294 62 grants
Research & Policy
$3,508,028 23 grants
Public Safety & Disaster Relief
$2,257,302 7 grants

Financial Trends

Year Revenue Expenses Assets
2026 $39.4M $20.5M $415.5M
2025 $18.2M $20.9M $138.4M
2024 $20.0M $17.8M $141.6M
2023 $27.2M $19.9M $139.2M
2022 $9.6M $16.1M $132.4M

Between 2022 and 2026, reported annual revenue grew from $9.6M to $39.4M (+313%), with total assets most recently reported at $415.5M.

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

Grant Geography

Grants from this foundation were reported to recipients in NC, SC.

NCSC

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

See the full picture for CHARLES A CANNON TRUST NO 1

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