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 2025 filing: $18.2M revenue, $20.9M expenses, $138.4M total assets. IRS filings disclose 685 grants awarded by this foundation, totaling roughly $99.0M.

EIN: 566132354 CONCORD, NC Latest filing: 2025
Total Revenue$18.2M
Total Expenses$20.9M
Total Assets$138.4M
Grants Given685
Grant Total$99.0M
Filing Years2021–2025

Sample Grants Given

THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY
CONCORD, NC · 2024
REQUIRED 40% DISTRIBUTION - ATRIUM CABARRUS
$6,233,802
WINGATE UNIVERSITY
WINGATE, NC · 2024
CAMPUS BUILDING RENOVATIONS; BOSTIC SCHOLARSHIP FUND; ANNUAL FUND; CAMPUS SAFETY
$932,500
ROWAN-CABARRUS YOUNG MEN'S CHRISTIAN ASSOCIATION
SALISBURY, NC · 2024
NEW HARRISBURG YMCA (CAPITAL PROJECT); KANNAPOLIS BRANCH POOL RENOVATIONS
$560,000
APPALACHIAN REGIONAL HEALTHCARE SYSTEM INC
BOONE, NC · 2024
HURRICANE HELENE DISASTER RELIEF; RADIATION ONCOLOGY NEW LINEAR ACCELERATOR
$550,000
ROWAN-CABARRUS COMMUNITY COLLEGE FOUNDATION INC
SALISBURY, NC · 2024
ASEPTIC EDUCATIONAL SUITE
$485,993

Showing up to 5 of 685 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

REQUIRED 40% DISTRIBUTION
$18,167,172 3 grants
GENERAL SUPPORT
$16,240,611 19 grants
REQUIRED 40% DISTRIBUTION - ATRIUM CABARRUS
$6,233,802 1 grant
UNRESTRICTED SUPPORT
$2,300,000 28 grants
FAITH COMMUNITY NURSE
$1,018,000 12 grants

Financial Trends

Year Revenue Expenses Assets
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
2021 $5.1M $15.1M $139.7M

Between 2021 and 2025, reported annual revenue grew from $5.1M to $18.2M (+260%), with total assets most recently reported at $138.4M.

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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