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The Cannon Foundation, Inc.

Profile

Last Updated: 2016-07-14

At A Glance

The Cannon Foundation, Inc.

P.O. Box 548

Concord, NC United States 28026-0548

Telephone: (704) 786-8216

URL: www.cannonfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-09-30)

Assets: $202,411,526

Total giving: $9,371,008

EIN

566042532

BRIDGE Number

0794705234

Additional Contact Information

Application address: P.O. Box 548, Concord NC 28026-0548

Background

Incorporated in 1943 in NC - Mr. Cannon, who died in 1971, was chairman of the board of directors of Cannon Mills Company. An active philanthropist, Mr. Cannon was generous to medical and educational causes, particularly the Cabarrus Memorial Hospital, which he founded

Purpose and Activities

Support for hospitals, secondary and higher education, and cultural programs; grants also for Protestant church support, and social service and youth agencies.

Fields of Interest

Subjects
  • Arts and culture
  • Child welfare
  • Higher education
  • Hospital care
  • Human services
  • Protestantism
  • Secondary education
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2015-09-30

Assets: $202,411,526 (market value)

Expenditures: $11,576,963

Total giving: $9,371,008

Qualifying distributions: $10,162,675