Charles A Cannon Trust No 1
PO BOX 548 - CONCORD - NC 28026, North Carolina
Latest Filing: 2024
Total Assets: $139.22M
Total Giving: $17.39M
Grants: 123
Median Grant: $50,000
CHARLES A CANNON TRUST NO 1, a major 990pf foundation in North Carolina, provides grants ranging from $4K to $7M annually.
2024 Summary
$139.22M
Total Assets
$17.39M
Funding Awarded
123
Grants Given
$50,000
Median Grant
$6.81M
Largest Grant
$3,500
Smallest Grant
2024 Recipients
| Recipient | Award | Location | Purpose |
|---|---|---|---|
| Carolinas Medical Center Northeast | $6.81M | Concord, NORTH CAROLINA | Required 40% Distribution |
| Carolinas Medical Center Northeast | $516,611 | Concord, NORTH CAROLINA | Faith Community Nurses |
| Mayland Community College Foundation | $500,000 | Spruce Pine, NORTH CAROLINA | Three Peaks South Entry Project |
| Wingate University | $500,000 | Wingate, NORTH CAROLINA | Undergraduate Science Facility |
| Barton College | $300,000 | Wilson, NORTH CAROLINA | New Hvac Unit In The Kennedy Recreation And Intramural Center (Kric) |
| Boys And Girls Club Of Cabarrus County Inc | $300,000 | Concord, NORTH CAROLINA | 2022 23 Operating And Programming Shortfall |
| Boys And Girls Club Of Cabarrus County Inc | $300,000 | Concord, NORTH CAROLINA | Operational, Facility, Transportation Support 2022 2023 |
| Lees Mcrae College Incorporated | $300,000 | Banner Elk, NORTH CAROLINA | Upfit To Acquired Grandfather Home Campus |
| Lenoir Rhyne University | $300,000 | Hickory, NORTH CAROLINA | Hvac Replacement For Daniel Rhyne Building (Academic) |
| Livingstone College | $300,000 | Salisbury, NORTH CAROLINA | Campus Security System Enhancement |
| Pfeiffer University | $300,000 | Misenheimer, NORTH CAROLINA | Infrastructure Upgrades: Residence Halls (Plyler & Washington) |
| Wingate University | $300,000 | Wingate, NORTH CAROLINA | Cannon Residence Hall ($400 K) And Burris & Hayes Building Renovations ($350 K) |
| Appalachian Regional Healthcare System Inc | $250,000 | Boone, NORTH CAROLINA | Re Imagined Arhs Paul H. Broyhill Wellness Center |
| Brevard College Corporation | $250,000 | Brevard, NORTH CAROLINA | Residence Hall Rebuild/Renovation |
| Stanly Community College Foundation Inc | $250,000 | Albemarle, NORTH CAROLINA | Student Lab/Furnishings For New Scc Trades Facility |
| University Of Mount Olive Inc | $250,000 | Mount Olive, NORTH CAROLINA | Henderson Building Full Hvac Replacement |
| Public Health Authority Of Cabarrus County | $245,179 | Kannapolis, NORTH CAROLINA | Cabarrus Health Alliance Dental Equipment And Infrastructure |
| Hope Chapel | $201,500 | Concord, NORTH CAROLINA | Additional Support For Entrance, Sidewalks & Parking Lot Completion |
| Barton College | $200,000 | Wilson, NORTH CAROLINA | Residence Hall Elevator Replacement (Reimbursement) |
| Mayland Community College Foundation | $200,000 | Spruce Pine, NORTH CAROLINA | Hotel Completion And Childrens Discovery Center Beginning |
| ... and 3 more recipients. | |||
$13,055,764
$13,055,764
State
Total
-
NC
North Carolina
$13,055,764
Contacts
| Name | Phone | Title |
|---|---|---|
| JOSEPH C HUNTER | 7047868216 | TRUSTEE, SECRETARY |
| JOSEPH HUNTER | Signing Officer |
Historical Financials
| Year | Total Assets | Total Giving | Grants | Median Grant | Max Grant | Min Grant |
|---|---|---|---|---|---|---|
| 2024 | $139,220,382 | $17,391,064 | 123 | $50,000 | $6,814,474 | $3,500 |
| 2023 | $132,429,020 | $13,670,615 | 107 | $40,000 | $5,445,000 | $2,000 |
| 2021 | $139,674,440 | $12,896,756 | 82 | $40,000 | $5,142,388 | $2,000 |
| 2020 | $151,129,266 | $12,268,159 | 79 | $40,000 | $4,906,859 | $2,000 |