The Cannon Foundation, Inc., established in 1943, focuses on capital equipment and needs within North Carolina. The foundation supports healthcare, including non-profit hospitals, hospices, and clinics; higher education through assistance to colleges and libraries; and human services for those facing violence or poverty. Community grants cover capital projects for veterans, arts, and preservation services. A notable aspect is the provision of grants covering up to 75% of the cost for critical service delivery vehicles, with conditions on operational budgeting for ongoing expenses.