Charles a Cannon Charitable Trust No 3

CONCORD, NC EIN: 58-1360259

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$29.8M

+10.9% YoY

Annual Giving

$1.1M

-2.5% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$220K

-2.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$507K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$29,760,312$26,841,211$22,987,830
Revenue$1,778,798$1,845,383$1,199,797
Expenses$1,575,244$1,394,057$1,372,609
Qualifying Distributions$1,215,612$1,237,148$1,275,361
Net Investment Income$1,669,166$1,746,517$1,131,722
Distributable Amount$1,408,481$1,210,096$1,222,185

Giving Over Time

Total grant dollars and number of grants per year

$0$295K$591K$886K$1M5 grants20205 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

DUKE UNIVERSITY$441KCONVERSE UNIVERSITY$300KDAVIDSON COLLEGE$220KQUEENS UNIVERSITY OF CHA…$100KLEES-MCRAE COLLEGE$40K

Grant Size Distribution

25 grants across all recorded years

1<$50K2$50–100K14$100–250K8$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Charles a Cannon Charitable Trust No 3 fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WILLIAM C CANNON JRTRUSTEE, PRESIDENT$18KEDWIN S OUTENTRUSTEE, VICE-PRESIDENT$18KJOSEPH C HUNTERTRUSTEE, SECRETARY$18KBRITT LEATHERMANTRUSTEE$18KPINNACLE FINANCIAL P…TRUSTEE$15K

From 2024 filing

NameTitleHoursCompensation
WILLIAM C CANNON JRTRUSTEE, PRESIDENT3$18,034
EDWIN S OUTENTRUSTEE, VICE-PRESIDENT3$18,034
JOSEPH C HUNTERTRUSTEE, SECRETARY3$18,034
BRITT LEATHERMANTRUSTEE1$18,033
PINNACLE FINANCIAL PARTNERSTRUSTEE1$14,780

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

Banner ElkCharlotteColumbiaDavidsonDurhamSpartanburg

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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