501(c)(3) charity; gifts are tax-deductible.
$36K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $29K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$36K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
990-PF Pt VIII
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+19% vs prior year
Spent
$855K
Net assets
$4.8M
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$554K
FY2021$512K
FY2022$89K
FY2023$962K
FY2024$978K
FY2025$1.2M
Expenses
$855K
FY2025▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$581K
FY2021$566K
FY2022$719K
FY2023$759K
FY2024$945K
FY2025$855K
Net assets
$4.8M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.9M
FY2021$4.8M
FY2022$4.2M
FY2023$4.4M
FY2024$4.5M
FY2025$4.8M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 85% · $731K Operating & administrative 15% · $124K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990-PF; $36K paid to officers and key staff.

Part VII, Section A · reportable compensation
$36,267Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
William C Cannon JR$36,267$37,569

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See William Coltrane & Norma Craft Cannon executive salaries →

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Programs and updates

A private foundation based in High Point, NC.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 19 grants · $731K · 2025–2025
First Presbyterian ChurchFY2025$165,000
Individual RecipientFY2025$125,000
Cooperative Christian MinistryFY2025$120,000
Boys and Girls Club of Cabarrus CountyFY2025$30,000
Individual RecipientFY2025$25,000
Individual RecipientFY2025$25,000
Fellowship of Christian AthletesFY2025$25,000
CvanFY2025$25,000
Central North Carolina Council Boys Scouts of AmericaFY2025$25,000
Cannon SchoolFY2025$21,000
Greater Cabarrus FoundationFY2025$20,000
Heart Math Tutoring INCFY2025$20,000
Cabarrus County Meals on WheelsFY2025$20,000
Austism Society of North CarolinaFY2025$20,000
Augstine Literacy ProjectFY2025$20,000
Concord Bible Teaching Association Concord Operating BudgetFY2025$15,000
Air Safety FoundationFY2025$15,000
Rumple Memorial Presbyterian ChurchFY2025$10,000
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$38K
Median grantPart XV$21K
Largest grantPart XV$165K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$1.2M
Investment income$1.2M
Other income$226
Money out
$855K
Grants paid$731K
Running costs$124K
Owns and owes
$4.8M
net assets
Cash and savings$154K
Total assets$4.8M
Liabilities$0
People
2
listed
Paid1
2In more detail
Revenue in detail
Investment income$1.2M
Other income$226
Total revenue$1.2M
Assets in detailEnd of year
Cash and savings together$154K
Total assets$4.8M
Liabilities$0
Net assets$4.8M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.2M$855K$305K$4.8M 990 PDF
FY2024 $978K$945K$33K$4.5M 990 PDF
FY2023 $962K$759K$203K$4.4M 990 PDF
FY2022 $89K$719K−$630K$4.2M 990 PDF
FY2021 $512K$566K−$54K$4.8M 990 PDF
FY2020 $554K$581K−$27K$4.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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