William Coltrane & Norma Craft Cannon

Organization Overview

William Coltrane & Norma Craft Cannon is located in High Point, NC. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Coltrane & Norma Craft Cannon is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, William Coltrane & Norma Craft Cannon generated $962.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $759.3k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, William Coltrane & Norma Craft Cannon has awarded 157 individual grants totaling $3,632,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Pinnacle Bank
Trustee
$0
William C Cannon Jr
Co-Trustee
$33,212

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,054
Dividends & Interest $148,538
Net Rental Income$0
Net Gain on Sale of Assets $812,524
Capital Gain Net Income $812,524
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $962,116

Grants Awarded

Over the last fiscal year, William Coltrane & Norma Craft Cannon has awarded $670,000 in support to 23 organizations.

Grant RecipientAmount

AUSTISM SOCIETY OF NORTH CAROLINA

PURPOSE: GENERAL OPERATING

$25,000

BOYS AND GIRLS CLUB OF CABARRUS COUNTY

PURPOSE: GENERAL OPERATING

$22,000

CABARRUS COUNTY MEALS ON WHEELS

PURPOSE: GENERAL OPERATING

$10,000

CANNON YMCA

PURPOSE: EDUCATION

$100,000

CENTRAL NORTH CAROLINA COUNCIL BOYS SCOUTS OF AMERICA

PURPOSE: GENERAL OPERATING

$22,000

CONCORD POLICE FOUNDATION

PURPOSE: GENERAL OPERATING

$20,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Arthur M Blank Family Foundation
Atlanta, GA
$105,332,175
John Bulow Campbell Foundation
Atlanta, GA
$49,261,799
Darla Moore And Richard Rainwater Foundation
Lake City, SC
$68,195,128
Poplar Foundation
Memphis, TN
-$14,934
The Rosser Foundation A Pure Charitable Trust And Public Charit
Newport News, VA
$29,777,822
C D Spangler Foundation Inc
Charlotte, NC
$39,402,450
John M Belk Endowment
Charlotte, NC
$11,349,973
Quantitative Foundation
Charlottesville, VA
$1,400,916
The Ezrah Charitable Trust
Charlotte, NC
$316,101,045
Ththe Grady Health Foundation Inc
Atlanta, GA
$23,438,249
Bolick Foundation
Conover, NC
$7,537,966
Manning Family Foundation
Charlottesville, VA
$5,624,625
Pyramid Peak Foundation
Memphis, TN
$983,586
Robert E And Jenny D Kirkland Found
Union City, TN
$10,828,232
The Haslam 3 Foundation Inc
Knoxville, TN
$12,489,767
Davis Love Iii Foundation
St Simons Island, GA
$12,009,621
Revada Foundation
Alexandria, VA
$3,258,811
Scarlett Family Foundation
Nashville, TN
$11,491,025
Speer Foundation
Brentwood, TN
$6,876,925
Bill And Crissy Haslam Foundation
Knoxville, TN
$10,642,071
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Argo Family Fund
Atlanta, GA
$16,759,071
Darnall W Boyd Foundation Inc
Columbia, SC
$8,499,212
Charles Koch Foundation Ii
Arlington, VA
$13,641

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