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 12/2021, William Coltrane & Norma Craft Cannon generated $511.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $565.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, William Coltrane & Norma Craft Cannon has awarded 111 individual grants totaling $2,362,500. 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.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
William C Cannon Jr
Co-Trustee
$35,290
Wells Fargo
Trustee
$19,005
Pinnacle Bank
Trustee
$4,529

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $11
Dividends & Interest $140,711
Net Rental Income$0
Net Gain on Sale of Assets $371,167
Capital Gain Net Income $371,167
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $511,889

Grants Awarded

Over the last fiscal year, William Coltrane & Norma Craft Cannon has awarded $462,500 in support to 19 organizations.

Grant RecipientAmount

FIRST PRESBYTERIAN CHURCH

PURPOSE: SUPPORT

$75,000

ROWAN-CABARRUS YMCA

PURPOSE: GENERAL OPERATING

$50,000

THE SALVATION ARMY

PURPOSE: GENERAL OPERATING

$50,000

CANNON SCHOOL INC

Org PageRecipient Profile

Concord, NC

PURPOSE: EDUCATION

$50,000

APPALACHIAN REGIONAL HEALTHCARE FOUNDATION

Org PageRecipient Profile

Boone, NC

PURPOSE: GENERAL OPERATING

$25,000

CONCORD FIRST ASSEMBLY CHURCH

PURPOSE: GENERAL OPERATING

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that William Coltrane & Norma Craft Cannon has recieved totaling $0.

Awarding OrganizationAmount
Appalachian Regional Healthcare Foundation

Boone, NC

PURPOSE: OPERATIONAL SUPPORT

$0
View Grant Recipient Profile

Create an account to unlock the data you need.

or