Glenn Cannon Foundation Inc
- Assets
- $534.3k
- Revenue
- $17.2k
- Investments
- $497.2k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4990491
Organization Overview
Glenn Cannon Foundation Inc is located in Honolulu, HI. The organization was established in 2014. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenn Cannon Foundation Inc 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, Glenn Cannon Foundation Inc generated $17.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $50.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Glenn Cannon Foundation Inc has awarded 47 individual grants totaling $207,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Samsil Yun Cannon President | 0.5 | $0 | |
Brenda Ching Treasurer | 0.5 | $0 | |
Sam Yoon Fujii Director | 0.5 | $0 | |
Daryl Fujii Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $340 |
| Dividends & Interest | $15,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,172 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,220 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,413 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,016 |
| Contributions, gifts, grants paid | $37,750 |
| Total expenses and disbursements | $50,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,107 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $534,348 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Glenn Cannon Foundation Inc has awarded $37,750 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE ACTORS GROUP PURPOSE: GENERAL OPERATIONS | $2,500 |
MANOA VALLEY THEATRE PURPOSE: GENERAL OPERATIONS | $2,500 |
KUMU KAHUA THEATRE PURPOSE: GENERAL OPERATIONS | $2,500 |
KAILUA ONSTAGE ARTS PURPOSE: GENERAL OPERATIONS | $2,500 |
ALLIANCE FOR DRAMA EDUCATION PURPOSE: GENERAL OPERATIONS | $2,500 |
HAWAII LABOR HERITAGE COUNCIL PURPOSE: AH QUON MCELRATH PROJECT | $2,500 |