Charles A Cannon Charitable Trust No 3
Preselected recipients only
Charles A Cannon Charitable Trust No 3 is a private foundation in Concord, North Carolina. In tax year 2025 it gave $1.5 million in 4 grants; the typical grant was $445,332 and the largest $593,111. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$1.5 million
- Number of grants4
- Typical grant$445,332
- Largest grant$593,111
- Assets$31.6 million
- New grantees0%
Giving in 2025 was up from $1.4 million the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2021 | $935,480 | 5 | $28.7 million |
| 2023 | $1.1 million | 5 | $26.8 million |
| 2024 | $1.4 million | 5 | $29.8 million |
| 2025 | $1.5 million | 4 | $31.6 million |
How to apply
Charles A Cannon Charitable Trust No 3 says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Charles A Cannon Charitable Trust No 3 funds
Where it gives
All of its grants went to recipients in North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 4 | $1.7 million |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University | Required 40% distribution | $593,111 |
| Lees-McRae College | Renovation and critical maintenance priority | $540,665 |
| Queens University of Charlotte | Mariam cannon hayes educational endowment | $350,000 |
| Davidson College | Summer research community/high impact experiences | $249,000 |
Officers and trustees
- William C Cannon Jr
- Edwin S Outen
- Joseph C Hunter
- Britt Leatherman
- Pinnacle Financial Partners
Questions people ask
Does Charles A Cannon Charitable Trust No 3 accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Charles A Cannon Charitable Trust No 3 give?
$1.5 million in tax year 2025, across 4 grants, with a typical grant of $445,332.
Who runs Charles A Cannon Charitable Trust No 3?
Its 2025 filing lists William C Cannon Jr (Trustee, President), Edwin S Outen (Trustee, Vice-President), Joseph C Hunter (Trustee, Secretary) and Britt Leatherman (Trustee) among 5 officers and trustees.
What does Charles A Cannon Charitable Trust No 3 fund?
Based on its grants, mainly education.