funder logo

The David Belk Cannon Foundation

The David Belk Cannon Foundation

Gastonia, NC, US
501(c)3
EIN
27-0004751
Private Foundation
Regional Funder
funder logo

The David Belk Cannon Foundation

Gastonia, NC, US
501(c)3
EIN
27-0004751
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,374,309

Other
66%
Investments
34%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$10,050,872

Grants
91%
Fees to Service Providers
4%
Salaries & Benefits
3%
Other
1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,656,823
$2,813,362
+6%
Other
$934,859
$5,560,947
+495%
Total Revenues
$3,591,682
$8,374,309
+133%
Expenses
2023
2024
Change
Grants
$3,290,371
$9,178,600
+179%
Benefits to Members
$0
$0
-
Salaries & Benefits
$332,308
$351,598
+6%
Fees to Service Providers
$425,586
$361,651
-15%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$10,528
$14,334
+36%
Interest
$0
$0
-
Depreciation
$31,393
$31,484
+0%
Other
$58,021
$113,205
+95%
Total Expenses
$4,148,207
$10,050,872
+142%
Net income
2023
2024
Change
Net income
-$556,525
-$1,676,563
-201%
Income Statement
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