funder logo

THE CANNON FOUNDATION INC

THE CANNON FOUNDATION INC

Concord, NC, US
501(c)3
EIN
56-6042532
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE CANNON FOUNDATION INC

Concord, NC, US
501(c)3
EIN
56-6042532
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2025 (Year End)

$351,719,598

Investments
97%
Cash & Equivalents
2%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)

$2,893,021

Other Liabilities
68%
Grants Payable
25%
Payables & Accruals
7%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2024
2025
Change
Cash & Equivalents
$2,710,977
$6,571,674
+142%
Receivables (Non-Related)
$104,715
$160,835
+54%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$41,394
$60,546
+46%
Investments
$324,349,230
$342,762,277
+6%
Property, Plant, & Equipment (net)
$1,823,011
$1,740,621
-5%
Other Assets
$417,215
$423,645
+2%
Total Assets
$329,446,542
$351,719,598
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$165,533
$193,739
+17%
Grants Payable
$1,913,333
$726,666
-62%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,756,760
$1,972,616
+12%
Total Liabilities
$3,835,626
$2,893,021
-25%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$325,610,916
$348,826,577
+7%
Net assets
2024
2025
Change
Net assets
+$325,610,916
+$348,826,577
+7%
Balance Sheet
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