The Cannon Foundation
A strong emphasis is placed on funding healthcare, higher education, and community service based agencies. However, the foundation will also consider funding areas related to the arts, to culture, as well as historic preservation, religion and the environment.
Primary funds organizations that are based in North Carolina, but has a history of allocating funds to organizations based in Florida, Missouri, New York, Virginia, California, Georgia and South Carolina.
$9,521,441
$25,000-$250,000
120
All applicants must complete the Foundationl's application form.
All applicants must submit a proposal that includes information on the organization's history, as well as a description of the organization's program and type [as well as amount of] funds needed.
Applicants must classified under Sections 501 (c)(3) of the Internal Revenue Code; they must also be classified as a public charity. However, churches and governmental agencies are exempted from this rule.
The Foundation generally will provide funding for capital improvements, project support or special programs. However, the Foundation is not necessarily interested in funding operational support.
The Foundation heavily funds Cabarrus County [located in North Carolina], but will also consider funding in the great North Carolina area. Though preference is giving to the North Carolina area, they will consider other areas of the United States.
The Foundation will not fund individual grants.
The Foundation will not create grants for to endowment funds.
The Foundation will not allocate funding to pay off loans, nor will it allocate grants for fellowship, scholarship, or endowment purposes.
The Foundation will not make multiyear pledges; according to the Foundation's website "a minimum of one year is required between proposals from all applicants whether the request was approved or declined."
According to the Foundation's website, "frequent grants are not made to the same organization unless requests are substantially different from previous requests."
Start up funding for a project still in its infancy is not allocated by the Foundation.
Applicants must demonstrate that their organization can financially sustain themselves on a continual basis.
Jay M. Robinson High School Bible Teaching Association, North Carolina 2006: $5,000
Rumple Memorial Presbyterian Church, North Carolina 2005: $25,000
Kerry Street United Methodist Church, North Carolina 2004: $10,000
