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Nonprofit · EIN 30-6756973

CANNON FAMILY CHARITABLE TRUST

Tax-exempt · RALEIGH, NC 27601

Financials

$581K$610K2023$1.8M$797K2024
Revenue Expenses · by fiscal year end
Financials of CANNON FAMILY CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$1,778,629$796,566$982,063$12,203,097$0$12,203,097
October 31, 2024990-PF$581,193$610,333-$29,140$11,204,048$0$11,204,048
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Dividends
$460,288
Interest
$21,889
Net gain from sales of assets
$1,296,452

Expenses

Grants and similar amounts paid
$474,058
Compensation of officers, directors and key employees
$135,669
Disbursements for charitable purposes
$592,906
Excise tax on investment income
$22,123

Balance sheet and other

Total assets, start of year
$11,204,048
Total assets, end of year
$12,203,097
Total liabilities, end of year
$0
Net assets, end of year
$12,203,097
Fair market value of assets
$19,362,354
Qualifying distributions
$592,906
Net investment income
$1,778,629

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Craig Cannon
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee5$45,223
Kathleen Cannon
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee4$45,223
Thomas Fields
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee2$45,223
Truist
434 Fayetteville Street, 4th Floor, Raleigh, NC 27601
Co-Trustee5$0
990-PF for the year ended October 31, 2024: 4 people
NameTitleHours / weekCompensation
Craig Cannon
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee5$43,155
Kathleen Cannon
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee4$43,155
Thomas Fields
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601
Co-Trustee2$43,155
Truist
434 Fayetteville Street, 4th Floor, Raleigh, NC 27601
Co-Trustee5$0

Address and contacts

Address (IRS master file)
434 FAYETTEVILLE STREET 4TH FLOOR, RALEIGH, NC 27601-1701
In care of
% TRUIST BANK TTEE
Signed the 990-PF
Craig Cannon, Co-Trustee
Phone
(910) 832-9254
Return prepared by
Forvis Mazars LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file
2022October 31, 2023March 15, 2024Check at the IRS

IRS record

EIN
30-6756973
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2025
Accounting year ends
October
Files
Form 990-PF
Assets (IRS master file)
$12,203,097
Income (IRS master file)
$5,828,933

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$1,778,629$796,566$12,203,097XML
990-PFOctober 2024$581,193$610,333$11,204,048XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-6756973).

Questions about CANNON FAMILY CHARITABLE TRUST

What is the EIN of CANNON FAMILY CHARITABLE TRUST?
The employer identification number (EIN) of CANNON FAMILY CHARITABLE TRUST is 30-6756973.
Is CANNON FAMILY CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to CANNON FAMILY CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CANNON FAMILY CHARITABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of CANNON FAMILY CHARITABLE TRUST due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CANNON FAMILY CHARITABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of CANNON FAMILY CHARITABLE TRUST?
The 990-PF for the year ended October 31, 2025 lists 4 people; 3 received compensation from the organization, the highest $45,223 (Craig Cannon, Co-Trustee).
How much revenue does CANNON FAMILY CHARITABLE TRUST have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $1,778,629, expenses of $796,566 and total assets of $12,203,097 at year end.

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