Skip to main content

Nonprofit · EIN 58-1360259

CHARLES A CANNON CHARITABLE TRUST NO 3

Tax-exempt · CONCORD, NC 28026

Financials

$523K$1.1M2021$1.8M$1.4M2023$1.8M$1.6M2024$2.5M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of CHARLES A CANNON CHARITABLE TRUST NO 3 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,507,300$1,750,807$756,493$31,551,754$0$31,551,754
December 31, 2024990-PF$1,778,798$1,575,244$203,554$29,760,312$250,000$29,510,312
December 31, 2023990-PF$1,845,383$1,394,057$451,326$26,841,211$0$26,841,211
December 31, 2021990-PF$522,849$1,134,370-$611,521$28,730,954$0$28,730,954
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$420,003
Net gain from sales of assets
$2,087,297

Expenses

Grants and similar amounts paid
$1,482,776
Compensation of officers, directors and key employees
$93,095
Disbursements for charitable purposes
$1,852,336
Excise tax on investment income
$33,230

Balance sheet and other

Total assets, start of year
$29,760,312
Total assets, end of year
$31,551,754
Total liabilities, end of year
$0
Net assets, end of year
$31,551,754
Fair market value of assets
$31,551,754
Qualifying distributions
$1,852,336
Net investment income
$2,507,300

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM C CANNON JR
PO BOX 548, CONCORD, NC 28026
TRUSTEE, PRESIDENT3$22,031
EDWIN S OUTEN
PO BOX 548, CONCORD, NC 28026
TRUSTEE, VICE-PRESIDENT3$18,724
JOSEPH C HUNTER
PO BOX 548, CONCORD, NC 28026
TRUSTEE, SECRETARY3$18,724
BRITT LEATHERMAN
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$18,724
PINNACLE FINANCIAL PARTNERS
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$14,891
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
WILLIAM C CANNON JR
PO BOX 548, CONCORD, NC 28026
TRUSTEE, PRESIDENT3$18,034
EDWIN S OUTEN
PO BOX 548, CONCORD, NC 28026
TRUSTEE, VICE-PRESIDENT3$18,034
JOSEPH C HUNTER
PO BOX 548, CONCORD, NC 28026
TRUSTEE, SECRETARY3$18,034
BRITT LEATHERMAN
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$18,033
PINNACLE FINANCIAL PARTNERS
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$14,780
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILLIAM C CANNON JR
PO BOX 548, CONCORD, NC 28026
TRUSTEE, PRESIDENT3$16,731
EDWIN S OUTEN
PO BOX 548, CONCORD, NC 28026
TRUSTEE, VICE-PRESIDENT3$16,731
JOSEPH C HUNTER
PO BOX 548, CONCORD, NC 28026
TRUSTEE, SECRETARY3$16,731
BRITT LEATHERMAN
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$15,471
PINNACLE FINANCIAL PARTNERS
PO BOX 548, CONCORD, NC 28026
TRUSTEE1$14,798
990-PF for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
WELLS FARGO
PO BOX 548, CONCORD, NC 28026
TRUSTEE3$52,221
WILLIAM C CANNON JR
PO BOX 548, CONCORD, NC 28026
TRUSTEE, PRESIDENT3$16,541
EDWIN S OUTEN
PO BOX 548, CONCORD, NC 28026
TRUSTEE, VICE-PRESIDENT3$16,541
JOSEPH C HUNTER
PO BOX 548, CONCORD, NC 28026
TRUSTEE, SECRETARY3$16,541

Address and contacts

Address (IRS master file)
PO BOX 548, CONCORD, NC 28026-0548
Signed the 990-PF
WILLIAM C CANNON JR, TRUSTEE, PRESIDENT
Phone
(704) 786-8216
Return prepared by
MSTILLER LLC

What it must file and when

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-1360259
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
1979
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$31,551,754
Income (IRS master file)
$6,697,858

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,507,300$1,750,807$31,551,754XML
990-PFDecember 2024$1,778,798$1,575,244$29,760,312XML
990-PFDecember 2023$1,845,383$1,394,057$26,841,211XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$522,849$1,134,370$28,730,954XML
990-PFDecember 2020–––IRS

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 58-1360259).

Questions about CHARLES A CANNON CHARITABLE TRUST NO 3

What is the EIN of CHARLES A CANNON CHARITABLE TRUST NO 3?
The employer identification number (EIN) of CHARLES A CANNON CHARITABLE TRUST NO 3 is 58-1360259.
Is CHARLES A CANNON CHARITABLE TRUST NO 3 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to CHARLES A CANNON CHARITABLE TRUST NO 3 tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES A CANNON CHARITABLE TRUST NO 3 file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES A CANNON CHARITABLE TRUST NO 3 due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES A CANNON CHARITABLE TRUST NO 3 last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CHARLES A CANNON CHARITABLE TRUST NO 3?
The 990-PF for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $22,031 (WILLIAM C CANNON JR, TRUSTEE, PRESIDENT).
How much revenue does CHARLES A CANNON CHARITABLE TRUST NO 3 have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,507,300, expenses of $1,750,807 and total assets of $31,551,754 at year end.

Other nonprofits in CONCORD

All nonprofits in CONCORD · North Carolina · Philanthropy, voluntarism and grantmaking foundations