The Cannon Foundation Inc.
Fiscal year ending 2025. Filed on December 15, 2025.
PO Box 548
Floor
Concord, North Carolina 28026
The Cannon Foundation Inc. (EIN: 56-6042532) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2025 IRS Form 990 filing, The Cannon Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 13 employees. Among the employees shown here, the average compensation is $55,231. The highest compensated employee at The Cannon Foundation Inc. is Suzanne Philemon with fiscal year 2025 compensation of $289,814.
Revenue, expenses, and employee compensation
Revenue
$24,800,113
Expenses
$16,429,893
Employee compensation
—
Reported Compensated Employees
＋9.8%vs 2024
Suzanne Philemon
Executive Director
$289,814
$260,000 from orgNo related comp$29,814 other
＋100%vs 2024
Eugene W Cochrane Jr
Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
Brittian L Leatherman
Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
William M Connolly
Treasurer and Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
William C Cannon Jr
President and Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
Janet Ward Black
Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
George W Liles Jr
Secretary and Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
Edward K Prewitt Jr
Vice President and Director
$30,000
$30,000 from orgNo related compNo other comp
＋100%vs 2024
Winslow H Galloway
Director
$30,000
$30,000 from orgNo related compNo other comp
New in 2025
Elizabeth L Quick
Director
$22,500
$22,500 from orgNo related compNo other comp
Dan L Gray
Non-Voting Director Emeritus
$0
Thomas M Grady
Non-Voting Director Emeritus
$0
Other organizations also named The Cannon Foundation
Revisions to this organization profile
December 15, 2025:
2025 The Cannon Foundation Inc. 990 filed
January 27, 2025:
2024 The Cannon Foundation Inc. 990 filed
January 22, 2024:
2023 The Cannon Foundation Inc. 990 filed
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