Program areas at David Belk Cannon Foundation
Distributions to Davidson College, which is approved for distributions by the Community Foundation of Gaston County (the supported organization) and falls within its charitable purposes.
The Foundation's gift to the Dream Center will assist them in carrying out the mission of the Organization which is to support low-income and underserved individuals and families by providing programs that enable them to move toward self-sufficiency.
Distributions to the "Campaign for Hope" of the Presbytery of Western North Carolina. The campaign goal of $2.25 million dollars will go towards building new churches and small hospitals in Guatemala and Malawi Africa. Additional monies are going towards Camp Grier in the North Carolina mountains for capital needs and a portion of the dollars will go towards vital Church Ministries within the Presbytery.
Contributions to numerous other charitable organizations in The gastonia area that directly benefit gaston county and effectively, The community Foundation.
Grants made by David Belk Cannon Foundation
Personnel at David Belk Cannon Foundation
| Name | Title | Compensation | Date of data |
|---|
| Eugene R Matthews | Chair and Chief Executive Officer | $146,000 | 2024-11-14 |
| Tamara Burrell | Executive Director | $120,308 | 2023-12-31 |
| Betty C Matthews | Vice Chairman | $11,000 | 2015-12-31 |
Financials for David Belk Cannon Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Investment income and dividends | $2,656,823 | $1,626,666 | 63.3% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $934,859 | $-340,966 | 374.2% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,591,682 | $1,285,700 | 179.4% |
Organizations like David Belk Cannon Foundation
| Organization | Type | Location | Revenue |
|---|
| Curtis Finlay Foundation | 501(c)(3) | Brewton, AL | $1,089,541 |
| Kramer Family Foundation | 501(c)(3) | Detroit, MI | $1,469,321 |
| W D Kelley Foundation | 501(c)(3) | Georgetown, TX | $1,454,023 |
| Bertha Russ Lytel Foundation | 501(c)(3) | Ferndale, CA | $992,586 |
| The Selma J Hartke Community Foundation | 501(c)(3) | Milwaukee, WI | $1,272,175 |
| Companion Foundation | 501(c)(3) | Charleston, SC | $5,916,273 |
| Mary Louise Dobson Foundation | 501(c)(3) | Wharton, TX | $1,209,858 |
| Miner Charitable Foundation | 501(c)(3) | Watseka, IL | $2,977,305 |
| Edward and Helen Bartlett Foundation | 501(c)(3) | Tulsa, OK | $2,249,166 |
| Hawn Foundation | 501(c)(3) | Dallas, TX | $2,760,358 |
Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
July 30, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2022
Posted financials
Added Form 990PF for fiscal year 2020
July 7, 2022
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 208 Burtonwood Dr
- Gastonia, NC 28054
- Metro area
- Charlotte-Concord-Gastonia, NC-SC
- County
- Gaston County, NC
- Phone
- (704) 854-6006
IRS details
- EIN
- 27-0004751
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2002
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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