Executive compensation
Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina.
| Position | Total |
|---|---|
Trustee, President Board Member Median to 75th percentile | $18k $19k |
Trustee, Vice-president Board Member Median to 75th percentile | $18k $19k |
Trustee, Secretary Board Member Median to 75th percentile | $18k $19k |
Trustee Board Member Median to 75th percentile | $18k $19k |
Trustee Board Member Median to 75th percentile | $15k $16k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at CHARLES A CANNON CHARITABLE TRUST NO 3 equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$1.1M
Itemized grants
5
Median grant
$220k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| DUKE UNIVERSITY | DURHAM, NC | REQUIRED 40% DISTRIBUTION | $441k |
| CONVERSE UNIVERSITY | SPARTANBURG, SC | HEALTH AND SAFETY IMPROVEMENTS | $300k |
| DAVIDSON COLLEGE | DAVIDSON, NC | SUMMER RESEARCH COMMUNITY/HIGH IMPACT EXPERIENCES | $220k |
| QUEENS UNIVERSITY OF CHARLOTTE | CHARLOTTE, NC | MARIAM CANNON HAYES EDUCATIONAL ENDOWMENT | $100k |
| LEES-MCRAE COLLEGE | BANNER ELK, NC | RENOVATION AND CRITICAL MAINTENANCE PRIORITY | $40k |
Fell 65%
over 3 years
From $52k in 2021 to $18k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay fell 65% from 2021 to 2024, while revenue rose 240%.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about CHARLES A CANNON CHARITABLE TRUST NO 3
What does the Board Member of CHARLES A CANNON CHARITABLE TRUST NO 3 earn?
In 2024, the Board Member of CHARLES A CANNON CHARITABLE TRUST NO 3 received $18,034 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at CHARLES A CANNON CHARITABLE TRUST NO 3 compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Board Member at CHARLES A CANNON CHARITABLE TRUST NO 3 falls between the median and the 75th percentile. In 2024, the highest total compensation at CHARLES A CANNON CHARITABLE TRUST NO 3 equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are CHARLES A CANNON CHARITABLE TRUST NO 3's revenue and expenses?
In 2024, CHARLES A CANNON CHARITABLE TRUST NO 3 reported $1.8M in total revenue and $1.6M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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