The Cannon Foundation began in 1943, much as a corporate foundation, with giving focused on communities where Cannon Mills plants were located.
The primary focus areas of the foundation are:
* Higher Education
* Human Services.
The primary focus areas receive about 90% of the foundation's funding. Other more limited areas of interest for the foundation include the following:
* Historic Preservation
Grants are typically made for capital improvements, project support, or special programs. The foundation does not typically support organizational support projects.
Applications may be submitted at any time.