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Cb Foundation Inc. is a private corporation based in MOBILE, AL. The foundation received its IRS ruling in 2019. It holds total assets of $42.2M. Annual income is reported at $5.1M. Total assets have grown from $513 in 2018 to $38.1M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Alabama and Florida. According to available records, Cb Foundation Inc. has made 67 grants totaling $5.7M, with a median grant of $25K. Annual giving has grown from $54K in 2021 to $2.7M in 2023. Grantmaking activity was highest in 2022 with $2.9M distributed across 36 grants. Individual grants have ranged from $1K to $1.3M, with an average award of $85K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in Georgia, Alabama, Florida, which account for 76% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$28K
Average Grant
$82K
Largest Grant
$400K
Based on 18 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cb Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in GA, AL, FL.
Cb Foundation Inc. has distributed a total of $5.7M across 67 grants. The median grant size is $25K, with an average of $85K. Individual grants have ranged from $1K to $1.3M.
Cb Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cb Foundation Inc. is headquartered in MOBILE, AL. While based in AL, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce R Wagner Sr | DIRECTOR | $0 | $0 | N/A |
| Melissa Reynolds | DIRECTOR | $0 | $0 | N/A |
| Cathy Wagner | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.9M
Total Assets
$38.1M
Fair Market Value
$38.2M
Net Worth
$38.1M
Grants Paid
$2.7M
Contributions
$18.5M
Net Investment Income
$9K
Distribution Amount
N/A
Total Grants
67
Total Giving
$5.7M
Average Grant
$85K
Median Grant
$25K
Unique Recipients
37
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Honor FoundationPROGRAM SUPPORT | San Diego, CA | $150K | 2023 |
| Fathers JoyPROGRAM SUPPORT | Mobile, AL | $13K | 2023 |
| Camp Grace IncPROGRAM SUPPORT | Mobile, AL | $25K | 2022 |
| Normal Christian Charitable FoundatPROGRAM SUPPORT | Alpharetta, GA | $1.3M | 2023 |
| Norm WintersPROGRAM SUPPORT | Pendleton, OR | $250K | 2023 |
| Saving Our Sons And SistersPROGRAM SUPPORT | Atlanta, GA | $200K | 2023 |
| Miscellaneous Program SupportPROGRAM SUPPORT | Mobile, AL | $182K | 2023 |
| Shake The NationsPROGRAM SUPPORT | Apopka, FL | $125K | 2023 |
| Pastor Nathan Paul MorrisPROGRAM SUPPORT | Apopka, FL | $100K | 2023 |
| Wings Of LifePROGRAM SUPPORT | Mobile, AL | $100K | 2023 |
| 1819 News LlcPROGRAM SUPPORT | Birmingham, AL | $100K | 2023 |
| Christ Anglican ChurchPROGRAM SUPPORT | Mobile, AL | $50K | 2023 |
| Sunnie Leigh Floral Designs LlcPROGRAM SUPPORT | Trussville, AL | $43K | 2023 |
| Center For Security Policy IncPROGRAM SUPPORT | Washington, DC | $25K | 2023 |
| Britt HancockPROGRAM SUPPORT | Cody, WY | $15K | 2023 |
| Brian SpilmanPROGRAM SUPPORT | Albequerque, NM | $5K | 2023 |
| Keaton SmythPROGRAM SUPPORT | Pagosa Springs, CO | $5K | 2023 |
| Reverend D WoodsPROGRAM SUPPORT | Orrville, AL | $1K | 2023 |
| All Other Small DonationsBENEVOLENCE | Mobile, AL | $211K | 2022 |
| Ken BickerstaffMISSIONS SUPPORT | Grand Bay, AL | $118K | 2022 |
| Doulos PartnersPROGRAM SUPPORT | Birmingham, AL | $100K | 2022 |
| Nathan Racheal MorrisMISSIONS SUPPORT | Apopka, FL | $100K | 2022 |
| Sean Feucht MinistriesPROGRAM SUPPORT | Redding, CA | $100K | 2022 |
| Tiffany TheriotMISSIONS SUPPORT | Jackson, LA | $39K | 2022 |
| Triumphant Mercy MinistriesBENEVOLENCE | Mobile, AL | $30K | 2022 |
| Doug BennettMISSIONS SUPPORT | Harrison, ID | $25K | 2022 |
| Young LifePROGRAM SUPPORT | Montrose, AL | $25K | 2022 |
| Rochelle DykesPROGRAM SUPPORT | Mobile, AL | $20K | 2022 |
| Alabama Prolife Coalition EducationBENEVOLENCE | Birmingham, AL | $15K | 2022 |
| Susan MckinneyBENEVOLENCE | Fairhope, AL | $5K | 2022 |
| Medreach IncPROGRAM SUPPORT | Mobile, AL | $4K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL