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Cnb Foundation is a private corporation based in HILLSDALE, MI. The foundation received its IRS ruling in 2021. The principal officer is Christopher Phillips. It holds total assets of $879K. Annual income is reported at $62K. Total assets have grown from $285K in 2020 to $930K in 2023. The foundation is governed by 6 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 2020 to 2023. Grantmaking is concentrated in Michigan. According to available records, Cnb Foundation has made 19 grants totaling $110K, with a median grant of $5K. Annual giving has grown from $33K in 2021 to $41K in 2023. Individual grants have ranged from $500 to $13K, with an average award of $6K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Michigan and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$7K
Largest Grant
$10K
Based on 5 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.
Cnb Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in MI, VA.
Cnb Foundation has distributed a total of $110K across 19 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $13K.
Cnb Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cnb Foundation is headquartered in HILLSDALE, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amber Yoder | SECRETARY | $0 | $0 | N/A |
| Erik Lawson | TREASURER | $0 | $0 | N/A |
| Chris Clarke | DIRECTOR | $0 | $0 | N/A |
| Judy Gabriele | DIRECTOR | $0 | $0 | N/A |
| Mary Murray | DIRECTOR | $0 | $0 | N/A |
| Christopher Phillips | PRESIDENT | $0 | $0 | N/A |
Total Giving
$44K
Total Assets
$930K
Fair Market Value
$953K
Net Worth
$930K
Grants Paid
$41K
Contributions
$100K
Net Investment Income
$26K
Distribution Amount
$45K
Total: N/A
Total Grants
19
Total Giving
$110K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hudson FoundationGENERAL SUPPORT | Hudson, MI | $2K | 2023 |
| Salvation ArmyGENERAL SUPPORT | Alexandria, VA | $500 | 2022 |
| Soar Cafe And FarmsGENERAL SUPPORT | Jackson, MI | $10K | 2023 |
| Northwest Community SchoolsGENERAL SUPPORT | Jackson, MI | $10K | 2023 |
| Lenawee Community FoundationGENERAL SUPPORT | Tecumseh, MI | $8K | 2023 |
| United Way Of South Central MichiganGENERAL SUPPORT | Kalamazoo, MI | $5K | 2023 |
| Pittsford Area SchoolsGENERAL SUPPORT | Pittsford, MI | $3K | 2023 |
| Hope NetworkGENERAL SUPPORT | Grand Rapids, MI | $3K | 2023 |
| Junior Achievement Of The Michigan EdgeGENERAL SUPPORT | Jackson, MI | $5K | 2022 |
| Jackson High SchoolGENERAL SUPPORT | Jackson, MI | $4K | 2022 |
| The Hillsdale County Agriculture SocietyGENERAL SUPPORT | Hillsdale, MI | $3K | 2022 |
| Hillsdale Community SchoolsGENERAL SUPPORT | Hillsdale, MI | $2K | 2022 |
| Jackson Optimist Charitable Fund IncGENERAL SUPPORT | Jackson, MI | $10K | 2021 |
| Sand Creek Community SchoolsGENERAL SUPPORT | Sand Creek, MI | $3K | 2021 |