C & N Foundation
C & N Foundation is a private foundation based in Southfield, Michigan, established in 1988. The foundation operates as a 501(c)(3) charitable organization with no employees and focuses on grantmaking activities.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.6M
+2.4% YoY
Annual Giving
$300K
-4.8% YoY
Grant Count
36
+0.0% YoY
Avg Grant Size
$8K
-4.8% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
Grantmaking
Grant Range
$1,000–$100,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Michigan
- Wyoming
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $5,579,141 (as of FYE 05/2025)
Revenue (FYE 05/2025):
- Total revenues: $457,298
- Investment income and dividends: $214,922
- Net gain from sale of non-inventory assets: $242,376
Expenses (FYE 05/2025):
- Total expenses: $324,245
Revenue Comparison:
- FYE 05/2024 total revenues: $232,254
- Year-over-year growth: 96.9%
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,579,141 | $5,446,088 | $5,554,906 |
| Revenue | $457,298 | $232,254 | $205,885 |
| Expenses | $324,245 | $341,072 | $292,078 |
| Qualifying Distributions | $300,000 | $315,000 | $271,721 |
| Net Investment Income | $433,053 | $249,449 | $253,253 |
| Distributable Amount | $272,885 | $301,200 | $292,390 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
152 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members:
- Carole S Hofley — President-Treasurer
- Eric L Hofley — Vice President-Secretary
- Jonathon A Hofley — Assistant Treasurer
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLE S HOFLEY | PRESIDENT- TREASURER | — | — |
| ERIC L HOFLEY | VICE PRESIDENT- SECRETARY | 1 | — |
| JONATHON A HOFLEY | ASSISTANT TREASURER | 1 | — |
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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