CB Foundation Inc
CB Foundation Inc is a private foundation, based in Mobile, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $46.7M in total assets. In 2025, it awarded 9 grants totaling $1.2M.
CB Foundation Inc at a glance
In short: CB Foundation Inc gave $1.2M across 9 grants in 2025 (avg $135K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,218,600
- +196.4% vs 2024
- Grants made (2025)
- 9
- +50.0% vs 2024
- Average grant
- $135,400
- +97.6% vs 2024
- Median grant
- $5,000
- Total assets
- $46,734,301
- +10.7% vs 2024
- Primary geography
- Florida (82% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who CB Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Shake the Nations ($1.0M). Together the top 9 received $1.2M.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 36 grants of 57 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How CB Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−17%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $27K (2021) to $2.7M (2023). In 2025 it made 9 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shake the Nations Apopka, FL | Benevolence | $1,000,000 |
| Shellie Rose Blood Nashville, AR | Benevolence | $184,100 |
| Genesis Burgos Flores Mobile, AL | Benevolence | $7,000 |
| Helping Hands Ministry Mobile, AL | Benevolence | $7,000 |
| Bro Wes Hall Satsuma, AL | Benevolence | $5,000 |
| Jason Coaker Saraland, AL | Benevolence | $5,000 |
| Rev D Woods Orrville, AL | Benevolence | $5,000 |
| Suzanne McKinney Fairhope, AL | Benevolence | $5,000 |
| Various Other Small Grants Mobile, AL | Benevolence | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $46,734,301 | $6,471,769 | $1,945,644 | $1,218,600 | 9 | $1,218,600 | — | $3,331 |
| 2024 | $42,208,176 | $5,088,953 | $988,401 | $411,100 | 6 | $411,100 | $7,953 | $6,802 |
| 2023 | $38,107,624 | $18,460,458 | $2,928,168 | $2,664,385 | 17 | $2,664,385 | $9,458 | — |
| 2022 | $22,575,334 | $24,037,908 | $1,473,819 | $1,472,879 | 18 | $1,472,879 | $368 | — |
| 2021 | $11,245 | $27,024 | $27,019 | $27,000 | 7 | — | $24 | — |
| 2019 | $513 | $21,502 | $63,973 | $59,141 | 5 | — | — | — |
Under IRS private-foundation payout rules, CB Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
CB Foundation Inc's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bruce R. Wagner Sr.
Board Member
Director → Board Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Cathy Wagner
Board Member
Director → Board Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Melissa Reynolds Former (2024) — Board Member
- Former: Melissa Reynolds (2019–2023) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about CB Foundation Inc
How much does CB Foundation Inc give each year?
CB Foundation Inc gave $1.2M across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $411K across 6 grants.
What is CB Foundation Inc's typical grant size?
CB Foundation Inc's median grant in 2025 was $5,000, and its average grant was $135,400, across 9 grants on its 2025 IRS Form 990-PF.
Where does CB Foundation Inc give grants?
CB Foundation Inc gives mostly in Florida: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Arkansas (15%). The most frequent recipient cities were Mobile, AL (3 grants).
Does CB Foundation Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on CB Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Benevolence" (9 grants).
Who are CB Foundation Inc's largest grantees?
CB Foundation Inc's largest 2025 grantees include Shake the Nations ($1,000,000), Shellie Rose Blood ($184,100) and Genesis Burgos Flores ($7,000), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is CB Foundation Inc?
CB Foundation Inc reported $46.7M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is CB Foundation Inc's EIN?
CB Foundation Inc's EIN (Employer Identification Number) is 82-2853726. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 20, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work CB Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in CB Foundation Inc's focus areas in our free grants database
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