Cb Foundation Inc

MOBILE, AL EIN: 82-2853726

Cb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $42.2M in total assets. In 2024, it awarded 6 grants totaling $411K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$42.2M

+10.8% YoY

Annual Giving

$411K

-84.6% YoY

Grant Count

6

-64.7% YoY

Avg Grant Size

$69K

-56.3% YoY

About Cb Foundation Inc

Based on IRS filings

Cb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $42.2M in total assets. In 2024, it awarded 6 grants totaling $411K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlbequerqueAlpharettaApopkaAtlantaBirminghamCodyEast CaledoniaFairhopeGrand BayJacksonMiamiMobileMontroseOrrvillePagosa SpringsPendletonReddingSan DiegoSatsumaTrussville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2021202220232024
Metric202420232022
Total Assets$42,208,176$38,107,624$623,488
Revenue$5,088,953$18,460,458$1,275,153
Expenses$988,401$2,928,168$662,910
Qualifying Distributions$411,100$2,664,385$662,100
Net Investment Income$7,953$9,458$53
Distributable Amount$6,802

Giving Over Time

Total grant dollars and number of grants per year

$0$666K$1M$2M$3M7 grants202110 grants202217 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

PSMC FOUNDATION$250KNATHAN & RACHEAL MORRIS$100KVARIOUS OTHER SMALL GRANTS$31KFATHERS JOY$20KBLUE MISSIONS GROUP$5KBRO WES HALL$5K

Grant Size Distribution

40 grants across all recorded years

23<$50K1$50–100K13$100–250K2$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRUCE R WAGNER SRBOARD MEMBER1
CATHY WAGNERBOARD MEMBER1
MELISSA REYNOLDS FORMERBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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