Cb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $244K in total assets. In 2024, it awarded 9 grants totaling $320K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$244K
-56.2% YoY
Annual Giving
$320K
+20.0% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$36K
+60.0% YoY
About Cb Foundation Inc
Based on IRS filings
Cb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $244K in total assets. In 2024, it awarded 9 grants totaling $320K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $243,535 | $555,912 | $810,051 |
| Revenue | $8,687 | $23,322 | $1,450 |
| Expenses | $321,064 | $277,461 | $218,473 |
| Qualifying Distributions | $319,825 | $266,500 | $217,500 |
| Net Investment Income | $7,620 | $12,361 | — |
| Distributable Amount | $20,405 | $32,918 | $43,377 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS W COLBERT | CHAIRMAN | 1 | — |
| FREDDIE J BAGLEY | PRESIDENT | 1 | — |
| WILLIAM C LEHR | SEC/TREAS | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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