Cbc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NOVELTY, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $820K in total assets. In 2024, it awarded 30 grants totaling $48K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$820K
-6.3% YoY
Annual Giving
$48K
-7.7% YoY
Grant Count
30
-6.3% YoY
Avg Grant Size
$2K
-1.5% YoY
Under IRS private-foundation payout rules, Cbc Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Cbc Foundation
Based on IRS filings
Cbc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NOVELTY, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $820K in total assets. In 2024, it awarded 30 grants totaling $48K. Net investment income was $12K.
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 | $819,508 | $874,743 | $930,691 |
| Revenue | $3,066 | $5,929 | $23,595 |
| Expenses | $58,301 | $61,877 | $70,578 |
| Qualifying Distributions | $48,000 | $52,000 | $60,000 |
| Net Investment Income | $12,248 | $15,678 | $13,967 |
| Distributable Amount | $48,226 | $43,968 | $46,047 |
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 2024
Grant Size Distribution
156 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vida Verde ($5,000), Pelotonia ($4,500), Southern Poverty Law Center ($4,250).
| Recipient | Purpose | Amount |
|---|---|---|
| ALAMEDA CO COMMUNITY FOODBANK OAKLAND, CA | ANNUAL SUPPORT | $4,000 |
| ANIMAL ASSISTED THERAPY PROGRAMS ARVADA, CO | ANNUAL SUPPORT | $1,000 |
| ANIMAL RESCUE OF THE ROCKIES AURORA, CO | ANNUAL SUPPORT | $1,000 |
| CHILDREN'S TREEHOUSE FOUNDATION LAKEWOOD, CO | ANNUAL SUPPORT | $1,000 |
| COLIN BOLAN MEMORIAL FUND CHARDON, OH | ANNUAL SUPPORT | $1,500 |
| COLORADO OPEN LANDS LAKEWOOD, CO | ANNUAL SUPPORT | $1,000 |
| COLORADO PUBLIC RADIO CENTENNIAL, CO | ANNUAL SUPPORT | $500 |
| COLORADO SCHOOL OF MINES GOLDEN, CO | ANNUAL SUPPORT | $3,000 |
| DENVER ACADEMY DENVER, CO | ANNUAL SUPPORT | $3,000 |
| DENVER CHRISTIAN SCHOOL LAKEWOOD, CO | ANNUAL SUPPORT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERTA W LAPS | TREASURER / SECRETARY | 2 | — |
| MARTHA S SHERWIN | PRESIDENT | 1 | — |
| MICHAEL J SHERWIN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cbc Foundation?
Cbc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NOVELTY, OH. It holds $820K in total assets as of 2024.
How large is Cbc Foundation?
As of 2024, Cbc Foundation holds $820K in total assets with $3K in annual revenue. It awarded 30 grants totaling $48K in 2024.
Where does Cbc Foundation operate?
Cbc Foundation has awarded grants in Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Maryland, Ohio, Texas, Virginia.
What size grants does Cbc Foundation award?
In 2024, Cbc Foundation awarded 30 grants totaling $48K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Cbc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cbc Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cbc Foundation's EIN?
Cbc Foundation's EIN (Employer Identification Number) is 34-1904019. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Cbc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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