CNB Foundation Agency is a corporate foundation based in Hillsdale, Michigan. Established in 2021, it operates as a 501(c)(3) organization with a primary focus on general operating support for community organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-13.2% YoY
Annual Giving
$346K
+1.8% YoY
Grant Count
35
+0.0% YoY
Avg Grant Size
$10K
+1.8% YoY
Mission & Focus Areas
The foundation provides general operating support to various organizations within its service areas. Primary funding categories include healthcare, community development, cultural institutions, and educational support.
Grantmaking
The foundation awarded seven grants in 2024.
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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 | FY 2024 | FY 2023 | Change |
|---|---|---|---|
| Total Revenues | $36,745 | $120,387 | -69.5% |
| Total Expenses | $87,825 | — | — |
| Total Assets | $879,261 | — | — |
| Investment Income | $30,860 | $26,711 | +15.5% |
The foundation operates with no employees and relies primarily on investment income to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,024,172 | $1,180,238 | $1,090,598 |
| Revenue | $217,093 | $451,159 | $401,087 |
| Expenses | $372,464 | $359,831 | $262,039 |
| Qualifying Distributions | $372,464 | $359,831 | $262,039 |
| Net Investment Income | $42,342 | $44,295 | $36,852 |
| Distributable Amount | $66,318 | $59,633 | $71,451 |
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
167 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 |
|---|---|---|---|
| TITO LIMA | TREASURER | 1 | — |
| LEEANNE KASSAB | CHAIRPERSON | 1 | — |
| JESSICA A ZUPICH | SECRETARY | 1 | — |
| MICHAEL D PEDUZZI | DIRECTOR | 1 | — |
| KATIE ANDERSEN | DIRECTOR | 1 | — |
| CARRIE A WOOD | DIRECTOR | 1 | — |
| CHARLES SMITH | DIRECTOR | 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. Research dossier generated April 2026.
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