CNB Foundation Inc
CNB Foundation Inc is a private foundation based in Clearfield, Pennsylvania. In 2025, it reported 31 grants totaling $321,500, supporting organizations with purposes including economic development, health, workforce development, community services, rehabilitation, and education.
CNB Foundation Inc at a glance
In short: CNB Foundation Inc gave $322K across 31 grants in 2025 (avg $10K), mostly in Pennsylvania. 39% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $321,500
- -7.1% vs 2024
- Grants made (2025)
- 31
- -11.4% vs 2024
- Average grant
- $10,371
- +4.8% vs 2024
- Median grant
- $10,000
- Total assets
- $1,060,813
- +3.6% vs 2024
- New grantees (estimate)
- 39% first-time grantees (12 of 31, 2025)
- Primary geography
- Pennsylvania (59% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to CNB Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 1 South Second Street PO Box 42, Clearfield, PA 16830
Phone: (814) 765-9621
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who CNB Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Erie Downtown Development Corp ($50K). Together the top 10 received $200K.
Grant Size Distribution
168 grants across all recorded years
The most common grant size was under $50K: 164 grants of 168 (98%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in Pennsylvania (59%), Ohio (21%), New York (14%), and Virginia (6%).
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
Cities
Is CNB Foundation Inc open to new grantees?
39%
first-time grantees, 2025
In 2025, 12 of 31 grantees (39%) were first-time recipients. First grants averaged $7K; repeat grants $13K. How we count
Medians: $5K first-time, $10K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving grew 23% from 2022 to 2025. Method
- In 2025 it paid out 518% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $140K (2020) to $346K (2024). In 2025 it made 31 grants totaling $322K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Erie Downtown Development Corp Erie, PA | Support Economic Development | $50,000 |
| American Cancer Society Clearfield, PA | Annual Support | $29,500 |
| Northland Workforce TRN Ctr Buffalo, NY | Local Area Workforce Development | $25,000 |
| Clearfield Area United Way Clearfield, PA | Annual Campaign Contribution | $20,000 |
| Dickenson Center Inc Bradford, PA | St Marys Building Project | $15,000 |
| Futures Rehabilitation Center Inc Bradford, PA | New Program Facility | $15,000 |
| United Way of Erie County Erie, PA | Capital Campaign | $15,000 |
| Breadwinners Academy Macedonia, OH | Bridging the Wealth Gap Fin'l Litera | $10,000 |
| Community Action Lehigh Valley Bethlehem, PA | Support the Needs of Less Fortunate | $10,000 |
| Community Housing Partners Christiansburg, VA | Support Initiat Surround Various | $10,000 |
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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 | $1,060,813 | $387,179 | $349,968 | $321,500 | 31 | $349,968 | $40,988 | $67,598 |
| 2024 | $1,024,172 | $217,093 | $372,464 | $346,220 | 35 | $372,464 | $42,342 | $66,318 |
| 2023 | $1,180,238 | $451,159 | $359,831 | $340,143 | 35 | $359,831 | $44,295 | $59,633 |
| 2022 | $1,090,598 | $401,087 | $262,039 | $261,264 | 34 | $262,039 | $36,852 | $71,451 |
| 2021 | $951,096 | $334,741 | $233,275 | $232,500 | 33 | $233,275 | $32,690 | $62,625 |
| 2020 | $851,626 | $163,551 | $141,231 | $140,462 | 30 | — | $31,721 | $47,300 |
Under IRS private-foundation payout rules, CNB Foundation Inc reported a distributable amount of $68K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as community development, health, workforce development, human services, and education.
Grantees’ stated missions illustrate the kinds of work represented among its recipients. Clearfield Area United Way says it brings people and resources together to address community needs and support children and families. Futures Rehabilitation Center says it assists people with disabilities through vocational rehabilitation, life-skills support, and community participation. The American Cancer Society says it works to improve the lives of people with cancer and their families through advocacy, research, and patient support.
Grantmaking
In filing year 2025, the foundation reported 31 grants totaling $321,500. Grant amounts ranged from $2,000 to $50,000, with a median grant of $10,000. Notable grants included $50,000 to Erie Downtown Development Corp for economic development, $29,500 to the American Cancer Society for annual support, $25,000 to Northland Workforce Trn Ctr for local-area workforce development, and $20,000 to Clearfield Area United Way for its annual campaign.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2025 filing are Tito Lima, Treasurer; Leeanne Kassab, Chairperson; Jessica A. Zupich, Secretary; Michael D. Peduzzi, Director; Katie Andersen, Director; Carrie A. Wood, Director; Charles Smith, Director; and Emily Fisher, Assistant Secretary.
CNB Foundation Inc is led by Leeanne Kassab, Chairperson on every filing since 2023; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Leeanne Kassab
Chairperson
On filings since 2023
1 hr/week
No compensation reported
Carrie A. Wood
Director
On filings since 2021
1 hr/week
No compensation reported
Katie Andersen
Director
Chairperson → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Michael D. Peduzzi
Director
On filings since 2022
1 hr/week
No compensation reported
Charles Smith
Director
On filings since 2024
1 hr/week
No compensation reported
Tito Lima
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jessica A. Zupich
Secretary
Assistant Se → Secretary, 2022
On filings since 2021
1 hr/week
No compensation reported
Emily Fisher
Assistant Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (15)
- Former: Richard L. Greslick Jr. (2021–2023) — Director
- Former: Glenn Pentz (2021–2022) — Director
- Former: Alyssa Lumadue (2022) — Assistant Secretary
- Former: Joseph B. Bower Jr. (2021) — Director
- Former: Mary Ann Conaway (2021) — Chairperson
- Former: Deborah Dick-Pontzer (2020) — Director
- Former: Francis X. Straub III (2020) — Director
- Former: Jeffrey S. Powell (2020) — Director
- Former: Joel E. Peterson (2020) — Director
- Former: Julie M. Young (2020) — Director
- Former: Nicholas N. Scott (2020) — Director
- Former: Peter C. Varischetti (2020) — Director
- Former: Peter Smith (2020) — Chairperson
- Former: Richard B. Seager (2020) — Director
- Former: Robert W. Montler (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 CNB Foundation Inc
How much does CNB Foundation Inc give each year?
CNB Foundation Inc gave $322K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $346K across 35 grants.
What is CNB Foundation Inc's typical grant size?
CNB Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,371, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from CNB Foundation Inc that year got $7K on average.
Where does CNB Foundation Inc give grants?
CNB Foundation Inc gives mostly in Pennsylvania: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (21%) and New York (14%). The most frequent recipient cities were Buffalo, NY (4 grants), Cleveland, OH (3 grants), Erie, PA (2 grants) and Clearfield, PA (2 grants).
Does CNB Foundation Inc give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on CNB Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Capital Campaign" (4 grants).
Who are CNB Foundation Inc's largest grantees?
CNB Foundation Inc's largest 2025 grantees include Erie Downtown Development Corp ($50,000), American Cancer Society ($29,500) and Northland Workforce TRN Ctr ($25,000), according to its 2025 IRS Form 990-PF. Together they received 33% of its itemized 2025 grant dollars.
How large is CNB Foundation Inc?
CNB Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $350K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).
What does CNB Foundation Inc fund?
No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as community development, health, workforce development, human services, and education. See mission & focus areas ↑
How do I apply for a grant from CNB Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is CNB Foundation Inc's EIN?
CNB Foundation Inc's EIN (Employer Identification Number) is 27-2417365. IRS Form 990 filing data is available on this page for 2020–2025.
Does CNB Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). CNB Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/cnb-foundation-inc-morg_08a399627631461ab424b035bb50f287
BibTeX
@misc{grantable_272417365_2026,
author = {{Grantable}},
title = {{CNB Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cnb-foundation-inc-morg_08a399627631461ab424b035bb50f287},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from CNB Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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