The CNC Foundation is a private grantmaking foundation based in Palo Alto, California. Established as a 501(c)(3) organization in September 1998, it operates as a philanthropic entity designated for charitable, educational, and general grantmaking purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-26.5% YoY
Annual Giving
$1.9M
+365.9% YoY
Grant Count
41
+32.3% YoY
Avg Grant Size
$47K
+252.2% YoY
Under IRS private-foundation payout rules, Cnc Foundation reported a distributable amount of $467K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation maintains a broad funding approach without specifying particular subject areas of focus. Recent financial data indicates:
Grant Range
**: $60
Average Grant
**: $60
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple regions of the United States, with documented support in:
- Major metropolitan areas including Boston, Los Angeles, New York, and San Francisco
- Multiple states including Arizona, California, Colorado, Florida, Illinois, Indiana, Maine, New York, Texas, Virginia, Washington, and Wisconsin
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $1.91 million to $2.6 million (figures vary by source)
- Annual revenue: $282,985 to $1.48 million
- Annual expenses: $433,579 to $1.96 million
- Total liabilities: $0
The foundation's financial position shows modest but stable resources dedicated to its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,907,540 | $2,594,658 | $2,848,676 |
| Revenue | $1,479,879 | $282,985 | $498,360 |
| Expenses | $1,959,185 | $433,579 | $409,681 |
| Qualifying Distributions | $1,955,487 | $416,500 | $399,900 |
| Net Investment Income | $1,476,181 | $265,906 | $488,579 |
| Distributable Amount | $467,448 | $384,831 | $378,615 |
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
172 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uc Santa Barbara Foundation ($680,000), American Friends of Winchester ($400,000), Electron Electric Dipole Moment ($293,098).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY VENTURA, CA | CHARITABLE | $200 |
| CHRISTIAN LEGAL SOCIETY SPRINGFIELD, VA | CHARITABLE | $300 |
| DOWNTOWN STREETS TEAM PALO ALTO, CA | CHARITABLE | $3,000 |
| UNIVERSITY OF NOTRE DAME NOTRE DAME, IN | CHARITABLE | $17,500 |
| WORLD CONCERN SEATTLE, WA | CHARITABLE | $2,400 |
| JOURNEY WITH JESUS FOUNDATION PALO ALTO, CA | CHARITABLE | $105,000 |
| AMERICAN FRIENDS OF WINCHESTER NEW YORK, NY | CHARITABLE | $400,000 |
| EASTSIDE COLLEGE PREPARATORY EAST PALO ALTO, CA | CHARITABLE | $21,000 |
| HEIFER FOUNDATION LITTLE ROCK, AR | CHARITABLE | $5,000 |
| LANGHAM PARTNERSHHIP CAVE CREEK, AZ | CHARITABLE | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by two unpaid co-trustees:
- Charles T. Munger Jr. – Co-trustee
- Charlotte Lowell – Co-trustee
Both serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES T MUNGER JR | CO-TRUSTEE | — | — |
| CHARLOTTE LOWELL | CO-TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Cnc Foundation?
The foundation maintains a broad funding approach without specifying particular subject areas of focus. Recent financial data indicates: • **Annual grants awarded**: Approximately $417,000 in recent years • **Total grants issued**: 6,884 grants in the previous year • **Average grant size**: $60 • **Funding approach**: Open to new applicants, with approximately 12% of new applicants funded The foundation has demonstrated a willingness to fund projects across various U.S. cities and states, indic…
Where does Cnc Foundation make grants?
The foundation funds projects across multiple regions of the United States, with documented support in: • Major metropolitan areas including Boston, Los Angeles, New York, and San Francisco • Multiple states including Arizona, California, Colorado, Florida, Illinois, Indiana, Maine, New York, Texas, Virginia, Washington, and Wisconsin
What size grants does Cnc Foundation award?
In 2024, Cnc Foundation awarded 41 grants totaling $1.9M — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Cnc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cnc Foundation reported a distributable amount of $467K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cnc Foundation's EIN?
Cnc Foundation's EIN (Employer Identification Number) is 77-6160567. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cnc Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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