The Mississippi State Capitol

Form 990-PFTax year 2025EIN 75-3052579

CB Foundation Inc

A private foundation in Flowood, MS. Its return for tax year 2025 lists 2 grants and $22,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
William C Lehr
1905 Community Bank Way Suite 5
Flowood, MS 39232
(769) 261-2229
Form and materials
No specific form
Deadlines
No submission deadline
Restrictions
No restrictions

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $22,000

    Grants listed
    2
    Assets, end of year
    $570,023
  • Tax year 2024

    $319,825

    Grants listed
    9
    Assets, end of year
    $243,535
  • Tax year 2023

    $266,500

    Grants listed
    12
    Assets, end of year
    $555,912
  • Tax year 2022

    $217,500

    Grants listed
    6
    Assets, end of year
    $810,051
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $1,027,074
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $153,005
  • Tax year 2019

    $0

    Grants listed
    0
    Assets, end of year
    $153,942
  • Tax year 2018

    $0

    Grants listed
    0
    Assets, end of year
    $155,073

Grants paid in 2025

2 grants, largest first

As listed on the return.

  1. East Central Community College FoundationDecatur, MS

    Educational

    $20,000
  2. Legacy Education and Community EmpowermentForest, MS

    Charitable

    $2,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $20,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Mississippi2 grants $22,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Thomas W ColbertCHAIRMAN Hours 1Pay $0
  • Charles W Nicholson JrPRESIDENT Hours 1Pay $0
  • William C LehrSEC/TREAS Hours 1Pay $0

The return

More foundations

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Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Mississippi Farm Bureau Young Farmer Scholarship FoundationJackson, MS 6 grants Preselected only $54,500 giving
  2. Billy and Rebecca Long FoundationMadison, MS 9 grants Preselected only $61,500 giving
  3. First National Bank Charitable FoundationJackson, MS 18 grants Accepts applications $87,804 giving
  4. Myers Seely MemSaint Louis, MO 4 grants Preselected only $22,000 giving
  5. The Patrick and Mary Ferro Foundation IncJupiter, FL 4 grants Accepts applications $22,000 giving