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EIN 23-2593411

Cornerstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Elverson
State
Pennsylvania
Year formed
1990
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Cornerstone Foundation is a private foundation located in Elverson, PA. It primarily funds charitable, general fund, camp scholarships, building projects, and scholarships. Last year, it made 25 grants to organizations such as Camp Chetek and others.
Total revenues
$979,379
2023
Total expenses
$2,388,068
2023
Total assets
$24,837,260
2023
Num. employees
1
2023

Grants made by Cornerstone Foundation

GranteeGrant descriptionAmount
Biblical Ministries WorldwideCharitable, Church Feeding Project$365,000
Operation Renewed Hope Med Mission AgencyCharitable, Ministry, Domestic and International Humanitarian Needs$128,200
Red Cliff Bible CampCharitable, Building Projects$125,000
...and 14 more grants made

Personnel at Cornerstone Foundation

NameTitleCompensation
Edward H ConePresident$0

Financials for Cornerstone Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$644,496
Net rental income$0
Net gain from sale of non-inventory assets$258,001
Gross sales of inventory$0
Miscellaneous revenues$76,882
Total revenues$979,379

Form 990s for Cornerstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s

Organizations like Cornerstone Foundation

OrganizationLocationRevenue
Philippe FoundationNew York, NY$279,406
Youths Friends AssociationGloucester, MA$413,757
The Jake FoundationSarasota, FL$1,831,337
The Woods FoundationLincoln, IL$689,583
Keough Family FoundationAnn Arbor, MI$397,899
John and Clara Dolan FoundationMinnetonka, MN$641,375
William and Inez Mabie Family FoundationNapa, CA$791,197
Matred Carlton Olliff FoundationWauchula, FL$268,899
Francis A and Jacquelyn H Harrington FoundationWorcester, MA$908,973
Marvin and Virginia Schmid FoundationBellevue, NE$1,731,206
Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1220 Heritage Dr
Elverson, PA 19520
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Chester County, PA
Phone
(610) 286-2946
IRS details
EIN
23-2593411
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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