EIN 23-2593411

Cornerstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
1990
Most recent tax filings
2022-12-01
NTEE code, primary
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
$783,944
2022
Total expenses
$2,083,125
2022
Total assets
$26,237,100
2022
Num. employees
n/a

Grants made by Cornerstone Foundation

GranteeGrant descriptionAmount
Operation Renewed Hope Med Mission AgencyCharitable, Ministry, Domestic and International Humanitarian Needs$132,500
Camp ChetekCharitable, Camp Scholarships, Camp Facilities$126,400
Kingdom Air CorpsBuilding Project$125,000
...and 13 more grants made

Personnel at Cornerstone Foundation

NameTitleCompensation
Edward H ConePresident$0

Financials for Cornerstone Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$468,170
Net rental income$0
Net gain from sale of non-inventory assets$225,633
Gross sales of inventory$0
Miscellaneous revenues$90,141
Total revenues$783,944

Form 990s for Cornerstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-14990PFView PDF
...and 7 more Form 990s
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 foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
4020 Main St
Elverson, PA 19520
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Berks 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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