Private foundation · EIN 23-2593411 · Elverson, Pennsylvania

Cornerstone Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 26 grants paid, $1.7M total, median $31K. 23% of grants stayed in Pennsylvania.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
26
$1.7M
Median grant
$31K
Stays in PA
23%
of grants
Deadline
—
Assets
$25M

Grants paid in 2024

26 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Camp KanesatakeSpruce Creek, PACharitable, camp scholarships$300K
Operation Renewed HopeFayetteville, NCCharitable, ministry, domestic and international humanitarian needs$200K
Camp Loma DevidaEdinburg, TXCharitable, camp scholarships, security related projects$150K
Deer Creek CampKerrville, TXCharitable, facilities project$150K
Grand View CampSellersville, PACharitable, camp scholarships$145K
Red Cliff Bible CampPinedale, WYCharitable, building projects$124K
Bay Cities FellowshipPalm Harbor, FLCharitable, hurricane relief$100K
AbweHarrisburg, PACharitable, scholarhips$83K
Biblical Ministries WorldwideLawrenceville, GACharitable, waasayaa north bible camp$50K
Bethany ChurchReading, PACharitable, latin american outreach training$45K
Camp ChetekChetek, WICharitable, camp scholarships$40K
Ironwood CampNewberry Springs, CACharitable, camp scholarships$40K
Biblical Education for Latin AmericaEdinburg, TXCharitable, ucla project$32K
All Points Baptist MissionNew Philadelphia, OHCharitable, ethan shield hangar fund$30K
Woodlands CampCleveland, GACharitable, camp scholarships$25K
Building Great LeadersTaylors, SCCharitable, year end gift$20K
Grace Baptist ChurchDracula, GACharitable, new roof$20K
Longview CampArcade, NYCharitable, camp scholarships, zipline$20K
Southland Christian MinistriesRinggold, LACharitable, camp scholarships$15K
Iowa Regular Baptist CampVentura, IACharitable, camp scholarships$15K
Camp CalvaryBernville, PACharitable, camp scholarships$12K
Set Centers InternationalSt Petersburg, FLCharitable, grace reigns project$10K
The Wilds of New EnglandDeering, NHCharitable, camp scholarships$10K
Oremundo IncPalmhurst, TXCharitable, missionaries$8,000
Appalachian Bible CollegeMount Hope, WVCharitable, camp scholarships$6,805
High Point Baptist ChapelGeigertown, PACharitable, camp scholarships$5,825

By state: Pennsylvania 6 · Texas 4 · North Carolina 1 · Wyoming 1 · Florida 2 · Georgia 3

About this foundation

Cornerstone Foundation is a private grantmaking foundation in Elverson, Pennsylvania, administered in care of Edward H Cone, tax-exempt since 1990. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Cornerstone Foundation accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Cornerstone Foundation give each year?

In tax year 2024 it paid $1.7M across 26 grants, a median of $31K.

Where does Cornerstone Foundation give?

Pennsylvania (6 grants), Texas (4 grants), North Carolina (1 grants) and elsewhere, per its latest filing.

More foundations near Elverson that accept applications

All in Pennsylvania
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Seed Foundationsince 2011 Elverson, PA $875K19 grants · 2024 $35KYes $14M
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John Templeton Foundationsince 1988 West Conshohocken, PA $134M426 grants · 2024 $217KYes $3.4B
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Hillman Family Foundationssince 1965 Pittsburgh, PA $89M814 grants · 2024 $20KYes $1.9B
The Heinz Endowmentssince 1993 Pittsburgh, PA $85M550 grants · 2024 $70KYes $2.1B
Sarah Scaife Foundation Incsince 1960 Pittsburgh, PA $45M176 grants · 2024 $200KYes $936M
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