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CORNERSTONE PUBLIC ASSET FUND INC

CORNERSTONE PUBLIC ASSET FUND INC

BENTON HARBOR, MI, US
501(c)(3)
EIN
46-4405437
Regional Funder
funder logo

CORNERSTONE PUBLIC ASSET FUND INC

BENTON HARBOR, MI, US
501(c)(3)
EIN
46-4405437
Regional Funder

Overview

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Est.

2013

Fiscal Year Start

Jan 1

Organization Type

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Grantmaker
AI Summary
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Cornerstone Public Asset Fund Inc is a 501(c)(3) grantmaking organization that focuses primarily on funding initiatives in Michigan, having distributed a total of $2.3 million across nine grantees in the filing year 2024. This funder operates on a relationship-based model and does not accept unsolicited proposals, making grants by invitation only. Nonprofits interested in engaging with Cornerstone Public Asset Fund Inc can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

CORNERSTONE PUBLIC ASSET FUND, INC. IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITIES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY.
Total Funding Given

$2.3M

2024
Grantees funded
9
Multi-year grantees
78%
Funding by Year
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Total No. of Grants

6

Median 1st year grant
$200K
Median 2nd year grant
$250K
C
Chris Cook
Board Member
S
Sam Abdelnour
Board Member
J
Jeff Fettig
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to CORNERSTONE PUBLIC ASSET FUND INC?
No. CORNERSTONE PUBLIC ASSET FUND INC does not accept unsolicited proposals. Funding is by invitation only.
Where does CORNERSTONE PUBLIC ASSET FUND INC give?
CORNERSTONE PUBLIC ASSET FUND INC primarily gives to organizations located in Michigan. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are CORNERSTONE PUBLIC ASSET FUND INC’s grants?
The largest share of grants from CORNERSTONE PUBLIC ASSET FUND INC fall in the $250 thousand to $500 thousand range. The median first-year grant is about $200 thousand. More detailed grant size data is available to registered users.
How many grants does CORNERSTONE PUBLIC ASSET FUND INC make each year?
In 2024, CORNERSTONE PUBLIC ASSET FUND INC awarded about 6 grants, totaling nearly $2.3 million. More detailed grant metrics are available to registered users.
Who did CORNERSTONE PUBLIC ASSET FUND INC fund recently?
In 2024, CORNERSTONE PUBLIC ASSET FUND INC awarded grants to about 9 grantees. Recent grantees include BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN, ST JOSEPH PUBLIC SCHOOLS FOUNDATION, and LAKESHORE EXCELLENCE FOUNDATION. More detailed information on all recent recipients is available to registered users.
How do we apply to CORNERSTONE PUBLIC ASSET FUND INC?
CORNERSTONE PUBLIC ASSET FUND INC does not accept unsolicited proposals. Funding is by invitation only.
Overview
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