Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Cornerstone Foundation is a nonprofit organization dedicated to supporting Christian education in Africa, primarily through initiatives related to Protestantism and publishing. With an operating budget of $61.8K and total revenue of $70.9K for the 2023 filing year, the organization is financially supported by a diverse range of funders, none of whom contribute 50% or more of its revenue. The foundation does not currently have a publicly accessible website.

Mission Statement

TO SUPPORT CHRISTIAN EDUCATION IN AFRICA
Revenues
$70.9K
Expenses
$79.4K
Net Income:
-$8.5K
Assets
$371.2K
Liabilities
$187.6K
Net Assets:
+$183.6K
Operating Budget
$61.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$9.4K
Largest grant received
$9.4K
E
Edward L Beaver
Board Member
T
Tom James
Board Member
J
James D Brown
Board Member

Frequently Asked Questions

What is CORNERSTONE FOUNDATION’s budget?
In 2023, CORNERSTONE FOUNDATION reported an annual operating budget of around $62 thousand. More detailed financial information is available to registered users.
What causes does CORNERSTONE FOUNDATION support?
CORNERSTONE FOUNDATION supports work in Publishing and Protestantism.
Where does CORNERSTONE FOUNDATION operate?
CORNERSTONE FOUNDATION is headquartered in Easley, SC.
Who funded CORNERSTONE FOUNDATION recently?
In 2024, CORNERSTONE FOUNDATION received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, NETWORK FOR GOOD, and NETWORK FOR GOOD. More information on this organization’s funders is available to registered users.
What is the largest grant CORNERSTONE FOUNDATION received in 2024?
The largest grant to CORNERSTONE FOUNDATION in 2024 exceeds $9,400.