EIN 22-2587192

Cornerstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
41
Year formed
1983
Most recent tax filings
2023-12-01
Description
The Cornerstone Foundation, a non-profit organization located in Vernon Rockville, CT, provides food, clothing, and shelter to those in need within their community. They operate a community kitchen that serves between 3,500 and 4,000 meals per month and also have a food pantry that assists those who meet the federal guidelines for food assistance. In addition, they have a clothing bank where donated items are sorted and distributed free of charge wherever there is a need.
Total revenues
$2,867,751
2023
Total expenses
$2,911,135
2023
Total assets
$720,971
2023
Num. employees
41
2023

Program areas at Cornerstone Foundation

Community kitchen - provides a dignified environment serving between 3,500 and 4,000 meals per month. Also a food pantry that provides assistance to those needing some extra help who meet the federal guidelines for food assistance.
Shelter - a facility to provide temporary shelter for individuals in the area needing a warm, safe place to spend the night.
Clothing bank - donated clothing and household goods are taken in, sorted, and distributed free of charge wherever there is a need.
Community center - we work with many different businesses, church groups, youth organizations and individuals to share resources.

Who funds Cornerstone Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Journey HomeHomelessness Assistance$270,569
The US Charitable Gift TrustFor Recipient's Exempt Purpose$101,000
Network for GoodUnrestricted$84,802
...and 12 more grants received

Personnel at Cornerstone Foundation

NameTitleCompensation
Helen FeltFounder
Thomas StaufferPresident$0
Dick CarterudAssistant Treasurer$0
Jeanne H. SchroederBoard Member$0
Alan SauerTreasurer$0
...and 3 more key personnel

Financials for Cornerstone Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,864,212
Program services$0
Investment income and dividends$3,668
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-22,412
Net gain from sale of non-inventory assets$0
Net income from fundraising events$13,803
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,480
Total revenues$2,867,751

Form 990s for Cornerstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-07990View PDF
2022-122023-08-29990View PDF
2021-122022-09-28990View PDF
2020-122021-10-18990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s

Organizations like Cornerstone Foundation

OrganizationLocationRevenue
Second HelpingsIndianapolis, IN$11,128,899
The Brother Benno FoundationOceanside, CA$4,958,265
Meals on Wheels Plus IncorporatedAbilene, TX$3,221,369
Daily BreadMelbourne, FL$2,749,139
Meals on Wheels Western MichiganGrandville, MI$8,038,499
Meals on Wheels of the Salinas ValleySalinas, CA$1,604,055
Loaves and Fishes of Contra CostaMartinez, CA$2,234,683
Harvest Against HungerSeattle, WA$4,642,506
Meals on Wheels of SarasotaincSarasota, FL$2,122,767
Cabarrus Meals on WheelsConcord, NC$1,299,251
Data update history
December 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 6, 2024
Updated personnel
Identified 10 new personnel
August 26, 2024
Received grants
Identified 4 new grant, including a grant for $270,569 from Journey Home
June 15, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $23,574 from American Online Giving Foundation
Nonprofit Types
Grantmaking organizationsFood and nutrition programsCharities
Issues
Human servicesFood and nutritionHunger
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
15 Prospect St
Vernon Rockville, CT 06066
Metro area
Hartford-East Hartford-Middletown, CT
County
Capitol Planning Region, CT
Website URL
cornerstone-rockville.org/ 
Phone
(860) 871-1823
IRS details
EIN
22-2587192
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
K30: Food Service, Free Food Distribution Programs
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Cornerstone Foundation has new information, or want to find more organizations like Cornerstone Foundation?

Create free Cause IQ account