EIN 31-1220787

Cornerstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1988
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Cornerstone Foundation is a private foundation based in Cincinnati, OH that primarily funds charitable organizations, including Prokids and others. Its purpose is to provide relief for losses on k-1s. Last year, it made 13 grants to various grantees.
Total revenues
$41,778
2023
Total expenses
$47,992
2023
Total assets
$739,922
2023
Num. employees
0
2023

Program areas at Cornerstone Foundation

Loss on k-1s

Grants made by Cornerstone Foundation

GranteeGrant descriptionAmount
ProKidsCharitable$15,000
Crossroad Health CenterCharitable$5,000
Omf InternationalCharitable$2,600
...and 2 more grants made

Who funds Cornerstone Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Insured SuccessLiquidation$23,728

Personnel at Cornerstone Foundation

NameTitleCompensation
Ronald McSwainPresident$0

Financials for Cornerstone Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$12,081
Net rental income$0
Net gain from sale of non-inventory assets$29,697
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$41,778

Form 990s for Cornerstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-09990PFView PDF
2022-122023-05-11990PFView PDF
2021-122022-03-30990PFView PDF
2020-122021-11-10990PFView PDF
2019-122020-08-28990PRView PDF
...and 8 more Form 990s

Organizations like Cornerstone Foundation

OrganizationLocationRevenue
Pratichi TrustBoston, MA$12,066
The Avital Family FoundationBrooklyn, NY$45,000
Altman Family FoundationWilmette, IL$50,164
Price Family FoundationOmaha, NE$77,305
Tucker-Diggs FoundationClarksville, MD$10,963
Crowe and Dunlevy FoundationOklahoma City, OK$108,059
Colina FoundationGrosse Ile, MI$21,285
Dorothy Suzi Osher FDNPortland, ME$41,491
Arram Family FoundationKearney, NE$75,319
Richard and Jane Green Family FoundTallahassee, FL$47,466
Data update history
August 8, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 19, 2023
Received grants
Identified 1 new grant, including a grant for $23,728 from Insured Success
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
366 Oak Dr
Cincinnati, OH 45246
Metro area
Cincinnati, OH-KY-IN
County
Hamilton County, OH
Phone
(513) 772-2142
IRS details
EIN
31-1220787
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1988
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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