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EIN 20-0470994

Cornerstone Legacy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Irvine
State
California
Year formed
2004
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Cornerstone Legacy Foundation is a private foundation located in Irvine, CA that primarily funds support of exempt function. Grantees include Pacifica Christian High School - Orange County and others. Last year, the foundation made 34 grants.
Total revenues
$199,719
2023
Total expenses
$1,733,434
2023
Total assets
$945,160
2023
Num. employees
0
2023

Grants made by Cornerstone Legacy Foundation

GranteeGrant descriptionAmount
California Family CouncilSupport of Exempt Function$10,000
Family Research Council (FRC)Support of Exempt Function$9,666
Free Wheelchair MissionSupport of Exempt Function$7,200
...and 1 more grant made

Personnel at Cornerstone Legacy Foundation

NameTitleCompensation
Gerald PharrisChief Executive Officer$0
Lynn PharrisSecretary and Chief Financial Officer$0

Financials for Cornerstone Legacy Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$150,000
Investment income and dividends$51,911
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$-2,192
Total revenues$199,719

Form 990s for Cornerstone Legacy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-07990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s
Data update history
January 4, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
June 4, 2020
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
ChristianReligiousProvides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
2050 Main St 250
Irvine, CA 92614
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Orange County, CA
Phone
(949) 313-5800
IRS details
EIN
20-0470994
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2004
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
123360
FTB Entity ID
2563563
AB 488 data last updated ("as-of") date
2025-02-19
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