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Cornerstone Charitable Foundation is a private corporation based in CHESTERFIELD, MO. The foundation received its IRS ruling in 2019. The principal officer is Andrew Leonard. It holds total assets of $1.9M. Annual income is reported at $2.3M. Total assets have grown from $25K in 2019 to $982K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Cornerstone Charitable Foundation has made 2 grants totaling $30K, with a median grant of $15K. Annual giving has grown from $5K in 2020 to $25K in 2022. Individual grants have ranged from $5K to $25K, with an average award of $15K. Grant recipients are concentrated in Missouri. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cornerstone Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MO.
Cornerstone Charitable Foundation has distributed a total of $30K across 2 grants. The median grant size is $15K, with an average of $15K. Individual grants have ranged from $5K to $25K.
Cornerstone Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cornerstone Charitable Foundation is headquartered in CHESTERFIELD, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Fleming | PRESIDENT | $0 | $0 | N/A |
| Greg Schmittgens | TREASURER | $0 | $0 | N/A |
| Andrew Leonard | SECRETARY | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$982K
Fair Market Value
$993K
Net Worth
$982K
Grants Paid
$50K
Contributions
$992K
Net Investment Income
$807K
Distribution Amount
$10K
Total Grants
2
Total Giving
$30K
Average Grant
$15K
Median Grant
$15K
Unique Recipients
1
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Louis Community FoundationSUPPORT LOCAL COMMUNITY CHARITABLE INITIATIVES | Clayton, MO | $25K | 2022 |