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Cornerstone Charitable Foundation Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1955. The principal officer is % Fleet Investment Services. It holds total assets of $2.1M. Annual income is reported at $325K. According to available records, Cornerstone Charitable Foundation Trust has made 23 grants totaling $336K, with a median grant of $20K. Annual giving has decreased from $224K in 2022 to $113K in 2023. Individual grants have ranged from $218 to $50K, with an average award of $15K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Cornerstone Charitable Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in MA.
Cornerstone Charitable Foundation Trust has distributed a total of $336K across 23 grants. The median grant size is $20K, with an average of $15K. Individual grants have ranged from $218 to $50K.
The application deadline is SEPTEMBER 1. TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS OR SERVICES TO THE GREATER BOSTON AREA.
Cornerstone Charitable Foundation Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $34K | $0 | $34K |
Total Giving
$159K
Total Assets
$2M
Fair Market Value
$2.2M
Net Worth
$2M
Grants Paid
$113K
Contributions
$0
Net Investment Income
$27K
Distribution Amount
$111K
Total Grants
23
Total Giving
$336K
Average Grant
$15K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Methodist ChurchUNRESTRICTED GENERAL | Chatham, MA | $12K | 2023 |
| United Way Of Mass BaySUPPORT THE FAMILY FUND | Boston, MA | $50K | 2023 |
| Southeast Asian CoalitionSUPPORT MENTAL WELLNESS | Worcester, MA | $20K | 2023 |
| Trinity Boston ConnectsUNRESTRICTED GENERAL | Boston, MA | $15K | 2023 |
| We Are Better TogetherCOMMUNITY MENTAL HEALTH | Roxbury, MA |
HOUSTON, TX
FLORENCE, SC
PITTSBURG, KS
VENICE, FL
| $15K |
| 2023 |
| The Society Of JesusUNRESTRICTED GENERAL | Boston, MA | $584 | 2023 |
| Catholic Char Diocese OfUNRESTRICTED GENERAL | Worcester, MA | $242 | 2023 |
| Fathers UpliftSUPPORT UPLIFTING THERAPY | Dorchester, MA | $20K | 2022 |
| Quinsigamond CommunitySUPPORT COUNSELING AND | Worcester, MA | $20K | 2022 |
| Cape Verdean Women UnitedUNRESTRICTED GENERAL | Brockton, MA | $20K | 2022 |
HOUSTON, TX
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