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Cornerstone Foundation is a private trust based in MONROE, NY. The foundation received its IRS ruling in 2006. The principal officer is Rafael Ekstein. It holds total assets of $747. Annual income is reported at N/A. Total assets have decreased from $383K in 2011 to $2K in 2023. The foundation is governed by 2 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 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Cornerstone Foundation has made 39 grants totaling $382K, with a median grant of $8K. Annual giving has decreased from $132K in 2020 to $12K in 2023. Grantmaking activity was highest in 2022 with $238K distributed across 24 grants. Individual grants have ranged from $500 to $50K, with an average award of $10K. The foundation has supported 23 unique organizations. Grants have been distributed to organizations in New York and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$9K
Average Grant
$10K
Largest Grant
$25K
Based on 12 grants from the most recent 990-PF filing.
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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in NY, MD.
Cornerstone Foundation has distributed a total of $382K across 39 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $500 to $50K.
Cornerstone Foundation typically selects its grantees rather than accepting unsolicited proposals. No restrictions.
Cornerstone Foundation is headquartered in MONROE, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rafael Ekstein | TRUSTEE | $0 | $0 | N/A |
| Gittel Ekstein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$14K
Total Assets
$2K
Fair Market Value
$2K
Net Worth
$2K
Grants Paid
$12K
Contributions
$5K
Net Investment Income
N/A
Distribution Amount
$146
Total Grants
39
Total Giving
$382K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
23
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cong Achiezer KyRELIGIOUS & CHARITABLE | Monroe, NY | $9K | 2023 |
| Congregation Mishkan TecheskelRELIGIOUS & CHARITABLE | Brooklyn, NY | $2K | 2023 |
| Congregation Meor EinayimRELIGIOUS & CHARITABLE | Lawrence, NY | $1K | 2023 |
| Congregation Mayim Chayim IncRELIGIOUS & CHARITABLE | Spring Valley, NY | $25K | 2022 |
| Chayim Vchesed IncRELIGIOUS & CHARITABLE | Brooklyn, NY | $24K | 2022 |
| Beer YitzchokRELIGIOUS & CHARITABLE | Brooklyn, NY | $16K | 2022 |
| The Ojc FundRELIGIOUS & CHARITABLE | Brooklyn, NY | $12K | 2022 |
| Congregation Chasdei Meir IncRELIGIOUS & CHARITABLE | Spring Valley, NY | $10K | 2022 |
| Chazak Vematz Congregation IncRELIGIOUS & CHARITABLE | Baltimore, MD | $10K | 2022 |
| United Mosdos Torah VeyirahRELIGIOUS & CHARITABLE | Monroe, NY | $8K | 2022 |
| Congregation Mosdos Toldos AharonRELIGIOUS & CHARITABLE | Brooklyn, NY | $8K | 2022 |
| Kolel Derech Hchaim Ohel Alta FiegaRELIGIOUS & CHARITABLE | Monroe, NY | $1K | 2022 |
| Congregation Beth HatfilahRELIGIOUS & CHARITABLE | Brooklyn, NY | $1K | 2022 |
| Chasdei Yetev LevRELIGIOUS & CHARITABLE | Brooklyn, NY | $50K | 2020 |
| Congregation Yetev Lev Dsatmar IncRELIGIOUS & CHARITABLE | Brooklyn, NY | $30K | 2020 |
| Mosdos Beer YitzchokRELIGIOUS & CHARITABLE | Brooklyn, NY | $20K | 2020 |
| Sheiris IsruelRELIGIOUS & CHARITABLE | Brooklyn, NY | $11K | 2020 |
| Cong Satmar Ym IncRELIGIOUS & CHARITABLE | Brooklyn, NY | $10K | 2020 |
| Mosdos Satmar Of BloomingburgRELIGIOUS & CHARITABLE | Bloomingburg, NY | $5K | 2020 |
| Congregation Netzach YisroelRELIGIOUS & CHARITABLE | Brooklyn, NY | $1K | 2020 |
| Mosdos Yetev Lev Of Antwerp IncRELIGIOUS & CHARITABLE | Monroe, NY | $1K | 2020 |
| Mosdos RamouRELIGIOUS & CHARITABLE | Brooklyn, NY | $1K | 2020 |
| Friends Of Zichron MeirRELIGIOUS & CHARITABLE | Brooklyn, NY | $1K | 2020 |