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Cornerstone Foundation is a private corporation based in KELLER, TX. The foundation received its IRS ruling in 2001. The principal officer is Ron Lewandowski. It holds total assets of $486K. Annual income is reported at $713K. Total assets have grown from $5K in 2011 to $710K 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 2020 to 2023. The foundation primarily funds organizations in Texas and Illinois. According to available records, Cornerstone Foundation has made 3 grants totaling $155K, with a median grant of $3K. Individual grants have ranged from $2K to $150K, with an average award of $52K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$100K
Average Grant
$103K
Largest Grant
$200K
Based on 3 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 3 grants. Its grantmaking reaches organizations primarily in TX.
Cornerstone Foundation has distributed a total of $155K across 3 grants. The median grant size is $3K, with an average of $52K. Individual grants have ranged from $2K to $150K.
Cornerstone Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cornerstone Foundation is headquartered in KELLER, TX. The foundation primarily funds organizations in Texas, Illinois.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dianne Lewandowski | TRUSTEE | $0 | $0 | N/A |
| Ronald Lewandowski | TRUSTEE | $0 | $0 | N/A |
Total Giving
$173K
Total Assets
$710K
Fair Market Value
$710K
Net Worth
$710K
Grants Paid
$160K
Contributions
$36K
Net Investment Income
N/A
Distribution Amount
$37K
Total Grants
3
Total Giving
$155K
Average Grant
$52K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Milestone ChurchCHARITABLE CONTRIBUTION | Keller, TX | $150K | 2022 |
| Halo For Freedom FoundationCHARITABLE CONTRIBUTION | Willow Park, TX | $3K | 2022 |
| Diamond Oaks Worship CenterCHARITABLE CONTRIBUTION | Haltom City, TX | $2K | 2022 |