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Cornerstone Foundation Inc. is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2005. The principal officer is % Bradley J Vogt. It holds total assets of $52.4M. Annual income is reported at $55.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cornerstone Foundation Inc. has made 53 grants totaling $8.6M, with a median grant of $150K. The foundation has distributed between $1.6M and $3.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.4M distributed across 22 grants. Individual grants have ranged from $50K to $325K, with an average award of $161K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in District of Columbia, Maine, New York, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Cornerstone Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in DC, ME, NY.
Cornerstone Foundation Inc. has distributed a total of $8.6M across 53 grants. The median grant size is $150K, with an average of $161K. Individual grants have ranged from $50K to $325K.
Cornerstone Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cornerstone Foundation Inc. is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley J Vogt | PRESIDENT | $0 | $0 | $0 |
| Martin Romo | TRUSTEE | $0 | $0 | $0 |
| Katherine M Vogt | TREASURER | $0 | $0 | $0 |
Total Giving
$2M
Total Assets
$45.9M
Fair Market Value
$51.5M
Net Worth
$45.9M
Grants Paid
$1.9M
Contributions
$0
Net Investment Income
$1.9M
Distribution Amount
$2.4M
Total: $44M
Total Grants
53
Total Giving
$8.6M
Average Grant
$161K
Median Grant
$150K
Unique Recipients
17
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Island InstituteSUPPORT CHARITABLE ACTIVITIES | Rockland, ME | $325K | 2023 |
| Environmental Defense FundSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $325K | 2023 |
| Teach For AmericaSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $225K | 2023 |
| House Of RuthSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $225K | 2023 |
| Planned Parenthood Federation Of America IncSUPPORT CHARITABLE ACTIVITIES | New York, NY | $190K |
| 2023 |
| Children'S Literacy InitiativeSUPPORT CHARITABLE ACTIVITIES | Philadelphia, PA | $140K | 2023 |
| The Posse Foundation DcSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $140K | 2023 |
| Brennan Center For JusticeSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $110K | 2023 |
| Thurgood Marshall College FundSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $75K | 2023 |
| Basic FundSUPPORT CHARITABLE ACTIVITIES | Oakland, CA | $55K | 2023 |
| Rock The VoteSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $55K | 2023 |
| The Island InstituteSUPPORT CHARITABLE ACTIVITIES | Rockland, ME | $300K | 2022 |
| Planned ParenthoodSUPPORT CHARITABLE ACTIVITIES | New York, NY | $175K | 2022 |
| The Possee Foundation DcSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $125K | 2022 |
| Teach For America DcmdSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $250K | 2021 |
| Children'S Literary InitiativeSUPPORT CHARITABLE ACTIVITIES | Philadelphia, PA | $150K | 2021 |
| For The Love Of ChildrenSUPPORT CHARITABLE ACTIVITIES | Washington, DC | $188K | 2020 |
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