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First Cornerstone Foundation Inc. is a private 0 based in WEST CHESTER, PA. The foundation received its IRS ruling in 2005. It holds total assets of $7.7M. Annual income is reported at $3.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, First Cornerstone Foundation Inc. has made 302 grants totaling $1.8M, with a median grant of $5K. Annual giving has grown from $397K in 2021 to $878K in 2023. Individual grants have ranged from $1K to $26K, with an average award of $6K. The foundation has supported 107 unique organizations. The foundation primarily supports organizations in Pennsylvania, Montana, New York, which account for 74% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
First Cornerstone Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 302 grants. Its grantmaking reaches organizations primarily in PA, MT, NY.
First Cornerstone Foundation Inc. has distributed a total of $1.8M across 302 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $26K.
First Cornerstone Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
First Cornerstone Foundation Inc. is headquartered in WEST CHESTER, PA. While based in PA, the foundation distributes grants to organizations across 18 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $2K | $0 | $2K |
| Frances H Abbott Jr | SECRETARY | $0 | $0 | $0 |
| Frances M Abbott | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$476K
Total Assets
$7.6M
Fair Market Value
$9.9M
Net Worth
$7.6M
Grants Paid
$447K
Contributions
$0
Net Investment Income
$1M
Distribution Amount
$451K
Total Grants
302
Total Giving
$1.8M
Average Grant
$6K
Median Grant
$5K
Unique Recipients
107
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Safe HarborGENERAL OPERATING | Alexandria, VA | $5K | 2023 |
| HandicraftersGENERAL OPERATING | Thorndale, PA | $5K | 2023 |
| Kieve Wavus Education IncGENERAL OPERATING | Nobleboro, ME | $19K | 2023 |
| Stroud Water ResearchGENERAL OPERATING | Avondale, PA | $15K | 2023 |
| Planned Parenthood NationalGENERAL OPERATING |
| New York, NY |
| $15K |
| 2023 |
| Brandywine ConservancyGENERAL OPERATING | Chadds Ford, PA | $15K | 2023 |
| Community Volunteers In MedicineGENERAL OPERATING | West Chester, PA | $15K | 2023 |
| Chester County Hospital FoundationGENERAL OPERATING | West Chester, PA | $15K | 2023 |
| Montana Land RelianceGENERAL OPERATING | Helena, MT | $14K | 2023 |
| Stillwater Billings ClinicGENERAL OPERATING | Columbus, MT | $10K | 2023 |
| Friends AssociationGENERAL OPERATING | West Chester, PA | $10K | 2023 |
| Thorncroft Therapeutic RidingGENERAL OPERATING | Malvern, PA | $10K | 2023 |
| Beartooth Hospital And Health CenterGENERAL OPERATING | Red Lodge, MT | $10K | 2023 |
| Westtown SchoolGENERAL OPERATING | West Chester, PA | $10K | 2023 |
| Church Farm SchoolGENERAL OPERATING | Exton, PA | $10K | 2023 |
| Project HomeGENERAL OPERATING | Philadelphia, PA | $10K | 2023 |
| Chester County Food BankGENERAL OPERATING | Exton, PA | $10K | 2023 |
| Philadelphia ZooGENERAL OPERATING | Philadelphia, PA | $10K | 2023 |
| The Center For Early EducationGENERAL OPERATING | West Hollywood, CA | $9K | 2023 |
| Gallatin Valley Lands TrustGENERAL OPERATING | Bozeman, MT | $9K | 2023 |
| The Station FoundationGENERAL OPERATING | Bozeman, MT | $5K | 2023 |
| West Chester Food CupboardGENERAL OPERATING | West Chester, PA | $5K | 2023 |
| Brandywine Red Clay AllianceGENERAL OPERATING | West Chester, PA | $5K | 2023 |
| Absarokee Community FoundationGENERAL OPERATING | Absarokee, MT | $5K | 2023 |
| Just The PillGENERAL OPERATING | Saint Paul, MN | $5K | 2023 |
| Nye Community FoundationGENERAL OPERATING | Nye, MT | $5K | 2023 |
| Domestic Violence Center Of Chester CounGENERAL OPERATING | Coatesville, PA | $5K | 2023 |
| Buffalo Bill Center Of The WestGENERAL OPERATING | Cody, WY | $5K | 2023 |
| Habitat For HumanityGENERAL OPERATING | Atlanta, GA | $5K | 2023 |
| Homeboy IndustriesGENERAL OPERATING | Los Angeles, CA | $5K | 2023 |
| Willistown Conservation TrustGENERAL OPERATING | Newtown Square, PA | $5K | 2023 |
| Natural Lands TrustGENERAL OPERATING | Mendham, NJ | $5K | 2023 |
| Pa Home Of The SparrowGENERAL OPERATING | Exton, PA | $5K | 2023 |
| Paoli Hospital FoundationGENERAL OPERATING | Paoli, PA | $5K | 2023 |
| The Barn At SpringbrookGENERAL OPERATING | West Chester, PA | $5K | 2023 |
| Montana Shakespeare In The ParkGENERAL OPERATING | Bozeman, MT | $5K | 2023 |
| Coatesville Center For Community HealthGENERAL OPERATING | Coatesville, PA | $5K | 2023 |
| Red Lodge Area Community FoundationGENERAL OPERATING | Red Lodge, MT | $5K | 2023 |
| La Comunidad HispanaGENERAL OPERATING | Kennett Square, PA | $5K | 2023 |
| Alzheimer'S AssociationGENERAL OPERATING | Chicago, IL | $5K | 2023 |
| Bridge Of HopeGENERAL OPERATING | Coatesville, PA | $5K | 2023 |
| Planned Parenthood Of Southeast PaGENERAL OPERATING | Philadelphia, PA | $5K | 2023 |
| The Nature ConservancyGENERAL OPERATING | Johnstown, NE | $5K | 2023 |
| NolsGENERAL OPERATING | Lander, WY | $5K | 2023 |
| National Abortion FederationGENERAL OPERATING | Washington, DC | $5K | 2023 |
| Montana Wild Sheep FoundationGENERAL OPERATING | Missoula, MT | $5K | 2023 |
| Columbus Fire RescueGENERAL OPERATING | Columbus, MT | $5K | 2023 |
| Peter'S PlaceGENERAL OPERATING | Radnor, PA | $5K | 2023 |
| Maternal And Child Health ConsortiumGENERAL OPERATING | West Chester, PA | $5K | 2023 |
| Open HearthGENERAL OPERATING | Spring City, PA | $5K | 2023 |
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