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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. Total assets have grown from $3.1M in 2011 to $7.7M in 2024. The foundation is governed by 3 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 2021 to 2024. The foundation primarily funds organizations in Pennsylvania and Montana. 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.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$24K
Based on 78 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.
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 | N/A |
| Frances M Abbott | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.7M
Fair Market Value
N/A
Net Worth
$7.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Kieve Wavus Education IncGENERAL OPERATING | Nobleboro, ME | $19K | 2023 |
| Community Volunteers In MedicineGENERAL OPERATING | West Chester, PA | $15K | 2023 |
| Brandywine ConservancyGENERAL OPERATING | Chadds Ford, PA | $15K | 2023 |
| Stroud Water ResearchGENERAL OPERATING | Avondale, PA | $15K | 2023 |
| Chester County Hospital FoundationGENERAL OPERATING | West Chester, PA | $15K | 2023 |
| Planned Parenthood NationalGENERAL OPERATING | New York, NY | $15K | 2023 |
| Montana Land RelianceGENERAL OPERATING | Helena, MT | $14K | 2023 |
| Friends AssociationGENERAL OPERATING | West Chester, PA | $10K | 2023 |
| Philadelphia ZooGENERAL OPERATING | Philadelphia, PA | $10K | 2023 |
| Beartooth Hospital And Health CenterGENERAL OPERATING | Red Lodge, MT | $10K | 2023 |
| Project HomeGENERAL OPERATING | Philadelphia, PA | $10K | 2023 |
| Church Farm SchoolGENERAL OPERATING | Exton, PA | $10K | 2023 |
| Chester County Food BankGENERAL OPERATING | Exton, PA | $10K | 2023 |
| Stillwater Billings ClinicGENERAL OPERATING | Columbus, MT | $10K | 2023 |
| Westtown SchoolGENERAL OPERATING | West Chester, PA | $10K | 2023 |
| Thorncroft Therapeutic RidingGENERAL OPERATING | Malvern, PA | $10K | 2023 |
| The Center For Early EducationGENERAL OPERATING | West Hollywood, CA | $9K | 2023 |
| Gallatin Valley Lands TrustGENERAL OPERATING | Bozeman, MT | $9K | 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 |
| Edible SchoolyardGENERAL OPERATING | Brooklyn, NY | $5K | 2023 |
| Just The PillGENERAL OPERATING | Saint Paul, MN | $5K | 2023 |
| Alzheimer'S AssociationGENERAL OPERATING | Chicago, IL | $5K | 2023 |
| The Nature ConservancyGENERAL OPERATING | Johnstown, NE | $5K | 2023 |
| NolsGENERAL OPERATING | Lander, WY | $5K | 2023 |
| Homeboy IndustriesGENERAL OPERATING | Los Angeles, CA | $5K | 2023 |
| Coatesville Center For Community HealthGENERAL OPERATING | Coatesville, PA | $5K | 2023 |
| The Barn At SpringbrookGENERAL OPERATING | West Chester, PA | $5K | 2023 |
| Camphill SoltaneGENERAL OPERATING | Glenmoore, PA | $5K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA