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Stephen L Cornwell Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2015. The principal officer is Allison C Moss. It holds total assets of $7.1M. Annual income is reported at $437K. Total assets have grown from $2.1M in 2014 to $7M in 2023. The foundation is governed by 6 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. Grantmaking is concentrated in North Carolina. According to available records, Stephen L Cornwell Foundation has made 61 grants totaling $1M, with a median grant of $15K. Annual giving has grown from $205K in 2020 to $580K in 2022. Individual grants have ranged from $3K to $45K, with an average award of $17K. The foundation has supported 25 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$21K
Largest Grant
$45K
Based on 10 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.
Stephen L Cornwell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NC.
Stephen L Cornwell Foundation has distributed a total of $1M across 61 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $3K to $45K.
Stephen L Cornwell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stephen L Cornwell Foundation is headquartered in CHARLOTTE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allison C Moss | DIR/PRES AND TREAS. | $24K | $0 | $24K |
| Brooke M Cornwell | DIR/ASST. SECRETARY | $0 | $0 | N/A |
| Samuel I Moss | DIRECTOR | $0 | $0 | N/A |
| Katie S Cornwell | DIRECTOR | $0 | $0 | N/A |
| Stephen L Cornwell | DIR/SECRETARY | $0 | $0 | N/A |
| W Lee Cornwell | DIR/VICE PRES. | $0 | $0 | N/A |
Total Giving
$376K
Total Assets
$7M
Fair Market Value
$7M
Net Worth
$7M
Grants Paid
$340K
Contributions
N/A
Net Investment Income
$265K
Distribution Amount
$380K
Total: $6.6M
Total Grants
61
Total Giving
$1M
Average Grant
$17K
Median Grant
$15K
Unique Recipients
25
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Foundation For The Carolinas Read CharlotteTO ASSIST IN EDUCATIONAL OPPORTUNITIES. | Charlotte, NC | $45K | 2022 |
| The Housing Partnership - Dreamkey PartnersTO ASSIST IN HOUSING OPPORTUNITIES. | Charlotte, NC | $40K | 2022 |
| Roof AbovePROGRAM SUPPORT. | Charlotte, NC | $40K | 2022 |
| Best NcPROGRAM SUPPORT. | Cary, NC | $25K | 2022 |
| Black Child Development Institute-CharlottePROGRAM SUPPORT. | Charlotte, NC | $20K | 2022 |
| Charlotte Bilingual PreschoolTO ASSIST IN EDUCATIONAL OPPORTUNITIES. | Charlotte, NC | $20K | 2022 |
| Heart Math TutoringPROGRAM SUPPORT. | Charlotte, NC | $20K | 2022 |
| Public School Forum Of NcPROGRAM SUPPORT | Raleigh, NC | $15K | 2022 |
| Uncc Charlotte Foundation For The Uncc Reading CampTO ASSIST IN EDUCATIONAL OPPORTUNITIES. | Charlotte, NC | $10K | 2022 |
| Rowan Helping MinistriesPROGRAM SUPPORT | Salisbury, NC | $10K | 2022 |
| Invest Early NcPROGRAM SUPPORT. | Raleigh, NC | $5K | 2022 |
| Boys And Girls Club Of Greater GastonDONATION TO PROVIDE RESOURCES FOR GASTON COUNTY YOUTH ENSURING A SAFE, POSITIVE PLACE THAT WILL HAVE A SIGNIFICANT IMPACT ON THEIR LIVES | Gastonia, NC | $5K | 2022 |
| Family Crisis CouncilPROGRAM SUPPORT | Spencer, NC | $5K | 2022 |
| Livingstone CollegeEDUCATION SUPPORT | Salisbury, NC | $5K | 2022 |
| Community Care Clinic Of Rowan CountyPROGRAM SUPPORT | Salisbury, NC | $5K | 2022 |
| Backpack Weekend Food ProgramDONATION TO PROVIDE WEEKEND MEALS TO STUDENTS IN GASTON COUNTY DURING THE SCHOOL YEAR | Gastonia, NC | $4K | 2022 |
| Bit Of Hope RanchDONATION FOR EQUINE ASSISTED THERAPY, WELLNESS AND EDUCATIONAL PROGRAMS | Gastonia, NC | $4K | 2022 |
| Crisis Assistance MinistryDONATION FOR EMERGENCY ASSISTANCE TO THOSE FACING FINANCIAL CRISIS INCLUDING FOOD, UTILITIES AND RENT | Gastonia, NC | $4K | 2022 |
| High Caliber AthleticsDONATION FOR RESOURCES TO ENCOURAGE YOUTH TO GET INVOLVED AND PARTICIPATE IN OUTDOOR ACTIVITIES | Bessemer City, NC | $4K | 2022 |
| Cancer Services Of Gaston CountyDONATION TO PROVIDE RESOURCES FOR CANCER PATIENTS AND THEIR CAREGIVERS | Gastonia, NC | $4K | 2022 |
| Charlotte Family HousingTO ASSIST IN HOUSING OPPORTUNITIES. | Charlotte, NC | $26K | 2021 |