GRAND RAPIDS, MI
Cornerstone University
Quick Facts
- EIN
- 38-1443369
- Location
- GRAND RAPIDS, MI
- Category
- Education
- NTEE Code
- B430
- Total Assets
- $106.6M
- Annual Income
- $51.8M
- Annual Revenue
- $47.2M
- IRS Ruling Year
- 1994
- Tax Subsection
- 501(c)(03)
About This Organization
Cornerstone University is a nonprofit organization based in GRAND RAPIDS, MI. It received its IRS tax-exempt ruling in 1994. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $106.6M. Annual income is $51.8M. The organization has received $3.1M in foundation grants from 22 funders. It has received $27.5M in federal awards from 1 agency.
Grants Received from Foundations
Foundation grants awarded to Cornerstone University, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Monticello College Foundation | $15K | 2024 | SINGLE MOTHER SCHOLARSHIPS |
| Fidelity Foundation | $3K | 2024 | FIDELITY MATCHING GIFTS TO EDUCATION |
| Fidelity Foundation | $1K | 2024 | FIDELITY MATCHING GIFTS TO EDUCATION |
| Onequest Foundation | $650K | 2023 | UNRESTRICTED GRANT TO GENERAL FUND |
| Lloyd And Mabel Johnson Foundation | $30K | 2023 | OPERATIONS |
| Lloyd And Mabel Johnson Foundation | $30K | 2023 | OPERATIONS |
| Mojo Foundation | $20K | 2023 | GENERAL SUPPORT |
| Monticello College Foundation | $15K | 2023 | SINGLE MOTHER SCHOLARSHIPS |
| The Steve & Amy Van Andel Foundation | $15K | 2023 | EDUCATION |
| Monticello College Foundation | $15K | 2023 | SINGLE MOTHER SCHOLARSHIPS |
| Leslie V & Stella Raymond Foundation Inc. | $10K | 2023 | Educational Scholarships |
| Thomasson Foundation Inc. | $9K | 2023 | EDUCATION |
| Mccurdy Memorial Scholarship Foundation | $2K | 2023 | EDUCATIONAL |
| Leslie V & Stella Raymond Foundation Inc. | $2K | 2023 | Educational Scholarships |
| Robert & Timothy Sullivan Scholarship Fund Trust | $1K | 2023 | SCHOLARSHIP |
| Church Mutual Insurance Company Foundation Inc. | $250 | 2023 | MATCHING GIFT - LAYNE KREH |
| Onequest Foundation | $510K | 2022 | UNRESTRICTED GRANT TO GENERAL FUND |
| Onequest Foundation | $510K | 2022 | UNRESTRICTED GRANT TO GENERAL FUND |
| The David And Carol Van Andel Family Foundation | $100K | 2022 | CHRISTIAN EDUCATION |
| The David And Carol Van Andel Family Foundation | $100K | 2022 | CHRISTIAN EDUCATION |
| The Ahmanson Foundation | $50K | 2022 | PALEY SCULPTURE INSTALLATION AT DE WITT CENTER FOR SCIENCE AND TECHNOLOGY |
| The Ahmanson Foundation | $50K | 2022 | PALEY SCULPTURE INSTALLATION AT DE WITT CENTER FOR SCIENCE AND TECHNOLOGY |
| Lloyd And Mabel Johnson Foundation | $30K | 2022 | OPERATIONS |
| Mojo Foundation | $20K | 2022 | GENERAL SUPPORT |
| Mojo Foundation | $20K | 2022 | GENERAL SUPPORT |
| The Steve & Amy Van Andel Foundation | $15K | 2022 | EDUCATION |
| The Steve & Amy Van Andel Foundation | $15K | 2022 | EDUCATION |
| Nivison Family Foundation | $13K | 2022 | CONTRIBUTION WHERE NEEDED MOST |
| Nivison Family Foundation | $13K | 2022 | CONTRIBUTION WHERE NEEDED MOST |
| Thomasson Foundation Inc. | $9K | 2022 | EDUCATION |
| Thomasson Foundation Inc. | $9K | 2022 | EDUCATION |
| Pfizer Foundation Inc. | $5K | 2022 | MATCHING GIFTS |
| Pfizer Foundation Inc. | $5K | 2022 | MATCHING GIFTS |
| Thomas And Dorothy Leavey Foundation | $3K | 2022 | PAYMENT FOR EDUCATIONAL PURPOSES |
| Thomas And Dorothy Leavey Foundation | $3K | 2022 | PAYMENT FOR EDUCATIONAL PURPOSES |
| Thomas And Dorothy Leavey Foundation | $3K | 2022 | PAYMENT FOR EDUCATIONAL PURPOSES |
| Thomas And Dorothy Leavey Foundation | $3K | 2022 | PAYMENT FOR EDUCATIONAL PURPOSES |
| Leslie V & Stella Raymond Foundation Inc. | $2K | 2022 | Educational Scholarships |
| Leslie V & Stella Raymond Foundation Inc. | $2K | 2022 | Educational Scholarships |
| Robert & Timothy Sullivan Scholarship Fund Trust | $1K | 2022 | SCHOLARSHIP |
| Niccum Educational Trust Foundation First National Bank Of Goshen Ttee | $750 | 2022 | GENERAL |
| W K Kellogg Foundation | $500 | 2022 | matching grant |
| W K Kellogg Foundation | $500 | 2022 | matching grant |
| Church Mutual Insurance Company Foundation Inc. | $250 | 2022 | MATCHING EMPLOYEE GIFT - KREH |
| Radiance Foundation | $250 | 2022 | GENERAL PURPOSE - WCSG OUTREACH |
| Radiance Foundation | $250 | 2022 | GENERAL PURPOSE - WCSG OUTREACH |
| Arthur J Gallagher Foundation | $100 | 2022 | GENERAL EXEMPT PURPOSE |
| Onequest Foundation | $550K | 2021 | UNRESTRICTED GRANT TO GENERAL FUND |
| Douglas & Maria Devos Foundation | $200K | 2021 | PROJECT/PROGRAM - MINISTRY LEADERS SCHOLARSHIP |
| Lilly Endowment Inc. | $50K | 2021 | PATHWAYS FOR TOMORROW INITIATIVE |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Education | 10 awards totaling $27,548,384 | $27.5M | 2021 |
Frequently Asked Questions
What does Cornerstone University do?
Cornerstone University is a nonprofit organization focused on education, based in GRAND RAPIDS, MI. It is classified under IRC Section 501(c)(03).
Who funds Cornerstone University?
Cornerstone University has received foundation grants from Monticello College Foundation, Fidelity Foundation, Onequest Foundation, and others. It has also received federal awards from Department of Education.
What is Cornerstone University's annual revenue?
Cornerstone University reports total assets of $106.6M. Annual income is $51.8M.
Where is Cornerstone University located?
Cornerstone University is located in GRAND RAPIDS, MI.
Is Cornerstone University a 501(c)(3)?
Yes, Cornerstone University is a 501(c)(3) tax-exempt organization. Its EIN is 38-1443369. Donations to this organization may be tax-deductible.
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