Cornerstone Foundation
EIN 232593411 Private FoundationTotal Given 2016–2024
$12.2M
205 grants · $1.4M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$40K
typical mid grants · $15K–$80K
grant size
60%
deep partner · 45/75 multi-year
repeat
$28.0M
Assets (2024)
75
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Phone
(610) 286-2946
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $571K | $20.5M | $-432K | 13 |
| 2017 | $1.3M | $29.5M | $10.2M | 15 |
| 2018 | $1.4M | $26.7M | $358K | 21 |
| 2019 | N/A | $28.5M | $432K | N/A |
| 2020 | $1.4M | $29.1M | $1.5M | 32 |
| 2021 | $2.1M | $29.7M | $3.2M | 32 |
| 2022 | $1.8M | $26.8M | $784K | 33 |
| 2023 | $2.0M | $26.9M | $979K | 33 |
| 2024 | $1.7M | $28.0M | $1.8M | 26 |
Grant Size Distribution
Based on 205 grants on record
Minimum
$483
25th Pctl
$15K
Median
$40K
Average
$60K
75th Pctl
$80K
Maximum
$500K
Geographic Distribution
Texas Counties Served
6.4% of US grants
· Rank #4 of 23 states
$1.2M across
13 grants
2 of 254 counties
Top 2 counties
- 1 Hidalgo
- 2 Kerr
Officers & Directors
EC
Edward H. Cone
9+ yrs
President/Treasurer
Leadership
PC
Philip J. Cone
9+ yrs
Vice President/Secretary
Leadership
TC
Timothy Cone
Director
MC
Michael T. Cone
6 yrs
Director
JC
Jane Cone
Director
JZ
Julie Zuber
9+ yrs
Director
SC
Stephen E. Cone
9+ yrs
Director
DS
Derial H. Sanders
9+ yrs
Director
Grants Awarded (205 total)
| Purpose | ||||
|---|---|---|---|---|
| BJU Inc | Greenville, SC | $500,000 | GROWTH INITIATIVE PROGRAM | 2017 |
| Faith Baptist Bible College | Ankeny, IA | $375,000 | BUILDING RENOVATION | 2021 |
| Biblical Ministries Worldwide | Lawrenceville, GA | $365,000 | CHARITABLE, CHURCH FEEDING PROJECT | 2023 |
| Camp Kanesatake | Spruce Creek, PA | $300,000 | CHARITABLE, CAMP SCHOLARSHIPS | 2024 |
| High Point Camp | Birdsboro, PA | $260,400 | CHARITABLE, CAMP SCHOLARSHIPS | 2023 |
| Crossway Baptist Church | Bakersfield, CA | $250,000 | BUILDING RENOVATION | 2017 |
| Inter-City Baptist Church and Ministries | Allen Park, MI | $205,000 | CHARITABLE, RESURRECTION CHURCH, GRACE BAPTIST MISSION | 2018 |
| Azteca Nacional AC | Guadalupe, None | $200,000 | CHARITABLE, UCLA | 2021 |
| Operation Renewed Hope | Fayetteville, NC | $200,000 | CHARITABLE, MINISTRY, DOMESTIC AND INTERNATIONAL HUMANITARIAN NEEDS | 2024 |
| Hope Children's Home | Tampa, FL | $175,000 | CHARITABLE, NEW FACILITY | 2018 |
| Biblical Ministries Worldwide | Lawrenceville, GA | $170,000 | CHARITABLE | 2020 |
| Bethany Church | Reading, PA | $170,000 | CHARITABLE, CHURCH BUILDING | 2021 |
| High Point Baptist Chapel | Geigertown, PA | $167,630 | CHARITABLE, CAMP SCHOLARSHIPS, GENERAL FUND | 2016 |
| Camp LOMA Devida | Edinburg, TX | $165,000 | CAMP SCHOLARSHIPS, REPAIR ROOF, NEW CABIN | 2018 |
| Camp LOMA Devida | Edinburg, TX | $155,000 | CAMP SCHOLARSHIPS, REPAIR ROOF, NEW CABIN | 2021 |
| Gospel Mission of South America | FT Lauderdale, FL | $151,500 | CHARITABLE, SHORT TERM MISSIONS TRIP | 2021 |
| West Side Baptist Church | Philadelphia, PA | $150,000 | CHARITABLE, BUILDING PROJECTS | 2020 |
| Camp LOMA Devida | Edinburg, TX | $150,000 | CHARITABLE, CAMP SCHOLARSHIPS, SECURITY RELATED PROJECTS | 2024 |
| Deer Creek Camp | Kerrville, TX | $150,000 | CHARITABLE, FACILITIES PROJECT | 2024 |
| Grand View Camp | Sellersville, PA | $145,000 | CAMP SCHOLARSHIPS, BUILDING PROJECTS | 2022 |
| Grand View Camp | Sellersville, PA | $145,000 | CHARITABLE, CAMP SCHOLARSHIPS | 2024 |
| Camp LOMA Devida | Edinburg, TX | $140,000 | CHARITABLE, MATERIALS FOR PROJECTS | 2023 |
| Grand View Camp | Sellersville, PA | $136,500 | SCHOLARSHIPS, STAFF HOUSING NEEDS, AND CAMP INN PROJECT | 2021 |
| Operation Renewed Hope | Fayetteville, NC | $132,500 | CHARITABLE, MINISTRY, DOMESTIC AND INTERNATIONAL HUMANITARIAN NEEDS | 2022 |
| International Baptist College | Chandler, AZ | $130,000 | DEBT REDUCTION | 2017 |
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