First Cornerstone Foundation Inc-Ima
Preselected recipients only
First Cornerstone Foundation Inc-Ima is a private foundation in West Chester, Pennsylvania. In tax year 2024 it gave $416,250 in 60 grants; the typical grant was $5,000 and the largest $18,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$416,250
- Number of grants60
- Typical grant$5,000
- Largest grant$18,000
- Assets$10.4 million
- New grantees20%
Giving in 2024 was down from $447,000 the year before.
20% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $447,000 | 73 | $9.9 million |
| 2024 | $416,250 | 60 | $10.4 million |
How to apply
First Cornerstone Foundation Inc-Ima says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What First Cornerstone Foundation Inc-Ima funds
Where it gives
Its grants went to recipients in 12 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 31 | $237,500 |
| Montana | 18 | $111,250 |
| California | 2 | $15,000 |
| Maine | 1 | $15,000 |
| District of Columbia | 1 | $5,000 |
| Nebraska | 1 | $5,000 |
| New Jersey | 1 | $5,000 |
| New York | 1 | $5,000 |
| Oregon | 1 | $5,000 |
| Virginia | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Montana Land Reliance | General operating | $18,000 |
| Chester County Hospital Foundation | General operating | $15,000 |
| Peters Place | General operating | $15,000 |
| Chester County Food Bank | General operating | $15,000 |
| Kieve Wavus Education Inc | General operating | $15,000 |
| Community Volunteers in Medicine | General operating | $15,000 |
| Stroud Water Research | General operating | $15,000 |
| The Center for Early Education | General operating | $10,000 |
| Friends Association | General operating | $10,000 |
| Thorncroft Therapeutic Riding | General operating | $10,000 |
| Beartooth Hospital and Health Center | General operating | $10,000 |
| Westtown School | General operating | $10,000 |
| West Chester Food Cupboard | General operating | $10,000 |
| Gallatin Valley Land Trust | General operating | $10,000 |
| Stillwater Billings Clinic | General operating | $10,000 |
| Philadelphia Zoo | General operating | $10,000 |
| Project Home | General operating | $10,000 |
| Bridge of Hope | General operating | $10,000 |
| Brandywine Conservancy | General operating | $10,000 |
| The Station Foundation | General operating | $8,000 |
| The Barn at Springbrook | General operating | $7,500 |
| Absarokee Community Foundation | General operating | $7,500 |
| Montana Shakespeare in the Park | General operating | $7,500 |
| Coatesville Center for Community | General operating | $5,000 |
| National Network of Abortion Funds | General operating | $5,000 |
| Planned Parenthood National | General operating | $5,000 |
| Red Lodge Area Community Foundation | General operating | $5,000 |
| Camphill Soltane | General operating | $5,000 |
| Church Farm School | General operating | $5,000 |
| Kennett Library | General operating | $5,000 |
| Open Hearth | General operating | $5,000 |
| Columbus Fire Rescue | General operating | $5,000 |
| National Abortion Federation | General operating | $5,000 |
| Brandywine Red Clay Alliance | General operating | $5,000 |
| Nye Community Foundation | General operating | $5,000 |
| Buffalo Bill Center of the West | General operating | $5,000 |
| Homeboy Industries | General operating | $5,000 |
| Paoli Hospital Foundation | General operating | $5,000 |
| Safe Harbor | General operating | $5,000 |
| Pa Home of the Sparrow | General operating | $5,000 |
Officers and trustees
- Frances M Abbott
- Frances H Abbott Jr
Questions people ask
Does First Cornerstone Foundation Inc-Ima accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does First Cornerstone Foundation Inc-Ima give?
$416,250 in tax year 2024, across 60 grants, with a typical grant of $5,000.
Who runs First Cornerstone Foundation Inc-Ima?
Its 2024 filing lists Frances M Abbott (Co-Trustee) and Frances H Abbott Jr (Secretary).
What does First Cornerstone Foundation Inc-Ima fund?
Based on its grants, mainly health, education and environment and conservation.