Cornerstone Foundation
Accepts applications
Cornerstone Foundation is a private foundation in Dallas, Texas. In tax year 2024 it gave $105,732 in 7 grants; the typical grant was $15,000 and the largest $44,500. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$105,732
- Number of grants7
- Typical grant$15,000
- Largest grant$44,500
- Assets$2.7 million
- New grantees43%
Giving in 2024 was up from $95,406 the year before.
43% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $112,686 | 7 | $2.2 million |
| 2023 | $95,406 | 7 | $2.6 million |
| 2024 | $105,732 | 7 | $2.7 million |
How to apply
| Contact | WWW Bankofamerica Comgrantmaking 100 Federal Street, Boston, MA 02110 |
|---|---|
| Phone or email | (888) 866-3275 |
| What to submit | No special form or application |
| Deadlines | September 1 |
| Restrictions | Tax exempt organizations providing programs or services to the greater boston area. |
What Cornerstone Foundation funds
Where it gives
All of its grants went to recipients in Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 7 | $105,732 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Mass Bay & Merrimack | Unrestricted general | $44,500 |
| First Methodist Church | Unrestricted general | $15,569 |
| Bethany Hill Place | Unrestricted general | $15,000 |
| Family Homeless Shelter - Family Promise | Unrestricted general | $15,000 |
| We Are Better Together | Unrestricted general | $14,500 |
| The Society of Jesus of New England | Unrestricted general | $823 |
| Catholic Charities Diocese of Worcester | Unrestricted general | $340 |
Officers and trustees
- Bank of America
Questions people ask
Does Cornerstone Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: September 1.
How much does Cornerstone Foundation give?
$105,732 in tax year 2024, across 7 grants, with a typical grant of $15,000.
Who runs Cornerstone Foundation?
Its 2024 filing lists Bank of America (Trustee).
What does Cornerstone Foundation fund?
Based on its grants, mainly human services and faith communities.