The California State Capitol

Form 990-PFTax year 2024EIN 20-0470994

Cornerstone Legacy Foundation

A private foundation in Irvine, CA. Its return for tax year 2024 lists 8 grants and $398,640 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $398,640

    Grants listed
    8
    Assets, end of year
    $784,663
  • Tax year 2023

    $1,726,866

    Grants listed
    11
    Assets, end of year
    $945,160
  • Tax year 2022

    $799,900

    Grants listed
    4
    Assets, end of year
    $2,329,636
  • Tax year 2021

    $421,120

    Grants listed
    4
    Assets, end of year
    $3,247,379
  • Tax year 2020

    $782,325

    Grants listed
    11
    Assets, end of year
    $3,502,180
  • Tax year 2019

    $761,200

    Grants listed
    34
    Assets, end of year
    $3,760,187

Grants paid in 2024

8 grants, largest first

As listed on the return.

  1. National Christian FoundationCosta Mesa, CA

    Support of exempt function

    $295,000
  2. Hoag Hospital FoundationNewport Beach, CA

    Support of exempt function

    $50,000
  3. Trinity Fellowship ChurchAmarillo, TX

    Support of exempt function

    $20,000
  4. Wycliff Bible TranslatorsOrlando, FL

    Support of exempt function

    $12,000
  5. California Family CouncilFresno, CA

    Support of exempt function

    $10,000
  6. Family Research CouncilWashington, DC

    Support of exempt function

    $9,640
  7. Mariners ChurchIrvine, CA

    Support of exempt function

    $1,000
  8. Samaritan's PurseBoone, NC

    Support of exempt function

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Health1 grant $50,00071% of the total
  2. Civil rights1 grant $10,00014% of the total
  3. Human services1 grant $9,64014% of the total
  4. Religion1 grant $1,0001% of the total

By State

Grants to organizations with a US address, latest year.

  1. California4 grants $356,000
  2. Texas1 grant $20,000
  3. Florida1 grant $12,000
  4. District of Columbia1 grant $9,640
  5. North Carolina1 grant $1,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Gerald PharrisCEO Hours 2Pay $0
  • Lynn PharrisSECRETARY / CFO Hours 2Pay $0
  • Catherine AndersonDIRECTOR Hours 0.5Pay $0
  • Brian PharrisDIRECTOR Hours 0.5Pay $0
  • Jonathan PharrisDIRECTOR Hours 0.5Pay $0

The return

More foundations

Similar foundations

Same main cause (health), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Roberto FoundationIrvine, CA 4 grants Preselected only $1,500,000 giving
  2. Tanimura Family FoundationSalinas, CA 19 grants Preselected only $398,500 giving
  3. The Heart FoundationWestlake Village, CA 1 grant Preselected only $400,000 giving
  4. The Lever Family FoundationEncino, CA 38 grants Preselected only $404,183 giving
  5. The Madison Foundation for Families IncNewport Beach, CA 11 grants Preselected only $392,500 giving