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Form 990-PFTax year 2024EIN 23-2593411

Cornerstone Foundation

A private foundation in Elverson, PA. Its return for tax year 2024 lists 26 grants and $1.7 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

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

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $1,656,455

    Grants listed
    26
    Assets, end of year
    $24,634,295

  • Tax year 2023

    $1,972,725

    Grants listed
    33
    Assets, end of year
    $24,837,260

  • Tax year 2022

    $1,802,645

    Grants listed
    33
    Assets, end of year
    $26,237,100

  • Tax year 2021

    $2,058,032

    Grants listed
    32
    Assets, end of year
    $27,360,921

  • Tax year 2020

    $1,445,428

    Grants listed
    32
    Assets, end of year
    $26,393,662

  • Tax year 2019

    $1,942,819

    Grants listed
    25
    Assets, end of year
    $26,557,128

  • Tax year 2018

    $1,394,851

    Grants listed
    21
    Assets, end of year
    $28,297,242

Grants paid in 2024

26 grants, largest first

As listed on the return.

  1. Camp KanesatakeSpruce Creek, PA

    Charitable, camp scholarships

    $300,000
  2. Operation Renewed HopeFayetteville, NC

    Charitable, ministry, domestic and international humanitarian needs

    $200,000
  3. Camp Loma DevidaEdinburg, TX

    Charitable, camp scholarships, security related projects

    $150,000
  4. Deer Creek CampKerrville, TX

    Charitable, facilities project

    $150,000
  5. Grand View CampSellersville, PA

    Charitable, camp scholarships

    $145,000
  6. Red Cliff Bible CampPinedale, WY

    Charitable, building projects

    $124,000
  7. Bay Cities FellowshipPalm Harbor, FL

    Charitable, hurricane relief

    $100,000
  8. AbweHarrisburg, PA

    Charitable, scholarhips

    $82,700
  9. Biblical Ministries WorldwideLawrenceville, GA

    Charitable, waasayaa north bible camp

    $50,000
  10. Bethany ChurchReading, PA

    Charitable, latin american outreach training

    $45,000
  11. Camp ChetekChetek, WI

    Charitable, camp scholarships

    $40,000
  12. Ironwood CampNewberry Springs, CA

    Charitable, camp scholarships

    $40,000
  13. Biblical Education for Latin AmericaEdinburg, TX

    Charitable, UCLA project

    $32,000
  14. All Points Baptist MissionNew Philadelphia, OH

    Charitable, ethan shield hangar fund

    $30,000
  15. Woodlands CampCleveland, GA

    Charitable, camp scholarships

    $25,000
  16. Building Great LeadersTaylors, SC

    Charitable, year end gift

    $20,000
  17. Grace Baptist ChurchDracula, GA

    Charitable, new roof

    $20,000
  18. Longview CampArcade, NY

    Charitable, camp scholarships, zipline

    $20,000
  19. Southland Christian MinistriesRinggold, LA

    Charitable, camp scholarships

    $15,125
  20. Iowa Regular Baptist CampVentura, IA

    Charitable, camp scholarships

    $15,000
  21. Camp CalvaryBernville, PA

    Charitable, camp scholarships

    $12,000
  22. Set Centers InternationalSt Petersburg, FL

    Charitable, grace reigns project

    $10,000
  23. The Wilds of New EnglandDeering, NH

    Charitable, camp scholarships

    $10,000
  24. Oremundo IncPalmhurst, TX

    Charitable, missionaries

    $8,000
  25. Appalachian Bible CollegeMount Hope, WV

    Charitable, camp scholarships

    $6,805
  26. High Point Baptist ChapelGeigertown, PA

    Charitable, camp scholarships

    $5,825

Where the money goes

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

  1. Sports and recreation1 grant $300,00063% of the total
  2. Religion2 grants $120,00025% of the total
  3. Education3 grants $55,12512% of the total

By State

Grants to organizations with a US address, latest year.

  1. Pennsylvania6 grants $590,525
  2. Texas4 grants $340,000
  3. North Carolina1 grant $200,000
  4. Wyoming1 grant $124,000
  5. Florida2 grants $110,000
  6. Georgia3 grants $95,000
  7. California1 grant $40,000
  8. Wisconsin1 grant $40,000
  9. Ohio1 grant $30,000
  10. New York1 grant $20,000

Officers, directors and trustees

8 people as filed

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

  • Edward H ConePRESIDENT/TREASURER Hours 1Pay $0
  • Philip J ConeVICE PRESIDENT/SECRETARY Hours 1Pay $0
  • Derial H SandersDIRECTOR Hours 1Pay $0
  • Stephen E ConeDIRECTOR Hours 1Pay $0
  • Julie ZuberDIRECTOR Hours 1Pay $0
  • Jane ConeDIRECTOR Hours 1Pay $0
  • Michael T ConeDIRECTOR Hours 1Pay $0
  • Timothy ConeDIRECTOR Hours 1Pay $0

The return

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