Mission
TO SERVE AS A CATALYST TO REACH OUR GOD-GIVEN POTENTIAL AS A COMMUNITY WITH FUNDING, ACTIVITIES, AND EFFECTIVE STRATEGIC ACTIONS FOCUSED ON THE GREATER KNOXVILLE GEOGRAPHIC AREA.
Public Charity
CORNERSTONE FOUNDATION OF KNOXVILLE C/O EAST TENNESSEE FOUNDATION
CORNERSTONE FOUNDATION OF KNOXVILLE C/O EAST TENNESSEE FOUNDATION is a private foundation categorized as Public Charity based in KNOXVILLE, TN. Its most recent IRS filing (2018) reports revenue of $407K, expenses of $2.0M. Imperigo tracks 24 reported grants from this foundation totaling approximately $2.6M.
EIN: 621666220
KNOXVILLE, TN
Latest filing: 2018
Total Revenue$407K
Total Expenses$2.0M
Grants Given24
Grant Total$2.6M
Filing Years2017–2018
Where $100 goes at Cornerstone Foundation of Knoxville C/O East Tennessee Foundation
How Cornerstone Foundation of Knoxville C/O East Tennessee Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$60
Grant to supported organization, east tennessee foundation (etf) to close supporting foundation
$23
Upon closing of the foundation, granted the net book value of the remaining assets and liabilities of 4ms, LLC (a wholly owned single member LLC) to another not-for-profit…
$10
Depreciation expense for 2018 on assets owned by 4ms, LLC (wholly-owned single member LLC)
Source: Form 990 filings with the IRS, latest fiscal year 2018. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
CLOSE FOUNDATION
$1,247,792
EDUCATION PROGRAMS
$300,000
VAR. YOUTH PROGRAMS
$200,250
IMAG LIB/GEN SUPPORT
$187,873
COMPASSION COALITION
GENERAL SUPPORT
$160,000
Showing up to 5 of 24 total records — full history available with membership.
Officers & Directors
DIRECTOR
A David Martin
CHAIR
Dell R Lawler
TREASURER
F Rodney Lawler
PRESIDENT
J Laurens Tullock
DIRECTOR
Renda J Burkhart
DIRECTOR
William E Haslam
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2018 | $407K | $2.0M | — |
| 2017 | $1.8M | $2.1M | $6.4M |
Between 2017 and 2018, reported annual revenue declined from $1.8M to $407K (-77%).
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CA, TN.
CATN
Full geographic grant map with state-by-state breakdown available with membership.