Public Charity

CORNERSTONE CHARITABLE FOUNDATION

CORNERSTONE CHARITABLE FOUNDATION is a Public Charity headquartered in BELOIT, KS. Financial data from the 2024 filing: $1.3M revenue, $2.2M expenses, $6.6M total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $805K.

EIN: 203106498 BELOIT, KS Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$1.3M
Total Expenses$2.2M
Total Assets$6.6M
Grants Given8
Grant Total$805K
Filing Years2019–2024

Mission

TO STRENGTHEN CATHOLIC COMMUNITIES FOR FUTURE GENERATIONS BY PROVIDING GRANTS, LOANS, BOND FINANCING, STRUCTURED GIVING, AND ENDOWMENT BUILDING CAPABILITIES TO CATHOLIC SCHOOLS, PARISHES, FOUNDATIONS, AND OTHER ORGANIZATIONS IN BELOIT, KS, AND THROUGHOUT THE COUNTRY

Where $100 goes at Cornerstone Charitable Foundation

How Cornerstone Charitable Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$10 Management running the organization
$3 Fundraising raising the next dollar

Inside the $87 for programs

$86
Under its endowment funding program, cornerstone maintains and administers and insurance program which involves the payment of life insurance premiums on a pool of insurance policies of which…
99% of program spending
$1
Under its real estate program, cornerstone acquires, manages and develops real estate to strengthen catholic communities
1% of program spending
<$1
Under its conduit bond program, cornerstone serves as a bond issuer for other mission-supportive organizations
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

ST JOHN THE BAPTIST PARISH
BELOIT, KS · 2024
RESTORATION OF CHURCH
$101,647
ST JOHN THE BAPTIST PARISH
BELOIT, KS · 2023
RESTORATION OF CHURCH
$50,000
ST JOHN'S CATHOLIC SCHOOL TEACHERS' SALARIES
BELOIT, KS · 2022
TEACHER COMPENSATION SUBSIDY
$145,920
ST JOHN'S CATHOLIC SCHOOL TEACHERS' SALARIES
BELOIT, KS · 2020
TEACHER COMPENSATION SUBSIDY
$200,000
ST JOHN THE BAPTIST CATHOLIC CHURCH
BELOIT, KS · 2019
TEACHER COMPENSATION SUBSIDY, HS BLEACHER REPLACEMENT, AND GREAT BOOKS PROGRAM
$135,348

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

TRUSTEE Brad Ellenz
VICE CHAIR Dan Ellenz
TRUSTEE David Dubbert
SECRETARY Dean Gengler
TREASURER Doug Eilert
CHAIR Douglas Thiessen

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$481,268 3 grants
Fundraising & Sponsorship
$170,391 1 grant
Religion & Spirituality
$151,647 2 grants
General Support
$1,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $2.2M $6.6M
2023 $2.0M $3.5M $7.4M
2022 $1.3M $1.4M $8.8M
2020 $3.0M $1.6M $13.9M
2019 $1.8M $1.6M $18.8M

Between 2019 and 2024, reported annual revenue declined from $1.8M to $1.3M (-27%), with total assets most recently reported at $6.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in KS.

KS

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CORNERSTONE CHARITABLE FOUNDATION

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