Public Charity

Cornerstone University

Cornerstone University, of Grand Rapids, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $47.2M in revenue, $48.2M in expenses, $106.6M in total assets. 93 publicly reported grants to this organization, totaling roughly $9.9M, appear in IRS filings.

EIN: 381443369 Grand Rapids, MI Latest filing: 2025
Total Revenue$47.2M
Total Expenses$48.2M
Total Assets$106.6M
Grant Records93
Funding Total$9.9M
Filing Years2021–2025

Mission

The University, including Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, exists to empower men and women to excel as influencers in our world for Christ by offering a student focused learning community where Jesus Christ is central.

Officers & Directors

VP for Academics Bradford Sample
Trustee Carole Bos
Trustee David Bernd
Trustee, Secretary David Pray
VP Finance / CFO David Veneklase Start 1023
VP for Strategic Initiatives Donald King

Officer compensation and complete director data available with membership.

Top Grant Purposes

GROWTH
$6,815,913 8 grants
For grant recipient's exempt purposes
$831,081 9 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$686,200 1 grant
COLLEGES AND UNIVERSITIES
$369,572 1 grant
CAPITAL CAMPAIGN - PROJECT 2020 NEW HOME FOR RADIO STATION
$250,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $47.2M $48.2M $106.6M
2024 $53.6M $55.3M $105.2M
2023 $53.4M $53.4M $104.7M
2022 $59.9M $56.2M $108.3M
2021 $58.1M $50.2M $108.7M

Between 2021 and 2025, reported annual revenue declined from $58.1M to $47.2M (-19%), with total assets most recently reported at $106.6M.

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

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