Public Charity

CORNERSTONE FOUNDATION

CORNERSTONE FOUNDATION, of BILOXI, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $857K in revenue, $864K in expenses, $2.3M in total assets. 31 publicly reported grants to this organization, totaling roughly $505K, appear in IRS filings.

EIN: 640819423 BILOXI, MS International Development NTEE: Q30 Latest filing: 2024
Total Revenue$857K
Total Expenses$864K
Total Assets$2.3M
Grant Records31
Funding Total$505K
Filing Years2020–2024

Mission

THE CORNERSTONE FOUNDATION IS DEDICATED TO THE GLORY OF GOD AND THE FULFILLMENT OF THE GREAT COMMISSION THROUGH MINISTRY TO THE BODY, SOUL, AND SPIRIT OF THOSE IN NEED. WE WILL ANSWER THIS CALLING THROUGH SERVICES SUCH AS MEDICAL CARE, CHILD CARE, COMMUNITY DEVELOPMENT AND EDUCATION.

Where $100 goes at Cornerstone Foundation

How Cornerstone Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$12 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 $88 for programs

$74
Hospital loma de luz cared for approximately 27,396 patients of minimal resources offering full-time medical care of the highest quality in areas of family practice, pediatrics, cardiology, internal…
85% of program spending · Reported in the filing: 27,396 patients of minimal
$10
Ongoing housing/care of poorest patient families and patients from other parts of the country at the sanctuary center and childrens center
11% of program spending
$4
Escuela el camino offered classes for full time students including geography, art, music and reading
4% of program spending
Share on LinkedIn Share on Facebook
Add this to your website

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.

Officers & Directors

GENERAL ADVISOR Andrea Hyrszczuk
SECRETARY Bruce Coble
PRESIDENT Dr Jeff Mckenney
TREASURER Dr Wade Bishop
CONSTRUCTION Jerry Caffey
RECORDER Jill Coble

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$267,858 4 grants
General Support
$143,474 17 grants
Human & Social Services
$33,500 4 grants
International Aid & Development
$32,600 2 grants
Education
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $857K $864K $2.3M
2023 $792K $691K $2.3M
2022 $922K $782K $2.2M
2021 $1.2M $998K $2.1M
2020 $1.1M $892K $1.9M

Between 2020 and 2024, reported annual revenue declined from $1.1M to $857K (-24%), with total assets most recently reported at $2.3M.

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

See the full picture for CORNERSTONE FOUNDATION

Complete financials, all 31 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time