4 Cornerstones Foundation is a private foundation based in Edina, Minnesota, designated as a 501(c)(3) organization. The foundation has been tax-exempt since July 2020. It operates as a grantmaking organization focused on supporting philanthropic initiatives across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$51.0M
+0.3% YoY
Annual Giving
$2.3M
+3.1% YoY
Grant Count
26
+52.9% YoY
Avg Grant Size
$87K
-32.6% YoY
Mission & Focus Areas
The foundation's primary funding focus is arts and culture initiatives. The foundation supports projects across various cities in the United States, including major urban centers such as New York, Chicago, and Boston, as well as smaller communities.
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Grant Range
$25,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation operates across multiple states, including Arizona, Colorado, Illinois, Massachusetts, Maryland, Minnesota, New York, Ohio, Oregon, Pennsylvania, Virginia, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $50,896,073 (2023)
- Total Giving: $2,195,500 (2023)
- Total Revenue: $2,400,000 (2023)
- Total Expenses: $2,220,000 (2023)
- Total Liabilities: $0 (2023)
- Giving Rate: 4.3% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $51,049,850 | $50,896,073 | $50,718,036 |
| Revenue | $2,488,537 | $2,398,798 | $688,466 |
| Expenses | $2,334,760 | $2,215,670 | $3,325,653 |
| Qualifying Distributions | $2,291,905 | $2,208,360 | $2,643,493 |
| Net Investment Income | $2,488,537 | $2,398,798 | $688,306 |
| Distributable Amount | $2,497,331 | $2,503,529 | $2,461,293 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Anne Wichmann – President
- David Wichmann – Secretary
- Therese Wichmann – Treasurer
All key personnel serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANNE WICHMANN | PRESIDENT | 6 | — |
| DAVID WICHMANN | SECRETARY | 1 | — |
| THERESE WICHMANN | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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