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
Under IRS private-foundation payout rules, 4 Cornerstones Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include University of Oregon Foundation ($550,000), Special Olympics Minnesota Inc ($500,000), Little Way Pregnancy Resource Center Inc ($265,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHURCH OF ST PATRICK'S EDINA EDINA, MN | GENERAL SUPPORT | $12,000 |
| ST MATHIAS CATHOLIC CHURCH HAMPTON, MN | GENERAL SUPPORT | $6,000 |
| ST JOHN THE BAPTIST CHURCH VERMILLION, MN | GENERAL SUPPORT | $6,500 |
| ST JOHN THE BAPTIST CATHOLIC SCHOOL VERMILLION, MN | GENERAL SUPPORT | $6,500 |
| ST MARY'S CATHOLIC CHURCH HAMPTON, MN | GENERAL SUPPORT | $6,000 |
| CF FOUNDATION MINNEAPOLIS, MN | GENERAL SUPPORT | $10,000 |
| DAVIS PHINNEY FOUNDATION LOUISVILLE, CO | GENERAL SUPPORT | $6,000 |
| FIRST TEE SOUTHERN COLORADO COLORADO SPRINGS, CO | GENERAL SUPPORT | $50,000 |
| UNITEDHEALTHCARE CHILDREN'S FOUNDATION MINNEAPOLIS, MN | GENERAL SUPPORT | $100,000 |
| PRAIRIECARE FUND BROOKLYN PARK, MN | GENERAL SUPPORT | $25,000 |
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
Frequently Asked Questions
What does 4 Cornerstones Foundation fund?
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.
How do I apply for a grant from 4 Cornerstones Foundation?
**Grant Activity & Amounts:** • Total annual giving: $2,195,500 (2023) • Number of grants: 17 (2023) • Median grant size: $25,000 • Grant range: $1,000 to $682,000 • Typical awards: $100–$1,025,000 **Application Process:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Where does 4 Cornerstones Foundation make grants?
The foundation operates across multiple states, including Arizona, Colorado, Illinois, Massachusetts, Maryland, Minnesota, New York, Ohio, Oregon, Pennsylvania, Virginia, and Wisconsin.
What size grants does 4 Cornerstones Foundation award?
In 2024, 4 Cornerstones Foundation awarded 26 grants totaling $2.3M — an average of about $87K per grant, based on its IRS Form 990 filings.
How much is 4 Cornerstones Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 4 Cornerstones Foundation reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 4 Cornerstones Foundation's EIN?
4 Cornerstones Foundation's EIN (Employer Identification Number) is 84-4038769. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in 4 Cornerstones Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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