Corner Foundation Inc
Corner Foundation Inc is a private foundation based in New York, NY. Its 2024 filing lists 50 grants totaling $1,250,200 to charitable organizations, including recipients in New York and other states.
Corner Foundation Inc at a glance
In short: Corner Foundation Inc gave $1.3M across 50 grants in 2024 (avg $25K), top state New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,250,200
- -22.5% vs 2023
- Grants made (2024)
- 50
- -23.1% vs 2023
- Average grant
- $25,004
- +0.8% vs 2023
- Median grant
- $10,000
- Total assets
- $16,265,748
- +1.7% vs 2023
- New grantees (estimate)
- 24% first-time grantees (12 of 49, 2024)
- Primary geography
- New York (49% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Corner Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 387 Park Avenue South, New York, NY 10016
Phone: (212) 672-1000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Corner Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Nols ($500K). Together the top 10 received $943K.
Grant Size Distribution
296 grants across all recorded years
The most common grant size was under $50K: 262 grants of 296 (89%).
Geographic Focus
Where this funder awards grants
In 2024, recipient states accounted for the following shares of grant dollars: New York, 49%; Wyoming, 40%; New Jersey, 8%; Texas, 1%; and Virginia, 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 50 itemized grants.
States
Cities
Is Corner Foundation Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 12 of 49 grantees (24%) were first-time recipients. First grants averaged $9K; repeat grants $31K. How we count
Medians: $5K first-time, $10K repeat.
- 59% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $1.6M (2022). In 2024 it made 50 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nols Lander, WY | Charitable | $500,000 |
| Blair Academy Blairstown, NJ | Charitable | $100,000 |
| Memorial Sloan-Kettering New York, NY | Charitable | $100,000 |
| Central Synagogue New York, NY | Charitable | $75,000 |
| City Harvest Inc New York, NY | Charitable | $40,000 |
| Kasey's Key Buffalo, NY | Charitable | $35,000 |
| Hospital for Special Surgery New York, NY | Charitable | $25,000 |
| IRC - International Rescue Committee New York, NY | Charitable | $25,000 |
| Untermyer Gardens Conservancy Yonkers, NY | Charitable | $23,000 |
| Center for Family Life in Sunset Park Brooklyn, NY | Charitable | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $16,265,748 | $1,686,322 | $1,412,872 | $1,250,200 | 50 | $1,250,312 | $1,523,311 | $946,823 |
| 2023 | $15,992,509 | $1,248,003 | $1,737,549 | $1,612,250 | 65 | $1,612,357 | $1,126,039 | $894,977 |
| 2022 | $16,482,169 | $2,278,160 | $1,812,632 | $1,616,550 | 65 | $1,616,678 | $2,081,767 | $918,166 |
| 2021 | $16,016,641 | $1,446,714 | $1,255,579 | $1,158,634 | 58 | $1,162,934 | $1,352,769 | $994,860 |
| 2020 | $15,828,606 | $1,272,314 | $1,254,829 | $1,137,150 | 58 | — | $1,155,451 | $814,588 |
Under IRS private-foundation payout rules, Corner Foundation Inc reported a distributable amount of $947K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Blair Academy describes its work as providing a college-preparatory boarding-school education focused on individual student development. The Untermyer Gardens Conservancy says it is dedicated to revitalizing and maintaining a public garden in Yonkers, while the Children’s Tumor Foundation says its mission is to advance research, knowledge, and care for the NF community. The Center for Family Life in Sunset Park describes its work as providing neighborhood-based family and social services.
Other 2024 recipients include organizations whose stated missions concern reproductive health services, parks and community programs, Jewish heritage, and equitable housing solutions.
Grantmaking
In 2024, the foundation made 50 grants totaling $1,250,200. Grants ranged from $500 to $500,000, with a median grant of $10,000. The largest listed grants were $500,000 to NOLS; $100,000 each to Blair Academy and Memorial Sloan-Kettering; $75,000 to Central Synagogue; and $40,000 to City Harvest Inc. Other listed recipients included Kasey’s Key ($35,000), Hospital for Special Surgery ($25,000), the International Rescue Committee ($25,000), Untermyer Gardens Conservancy ($23,000), Center for Family Life in Sunset Park ($20,000), Children’s Tumor Foundation ($20,000), and NYU Medical Center ($20,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Frederick Elghanayan as president; Diana Elghanayan as director, secretary, and treasurer; and Zoe Elghanayan and Ariel Elghanayan as directors.
Corner Foundation Inc is led by Frederick Elghanayan, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frederick Elghanayan
President
On filings since 2020
No compensation reported
Ariel Elghanayan
Director
On filings since 2020
No compensation reported
Diana Elghanayan
Director, Secretary & Treasurer
On filings since 2020
No compensation reported
Zoe Elghanayan
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Corner Foundation Inc
How much does Corner Foundation Inc give each year?
Corner Foundation Inc gave $1.3M across 50 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 65 grants.
What is Corner Foundation Inc's typical grant size?
Corner Foundation Inc's median grant in 2024 was $10,000, and its average grant was $25,004, across 50 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Corner Foundation Inc that year got $9K on average.
Where does Corner Foundation Inc give grants?
Corner Foundation Inc's top state is New York, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Wyoming (40%) and New Jersey (8%). The most frequent recipient cities were New York, NY (29 grants), Brooklyn, NY (2 grants) and Ithaca, NY (2 grants).
Does Corner Foundation Inc give general operating support?
Not in 2024: none of the 50 grants with a stated purpose on Corner Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (50 grants).
Who are Corner Foundation Inc's largest grantees?
Corner Foundation Inc's largest 2024 grantees include Nols ($500,000), Blair Academy ($100,000) and Memorial Sloan-Kettering ($100,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.
How large is Corner Foundation Inc?
Corner Foundation Inc reported $16.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $947K (roughly 5% of its investment assets).
What does Corner Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Blair Academy describes its work as providing a college-preparatory boarding-school education focused on individual student development. See mission & focus areas ↑
How do I apply for a grant from Corner Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Corner Foundation Inc's EIN?
Corner Foundation Inc's EIN (Employer Identification Number) is 46-4340215. IRS Form 990 filing data is available on this page for 2020–2024.
Does Corner Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Corner Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/corner-foundation-inc-morg_45aa3d8ed32441b39d56c90209dfbf91
BibTeX
@misc{grantable_464340215_2026,
author = {{Grantable}},
title = {{Corner Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/corner-foundation-inc-morg_45aa3d8ed32441b39d56c90209dfbf91},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Corner Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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