Cornerstone Foundation

Private foundation · Grantmaker Gig Harbor, WA EIN: 91-1997803

Cornerstone Foundation is a private foundation, based in Gig Harbor, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $630K in total assets. In 2025, it awarded 3 grants totaling $8K. Net investment income was $255K.

Cornerstone Foundation at a glance

In short: Cornerstone Foundation gave $8K across 3 grants in 2025 (avg $3K), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$8,292
-15.6% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$2,764
-15.6% vs 2024
Median grant
$1,292
Total assets
$629,529
+73.2% vs 2024
Primary geography
California (72% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Cornerstone Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

BCMF: $6KBCMF$6KCompassion International: $1KCompassion International$1KBatGap Non-Profit: $1KBatGap Non-Profit$1K

The largest 2025 recipient was BCMF ($6K). Together the top 3 received $8K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

Colorado SpringsIrvineFairfieldMonrovia

How Cornerstone Foundation gives

  • Giving grew 163% from 2022 to 2025. Method
  • In 2025 it paid out 45% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 3 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $1K (2023) to $10K (2024). In 2025 it made 3 grants totaling $8K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
BCMF Irvine, CADonation$6,000
Compassion International Colorado Springs, CODonation$1,292
BatGap Non-Profit Fairfield, IADonation$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$629,529$24,380$8,292$8,2923$8,292$255,389$18,525
2024$363,430$33,257$9,824$9,8243$9,824—$16,984
2023$339,997$27,821$1,140$1,1401$1,140—$15,618
2022$314,456$7,735$3,510$3,1501$3,510—$10,309
2021$315,967$10,133$4,232$4,2321$4,232—$16,416
2020$334,893$30,009$7,148$7,1481—$13,493$14,644
2019$291,032$12,673$9,084$9,0841——$12,938

Under IRS private-foundation payout rules, Cornerstone Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Cornerstone Foundation is led by Dani Groff, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dani Groff

    President

    On filings since 2019

    No compensation reported

  • Yizhu Sun

    Treasurer

    On filings since 2019

    No compensation reported

Former officers (2)
  • Former: Becky Wenger (2019–2023) — Secretary
  • Former: Mildred Groff (2019–2021) — Vice President

Data from IRS Form 990 filings, 2019–2025. "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 Cornerstone Foundation

How much does Cornerstone Foundation give each year?

Cornerstone Foundation gave $8K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 3 grants.

What is Cornerstone Foundation's typical grant size?

Cornerstone Foundation's median grant in 2025 was $1,292, and its average grant was $2,764, across 3 grants on its 2025 IRS Form 990-PF.

Where does Cornerstone Foundation give grants?

Cornerstone Foundation gives mostly in California: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Colorado (16%) and Iowa (12%).

Does Cornerstone Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Cornerstone Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (3 grants).

How large is Cornerstone Foundation?

Cornerstone Foundation reported $630K in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Cornerstone Foundation's EIN?

Cornerstone Foundation's EIN (Employer Identification Number) is 91-1997803. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 4, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 3, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 2, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 8, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 14, 2024)

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