Cornerstone of Hope
Cornerstone of Hope is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 1 grants totaling $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$305K
-11.4% YoY
Annual Giving
$1K
-94.5% YoY
Grant Count
1
-92.3% YoY
Avg Grant Size
$1K
-28.6% YoY
Under IRS private-foundation payout rules, Cornerstone of Hope reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Cornerstone of Hope
Based on IRS filings
Cornerstone of Hope is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 1 grants totaling $1K.
Ready to take the next step with Cornerstone of Hope?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $304,940 | $344,188 | $353,135 |
| Revenue | $39,106 | $84,559 | $42,277 |
| Expenses | $79,798 | $99,328 | $78,692 |
| Qualifying Distributions | $32,450 | $52,250 | $31,975 |
| Net Investment Income | — | — | — |
| Distributable Amount | $16,160 | $17,505 | $18,474 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dallas Theological Seminary ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DALLAS THEOLOGICAL SEMINARY DALLAS, TX | GENERAL SUPPORT FUND | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUTH JUNE HUNT | PRESIDENT AND DIRECTOR | 5 | — |
| ELIZABETH LUND | SECRETARY AND TREASURER | 5 | — |
| PHILLIP PRATHER | BOARD OF DIRECTORS | 5 | — |
| JORDAN TYLER HUNT RAY | BOARD OF DIRECTORS | 5 | — |
Frequently Asked Questions
How large is Cornerstone of Hope?
As of 2024, Cornerstone of Hope holds $305K in total assets with $39K in annual revenue. It awarded 1 grants totaling $1K in 2024.
Where does Cornerstone of Hope operate?
Cornerstone of Hope has awarded grants in Colorado, Kentucky, Texas.
What size grants does Cornerstone of Hope award?
In 2024, Cornerstone of Hope awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Cornerstone of Hope required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cornerstone of Hope reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cornerstone of Hope's EIN?
Cornerstone of Hope's EIN (Employer Identification Number) is 75-2045805. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cornerstone of Hope's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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