CORNERSTONE PUBLIC ASSET FUND, INC IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITITES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.7M
+1.2% YoY
Annual Giving
$2.3M
-1.1% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$387K
+15.4% YoY
About Cornerstone Public Asset Fund Inc
Based on IRS filings
Cornerstone Public Asset Fund Inc is a nonprofit organization focused on Environment & Animals, based in BENTON HARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.7M in total assets. In 2024, it awarded 6 grants totaling $2.3M. Net investment income was $131K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,671,890 | $26,362,568 | $25,339,428 |
| Revenue | $8,466,820 | $7,094,932 | $6,344,021 |
| Expenses | $7,429,497 | $6,261,224 | $5,590,561 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $130,967 | $73,265 | $5,474 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFF FETTIG | DIRECTOR | 1 | — |
| PAM KLYN | DIRECTOR | 1 | — |
| MIKE TODMAN | DIRECTOR | 1 | — |
| SAM ABDELNOUR | DIRECTOR | 1 | — |
| JOSH DOXTATOR | GENERAL MANAGER | 40 | $192,704 |
| CHRIS COOK | TREASURER | 40 | $251,165 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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