The Cornerstone Foundation Inc logo

The Cornerstone Foundation Inc

DES PLAINES, IL EIN: 36-3289363 Website

RESPONDING TO THE GOSPEL, THE CORNERSTONE FOUNDATION IS THE ENDOWMENT ENSURING THE MINISTRIES AND FUTURE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION IS RESPONSIBLE FOR DEVELOPING ACTIVE SUPPORT FOR THE SOCIAL SERVICES PROVIDED BY LSSI. LSSI TOUCHES THE LIVES OF TENS OF THOUSANDS OF PEOPLE EACH YEAR, SERVING PEOPLE OF ALL AGES, RACES, RELIGIOUS, AND ECONOMIC CIRCUMSTANCES. LSSI HAS MORE THAN 190 PROGRAMS AT MORE THAN 80 SITES IN THE STATE OF ILLINOIS. THESE PROGRAMS CARE FOR SENIOR ADULTS, STRENGTHEN FAMILIES, HELP CHILDREN AND ADULTS DURING TIMES OF CRISIS, AND ASSIST THOSE WHO HAVE CHALLENGES RELATED TO DEVELOPMENTAL DISABILITIES OR ADDICTION PROBLEMS.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$32.2M

+8.7% YoY

Annual Giving

$1.2M

+41.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.2M

+41.2% YoY

About The Cornerstone Foundation Inc

Based on IRS filings

The Cornerstone Foundation Inc is a nonprofit organization focused on Human Services, based in DES PLAINES, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $32.2M in total assets. In 2025, it awarded 1 grants totaling $1.2M. Net investment income was $1.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Des PlainesSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$890K$2M$3M$4M202020212022202320242025
Metric202520242023
Total Assets$32,201,550$29,632,259$24,541,629
Revenue$1,640,173$3,237,849$1,877,324
Expenses$1,339,645$959,992$687,957
Qualifying Distributions
Net Investment Income$1,405,515$793,433$492,761
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$300K$600K$900K$1M1 grants20201 grants20212 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

LUTHERAN SOCIAL SERVICES…$1.2M

Grant Size Distribution

6 grants across all recorded years

<$50K1$50–100K$100–250K2$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
PR MICHEL CLARKCHAIRPERSON0.4
CAROL A POPLAWSKIVICE CHAIRPERSON0.4
MARY ANN SMITHSECRETARY0.4
THOMAS CUNNIFFTREASURER0.4
MARCIA A ANDERSONTRUSTEE0.4
SUSAN BERNARDITRUSTEE0.4
STEPHEN BISHOPTRUSTEE0.4
PR GREG BUSBOOMTRUSTEE0.4
WILLIAM BILL S FLECKTRUSTEE0.4
CONNIE FRANKENFELDTRUSTEE0.4
PR JOHN FREIDHEIMTRUSTEE0.4
SUSAN GILPINTRUSTEE0.4
RONALD KOK-ALBLASTRUSTEE0.4
NANCY NAGELTRUSTEE0.4
ROLAND PERSONTRUSTEE0.4
CHARLES PRICETRUSTEE0.4
PR ART PUOTINENTRUSTEE0.4
JON A THEEKE JRTRUSTEE0.4
MARK TOMAWTRUSTEE0.4
BONALYNN WALLACHTRUSTEE0.4
MARK A STUTRUDCEO1
DAVID NOVAKVP OF ADVANCEMENT1
LISA SROGAVP FINANCE/CFO1
DAVID K WILDSDIR OF TREASURY SERVICES1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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