The Cornerstone Giving Foundation

Private foundation · Grantmaker Houston, TX EIN: 87-4730414

The Cornerstone Giving Foundation is a private foundation focused on Education, based in Houston, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 5 grants totaling $11K.

The Cornerstone Giving Foundation at a glance

In short: The Cornerstone Giving Foundation gave $11K across 5 grants in 2024 (avg $2K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$10,950
-10.2% vs 2023
Grants made (2024)
5
-16.7% vs 2023
Average grant
$2,190
+7.7% vs 2023
Median grant
$2,500
Total assets
$10,609
-57.0% vs 2023
Primary geography
Texas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Cornerstone Giving Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Emmanuel Church of God: $4KEmmanuel Church of God$4KResurrection Lutheran Church: $3KResurrection Lutheran Church$3KPaul Korabandi: $3KPaul Korabandi$3KMC Food Bank: $1KMC Food Bank$1KThe Woodlands Church: $1KThe Woodlands Church$1K

The largest 2024 recipient was Emmanuel Church of God ($4K). Together the top 5 received $11K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

ConroeThe WoodlandsSpringHoustonKaty

How The Cornerstone Giving Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15KTotal only2022 6 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $5K (2022) to $12K (2023). In 2024 it made 5 grants totaling $11K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Emmanuel Church of God Conroe, TXContribution$3,750
Resurrection Lutheran Church Spring, TXContribution$2,500
Paul Korabandi Houston, TXCharitable Gift$2,500
MC Food Bank Conroe, TXCharitable Gift$1,200
The Woodlands Church The Woodlands, TXContribution$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 DistributionsDistributable Amount
2024$10,609—$14,076$10,9505$11,846$883
2023$24,685$10,000$18,950$12,2006$12,686$608
2022$28,635$35,000$6,365$4,650Total only——

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Under IRS private-foundation payout rules, The Cornerstone Giving Foundation reported a distributable amount of $883 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Cornerstone Giving Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kalpana R. Kocherla

    Director

    On filings since 2022

    No compensation reported

  • Roy Moparty

    Director

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 The Cornerstone Giving Foundation

How much does The Cornerstone Giving Foundation give each year?

The Cornerstone Giving Foundation gave $11K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12K across 6 grants.

What is The Cornerstone Giving Foundation's typical grant size?

The Cornerstone Giving Foundation's median grant in 2024 was $2,500, and its average grant was $2,190, across 5 grants on its 2024 IRS Form 990-PF.

Where does The Cornerstone Giving Foundation give grants?

The Cornerstone Giving Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Conroe, TX (2 grants).

Does The Cornerstone Giving Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The Cornerstone Giving Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (3 grants).

Who are The Cornerstone Giving Foundation's largest grantees?

The Cornerstone Giving Foundation's largest 2024 grantees include Emmanuel Church of God ($3,750), Resurrection Lutheran Church ($2,500) and Paul Korabandi ($2,500), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.

How large is The Cornerstone Giving Foundation?

The Cornerstone Giving Foundation reported $11K in total assets on its 2024 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $883 (roughly 5% of its investment assets).

What is The Cornerstone Giving Foundation?

The Cornerstone Giving Foundation is a private foundation focused on Education, based in Houston, TX. It holds $11K in total assets as of 2024.

What is The Cornerstone Giving Foundation's EIN?

The Cornerstone Giving Foundation's EIN (Employer Identification Number) is 87-4730414. IRS Form 990 filing data is available on this page for 2022–2024.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS October 4, 2023)
  2. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Cornerstone Giving Foundation'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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