The Cornerstone Giving Foundation

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11K

-57.0% YoY

Annual Giving

$11K

-10.2% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$2K

+7.7% YoY

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.

About The Cornerstone Giving Foundation

Based on IRS filings

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.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ConroeHoustonKatySpringThe Woodlands

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K202220232024
Metric202420232022
Total Assets$10,609$24,685$28,635
Revenue$10,000$35,000
Expenses$14,076$18,950$6,365
Qualifying Distributions$11,846$12,686
Net Investment Income
Distributable Amount$883$608

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K0 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

EMMANUEL CHURCH OF GOD$4KRESURRECTION LUTHERAN CH…$3KPAUL KORABANDI$3KMC FOOD BANK$1KTHE WOODLANDS CHURCH$1K

Grant Size Distribution

11 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Emmanuel Church of God ($3,750), Resurrection Lutheran Church ($2,500), Paul Korabandi ($2,500).

RecipientPurposeAmount
MC FOOD BANK CONROE, TXCHARITABLE GIFT$1,200
EMMANUEL CHURCH OF GOD CONROE, TXCONTRIBUTION$3,750
THE WOODLANDS CHURCH THE WOODLANDS, TXCONTRIBUTION$1,000
RESURRECTION LUTHERAN CHURCH SPRING, TXCONTRIBUTION$2,500
PAUL KORABANDI HOUSTON, TXCHARITABLE GIFT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KALPANA R KOCHERLADIRECTOR
ROY MOPARTYDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is The Cornerstone Giving Foundation?

As of 2024, The Cornerstone Giving Foundation holds $11K in total assets. It awarded 5 grants totaling $11K in 2024.

Where does The Cornerstone Giving Foundation operate?

The Cornerstone Giving Foundation has awarded grants in Texas.

What size grants does The Cornerstone Giving Foundation award?

In 2024, The Cornerstone Giving Foundation awarded 5 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Cornerstone Giving Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cornerstone Giving Foundation reported a distributable amount of $883 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in The Cornerstone Giving Foundation'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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