Cornerstone Legacy Foundation

Organization Overview

Cornerstone Legacy Foundation is located in Irvine, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cornerstone Legacy Foundation generated $97.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $437.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Cornerstone Legacy Foundation has awarded 133 individual grants totaling $2,603,068. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $980
Dividends & Interest $6,020
Net Rental Income$0
Net Gain on Sale of Assets -$32,105
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $122,784
Total Revenue $97,679

Grants Awarded

Over the last fiscal year, Cornerstone Legacy Foundation has awarded $421,120 in support to 4 organizations.

Grant RecipientAmount

NATIONAL CHRISTIAN FOUNDATION

PURPOSE: SUPPORT OF EXEMPT FUNCTION

$350,000

HOAG HOSPITAL FOUINDATION

Org PageRecipient Profile

Newport Beach, CA

PURPOSE: SUPPORT OF EXEMPT FUNCTION

$50,000

WYCLIFF BIBLE TRANSLATORS

Org PageRecipient Profile

Orlando, FL

PURPOSE: SUPPORT OF EXEMPT FUNCTION

$12,000

FREE WHEELCHAIR MISSION

Org PageRecipient Profile

Irvine, CA

PURPOSE: SUPPORT OF EXEMPT FUNCTION

$9,120
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cornerstone Legacy Foundation has recieved totaling $400.

Awarding OrganizationAmount
Krislynn Foundation

Irvine, CA

PURPOSE: SUPPORT OF EXEMPT FUNCTION

$400
View Grant Recipient Profile

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