Overview
What is The Cornerstone Group Foundation?
The Cornerstone Group Foundation is a charitable organization based in Minneapolis, Minnesota. Its mission is to enhance local communities by engaging in socially responsible philanthropy, particularly in areas where the foundation has business interests or volunteer commitment from its employees. One of their initiatives centers around promoting sustainable development in the Prospect Park neighborhood. The foundation supports various community projects, contributing to their transformation and betterment.
Is The Cornerstone Group Foundation legitimate?
The Cornerstone Group Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cornerstone Group Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of The Cornerstone Group Foundation?
The Cornerstone Group Foundation's mission is centered around community transformation through socially responsible philanthropy. They offer philanthropic support to communities where they have business operations or employee volunteer commitments. One of their initiatives focuses on fostering sustainable development in the Prospect Park neighborhood. The foundation's mission does not solely revolve around financial support but also encourages employee volunteerism.
Who is the CEO of The Cornerstone Group Foundation?
Colleen Carey is the President of The Cornerstone Group Foundation.
What is the revenue of The Cornerstone Group Foundation?
The Cornerstone Group Foundation's revenue in 2022 was $3,515.
Who are the executives of The Cornerstone Group Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Cornerstone Group Foundation?
The Cornerstone Group Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Cornerstone Group Foundation
The Cornerstone Group Foundation, a philanthropic organization, is dedicated to transforming communities. It accomplishes this mission by providing financial support to areas where the foundation has business ventures or strong employee volunteer commitments. One of its significant initiatives involves promoting sustainable development in the Prospect Park neighborhood. The foundation's mission is to positively impact communities, demonstrating a commitment to socially responsible philanthropy.
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Impact
October, 2024
The Cornerstone Group Foundation actively transforms communities through its commitment to socially responsible philanthropy. By providing support where it operates, the foundation enhances the quality of life for residents and fosters sustainable development initiatives, particularly in the Prospect Park neighborhood of Minneapolis, MN. Its efforts are driven by a mission to engage employees in volunteer work, harmonizing business endeavors with community needs. Through these initiatives, the foundation plays a crucial role in uplifting local communities and promoting a culture of giving and sustainability.
This information is meant to be a general summary of The Cornerstone Group Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15
- Gross Receipts: $3,515
Assets and Liabilities:
- Total Assets: $10,434
- Total Liabilities: $0
- Net Assets: $10,434
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Organization Details
Phone
(652) 484-6857Principal Officer
Colleen Carey
Main Address
5324 OLIVER AVENUE SOUTH, MINNEAPOLIS, MN, 55419
NTEE Category
Code: T50 - Philanthropy
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