CORNERSTONE CHARITABLE FOUNDATION
1110 N INDEPENDENCE AVE, BELOIT, KS 67420 cornerstonecharitablefoundation.com

Total Revenue
$1,809,730
Total Expenses
$1,575,029
Net Assets
$-4,263,291

Organizations Filed Purposes: CORNERSTONE'S CHARITABLE FOUNDATION'S MISSION IS TO STRENGTHEN LOCAL CATHOLIC COMMUNITIES FOR FUTURE GENERATIONS BY PROVIDING GRANTS, LOANS, BOND FINANCING, STRUCTURED GIVING AND ENDOWMENT-BUILDING CAPABILITIES TO CATHOLIC SCHOOLS, PARISHES, FOUNDATION AND MISSION-SUPPORTIVE NONPROFIT ORGANIZATIONS IN BELOIT, KS, AND AROUND THE COUNTRY.

CORNERSTONE CHARITABLE FOUNDATION'S MISSION IS TO STRENGTHEN LOCAL CATHOLIC (SEE SCH O) COMMUNITIES FOR FUTURE GENERATIONS THROUGH PROVIDING GRANTS AND FINANCING PROGRAMS FOR CATHOLIC AND MISSION-SUPPORTIVE NONPROFIT ORGANIZATIONS.

UNDER ITS ENDOWMENT FUNDING PROGRAM, CORNERSTONE MAINTAINS ANDADMINISTERS AN INSURANCE PROGRAM WHICH INVOLVES THE PAYMENT OFLIFE INSURANCE PREMIUMS ON A POOL OF INSURANCE POLICIES OF WHICHCORNERSTONE IS THE OWNER AND BENEFICIARY.

UNDER ITS CONDUIT BOND PROGRAM, CORNERSTONE SERVES AS A BONDISSUER FOR OTHER MISSION-SUPPORTIVE ORGANIZATIONS.

UNDER ITS REAL ESTATE PROGRAM, CORNERSTONE ACQUIRES, MANAGES ANDDEVELOPS REAL ESTATE TO STRENGTHEN CATHOLIC COMMUNITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Joseph WalterPRESIDENT30$62,500
Jerome EilertTRUSTEE5$0
David DubbertTRUSTEE3$0
Jeff BechardTRUSTEE2$0
Dean GenglerSECRETARY/TRUSTEE10$0
Douglas EilertTREASURER/TRUSTEE5$0
Dan EllenzVICE PRESIDENT/TRUSTEE1$0
Douglas ThiessenCHAIRMAN/TRUSTEE4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033219349312338_public.xml