CORNERSTONE UNIVERSITY

As filed

Subsection

03

NTEE code

B430

Classification

2000

Street

1001 E BELTLINE AVE NE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• Academic instruction and academic support make up the educational expenses. The university has over 270 full- and part-time staff and faculty. We have just under 2000 students on a 120-acre campus and online.

  Expenses $23,339,104 · Grants $9,930,706 · Revenue $31,691,929

• Student services includes campus life and activities including athletics, health counseling services, enrollment services financial aid, etc. Organized activities include summer sports camps, golf outings, special academic and athletic trips, banquets, and other miscellaneous activities.

  Expenses $7,883,138 · Revenue $514,264

• Auxiliaries include room and board, apartment rentals, hospitality and events, and radio ministries. Cornerstone Radio Ministries includes the operations of five noncommercial radio stations WCSG, Grand Rapids with signals also in Kalamazoo, Benton Harbor and Battle Creek. 3,536,960 is included in contribution revenue on Part VIII, Line 1f.

  Expenses $5,444,830 · Revenue $7,826,140

• Other program services

  Revenue $887,147

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $47,226,279

  Expenses

  $48,219,533

  Contributions

  $5,960,537

  Grants paid

  $9,930,706

• 2023

  Revenue

  $53,639,419

  Expenses

  $55,326,488

  Contributions

  $6,011,527

  Grants paid

  $16,183,816

• 2022

  Revenue

  $53,411,196

  Expenses

  $53,362,947

  Contributions

  $6,580,347

  Grants paid

  $15,916,380

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $59,861,010

  Expenses

  $56,196,902

  Assets (EOY)

  $108,326,203

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $58,079,674

  Expenses

  $50,218,529

  Assets (EOY)

  $108,650,867

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  $55,341,460

  Expenses

  $51,083,926

  Assets (EOY)

  $101,647,008

• 2018 · 990

  Revenue

  $54,068,050

  Expenses

  $51,532,223

  Assets (EOY)

  $99,878,742

• 2017 · 990

  Revenue

  $63,603,179

  Expenses

  $54,282,332

  Assets (EOY)

  $96,113,221

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $627,150

  2023 · GROWTH

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $369,572

  2024 · COLLEGES AND UNIVERSITIES

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $230,645

  2022 · GROWTH

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $167,040

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $103,650

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $53,525

  2022 · For grant recipient's exempt purposes

• AMERICAN ENDOWMENT FOUNDATION

  $51,000

  2022 · EDUCATIONAL

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $35,000

  2024 · UNRESTRICTED GENERAL SUPPORT

• DONOR ADVISED CHARITABLE GIVING

  $27,679

  2024 · EDUCATION

• COMMUNTIY FOUNDATION OF THE HOLLAND ZEELAND AREA

  $25,961

  2022 · BROOKS FAMILY FIRST GENEREATION SCHOLARSHIP

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files