CORNERSTONE FOUNDATION FOR CHRISTIAN MINISTRY: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- CORNERSTONE FOUNDATION FOR CHRISTIAN MINISTRY (EIN 91-1997803)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-13
- IRS object ID
- 201521339349102757
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T15:09:08-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260006710 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GIFT & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1205 MANOR DRIVE SUITE 100 | AddressLine1Txt |
| City | MECHANICSBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17055 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911997803 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE FOUNDATION FOR | BusinessNameLine1Txt |
| Business Name Line2 | CHRISTIAN MINISTRIES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 2535146606 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6606 64TH AVE NW | AddressLine1Txt |
| City | GIG HARBOR | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98335 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID GROFF | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2535146606 | PhoneNum |
| Signature | 2015-05-05 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON R VATHIS CPA | PreparerPersonNm |
| PTIN | P00425316 | PTIN |
| Phone | 7177663555 | PhoneNum |
| Preparation | 2015-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $223,402 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $666 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,424 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,424 | DividendsNetInvstIncmAmt |
| Total Rev And Expnss | $2,094 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,428 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $667 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,283 | TaxesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $1,950 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,434 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,434 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,384 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,434 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,290 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,428 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $44,892 | CashBOYAmt |
| Cash EOY | $39,602 | CashEOYAmt |
| Cash EOYFMV | $39,602 | CashEOYFMVAmt |
| Corporate Stock BOY | $298,634 | CorporateStockBOYAmt |
| Corporate Stock EOY | $298,634 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $183,800 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $343,526 | TotalAssetsBOYAmt |
| Total Assets EOY | $338,236 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $223,402 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $343,526 | RetainedEarningBOYAmt |
| Retained Earning EOY | $338,236 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $343,526 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $338,236 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $343,526 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $338,236 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $343,526 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,290 | ExcessRevenueOverExpensesAmt |
| Subtotal | $338,236 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $338,236 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,800 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $312,648 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.034544 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,664 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $363,845 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.023812 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,664 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $361,574 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.023962 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,600 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $338,335 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.022463 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $14,205 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $269,395 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.052729 | DistributionYr5Rt |
| Total Distribution | 0.157510 | TotalDistributionRt |
| Average Distribution | 0.031502 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $264,910 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,345 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $14 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,359 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,434 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $29 | SubtotalAmt |
| Tax Based On Investment Income | $29 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $29 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DAVID GROFF | IndividualWithBooksNm |
| Phone | 2535146606 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6606 64TH AVE NW | AddressLine1Txt |
| City | GIG HARBOR | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98335 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DAVID GROFF | ||||||||
| 6606 64TH AVE NW | GIG HARBOR | WA | 98335 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| MILDRED GROFF | ||||||||
| 6606 64TH AVE NW | GIG HARBOR | WA | 98335 | VICE PRESIDE | 0.00 | $0 | $0 | $0 |
| BECKY WENGER | ||||||||
| 6606 64TH AVE NW | GIG HARBOR | WA | 98335 | SECRETARY | 0.00 | $0 | $0 | $0 |
| DENNIS WENGER | ||||||||
| 6606 64TH AVE NW | GIG HARBOR | WA | 98335 | TREASURER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $229,423 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $39,521 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $268,944 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $268,944 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,034 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $264,910 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,246 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,246 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29 | TotalTaxAmt |
| Distributable Before Adj | $13,217 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $13,217 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $13,217 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,434 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,434 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,434 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,217 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $5,979 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,664 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $14,643 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,434 | QualifyingDistributionsAmt |
| Applied To Current Year | $5,434 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $7,783 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $7,783 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,860 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $6,860 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $6,860 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMPASSION INTERNATIONAL | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12290 VOYAGER PARKWAY | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80921 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | CHARITABLE DONATION | GrantOrContributionPurposeTxt |
| Amt | $5,434 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,434 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,424 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,428 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,428 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $667 | Amt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $298,634 | EOYBookValueAmt |
| EOYFMV | $183,800 | EOYFMVAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FOREIGN TAXES WITHHELD FROM DIVI | $214 |
| PRIOR YEAR EXCISE TAXES | $1,069 |