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First Cornerstone Foundation Inc

  • West Chester, PA
  • Tax-exempt since Nov. 2005
  • EIN: 42-1653252

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$570k (2025)

Expenses
$438k (2025)

Total Assets
$7.73M (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$569,933
Expenses
$437,575
Net Income
$132,358
Net Assets
$7,727,391
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $229,950
40.3%
Sales of Assets $339,059
59.5%
Other Income $924
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $421,229
96.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,727,391
Total Liabilities $0
Net Assets $7,727,391
Compensation
Key Employees and Officers Compensation Other
Frances M Abbott (Co Trustee) $0 $0
Frances H Abbott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on Nov. 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,046,604
Expenses
$476,176
Net Income
$570,428
Net Assets
$7,597,969
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $198,498
19.0%
Sales of Assets $847,269
81.0%
Other Income $837
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $451,422
94.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,597,969
Total Liabilities $0
Net Assets $7,597,969
Compensation
Key Employees and Officers Compensation Other
Frances M Abbott (Co Trustee) $0 $0
Frances H Abbott Jr (Secretary) $0 $0
Bny Mellon N A (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$520,657
Expenses
$480,004
Net Income
$40,653
Net Assets
$6,955,247
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $8,253
1.6%
Interest Revenue $0
Dividends $188,574
36.2%
Sales of Assets $323,830
62.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $450,915
93.9%
Compensation of Officers* $1,582
0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,955,247
Total Liabilities $0
Net Assets $6,955,247
Compensation
Key Employees and Officers Compensation Other
Bny Mellon N A (Trustee) $1,582 $0
Frances M Abbott (Co Trustee) $0 $0
Frances H Abbott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on Nov. 9, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,106,657
Expenses
$577,275
Net Income
$529,382
Net Assets
$6,979,571
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $177,871
16.1%
Sales of Assets $924,309
83.5%
Other Income $4,477
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $531,070
92.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,979,571
Total Liabilities $0
Net Assets $6,979,571
Compensation
Key Employees and Officers Compensation Other
Frances M Abbott (Co Trustee) $0 $0
Frances H Abbott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on Nov. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,127,075
Expenses
$457,703
Net Income
$669,372
Net Assets
$6,453,352
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $500,000
44.4%
Interest Revenue $0
Dividends $145,747
12.9%
Sales of Assets $481,328
42.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $417,213
91.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,453,353
Total Liabilities $1
Net Assets $6,453,352
Compensation
Key Employees and Officers Compensation Other
Frances M Abbott (Co Trustee) $0 $0
Frances H Abbott Jr (Secretary) $0 $0
Bny Mellon N A (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$228,412
Expenses
$412,921
Net Income
-$184,509
Net Assets
$5,772,271
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $141,831
62.1%
Sales of Assets $81,125
35.5%
Other Income $5,456
2.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $378,381
91.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,772,307
Total Liabilities $36
Net Assets $5,772,271

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2019

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$450,474
Expenses
$315,294
Net Income
$135,180
Net Assets
$3,587,851
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
4.4%
Interest Revenue $0
Dividends $132,141
29.3%
Sales of Assets $299,529
66.5%
Other Income -$1,196
Notable Expenses Percent of Total Expenses
Charitable Disbursements $291,757
92.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,587,851
Total Liabilities $0
Net Assets $3,587,851

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$472,407
Expenses
$248,896
Net Income
$223,511
Net Assets
$3,448,380
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $109,630
23.2%
Sales of Assets $362,677
76.8%
Other Income $100
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $229,334
92.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,448,380
Total Liabilities $0
Net Assets $3,448,380

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$303,020
Expenses
$221,243
Net Income
$81,777
Net Assets
$3,218,743
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $93,723
30.9%
Sales of Assets $209,297
69.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $209,027
94.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,218,743
Total Liabilities $0
Net Assets $3,218,743

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$146,349
Expenses
$217,368
Net Income
-$71,019
Net Assets
$3,138,045
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $85,336
58.3%
Sales of Assets $60,068
41.0%
Other Income $945
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $208,090
95.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,138,045
Total Liabilities $0
Net Assets $3,138,045

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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