Cornerstone Grace Foundation

Cornerstone Grace Foundation is a charitable organization (also an educational organization) in La Jolla, California. Its tax id (EIN) is 86-2308938. It was granted tax-exempt status by IRS in June, 2021. For detailed information such as income and other financial data of Cornerstone Grace Foundation, refer to the following table.


Profile of Cornerstone Grace Foundation

Organization Name Cornerstone Grace Foundation
Tax Id (EIN)86-2308938
Address 855 La Jolla Corona Ct, La Jolla, CA 92037-7445
In Care of Name John Han
All tax-exempt organizations in zip code 92037
Tax PeriodAssetIncomeRevenue
0$0$0$0
December, 2021$0$0$0
December, 2022$88,982$80,000$80,000
December, 2023$128,940$79,999$79,999
December, 2024$166,988$80,000$80,000
IRS Exempt Status Ruling Date June, 2021
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Educational Institutions and Related Activities
Tax Exempt Activity Scholarships, Student Financial Aid Services, Awards
NTEE CodeB82
Foundation Type Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 (all other) or 990EZ return
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$100,000 to 499,999
Income Range Reported on Form 990$25,000 to 99,999
Accounting Period 12