Cornerstone Campaign
- Assets
- $31.4k
- Revenue
- $139.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 05-0528669
Organization Overview
Cornerstone Campaign is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Campaign is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornerstone Campaign generated $139.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $109.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE THE RESPONSIBLE USE AND SOUND REGULATION OF AGRICULTURAL TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND VARIOUS NON-PROFIT ORGANIZATIONS CONCERNED WITH THE USE OF AGRICULTUREAL BIOTECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary R Morgan President/director | OfficerTrustee | 5 | $0 |
Andrew Kimbrell Secretary/director | OfficerTrustee | 5 | $0 |
Abby A Rockefeller Treasurer/director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,200 |
| Total Program Service Revenue | $4,694 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,894 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,816 |
| Advertising and promotion | $0 |
| Office expenses | $1,900 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $109,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,373 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $31,373 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,373 |
Grants Awarded
Over the last fiscal year, Cornerstone Campaign has awarded $180,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $165,000 |
San Francisco, CA | | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Campaign has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: General | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Science In The Public Interest Washington, DC | $21,632,992 | $14,159,324 |
Food & Water Watch Washington, DC | $17,415,353 | $21,548,788 |
Usa Rice Federation Arlington, VA | $4,688,189 | $12,520,388 |
Weston A Price Foundation Washington, DC | $3,416,084 | $2,920,294 |
American Farm Bureau Foundation For Agriculture Washington, DC | $5,885,350 | $1,943,434 |
Center For Plant Science And Health Haymarket, VA | $259,847 | $1,749,213 |
Feed The Truth Inc Washington, DC | $256,741 | $1,252,361 |
Future Harvest Inc Cockeysville, MD | $1,638,711 | $615,549 |
Crop Life Foundation Inc Arlington, VA | $119,484 | $0 |
Excellence Through Stewardship Washington, DC | $265,994 | $450,000 |
Cornerstone Campaign Washington, DC | $31,373 | $139,894 |
Institute For Truth In Marketing Inc Washington, DC | $16,447 | $0 |