...to strengthen local Catholic communities for future generations.
Cornerstone Has Two Main Activities
Providing grants to the local community in Beloit, KS, and
Providing funding solutions for non-profits across the country through its conduit services.
We provide grants, loans, bond financing, structured giving and endowment-building capabilities to Catholic schools, parishes, foundations and mission-supportive nonprofit organizations in Beloit, KS, and around the country.
In late fall 2003, a dedicated group of Beloit lay Catholic leaders began exploring ways to address ongoing and future cash flow needs of their Catholic community.
Sharing a passionate desire to perpetuate the Catholic faith in Beloit for generations to come, this group spent hundreds of hours studying foundations, endowments and development processes in dioceses throughout the country.
Articles of incorporation were filed, bylaws adopted, and a board of trustees established. In 2005, Cornerstone Charitable Foundation (CCF) was founded as a 501(c)(3) non-profit to operate solely and exclusively as a charitable, scientific, literary and educational organization.
In 2008, CCF board members met the founder of Immaculata Law Firm and Julius Capital, a business/insurance/fundraising services firm, who shared their deep Catholic faith and belief in Catholic education as a powerful source for good in our country. CCF partnered with these firms in a grand experiment to ensure that the Catholic faith would thrive for another 100-plus years in Beloit and elsewhere.
CCF has evolved to include an endowment funding program with a robust annual giving and major/planned gifts fundraising program, grant making authority in six areas of interest and has become a conduit bond issuer for other nonprofit organizations.
Cornerstone’s success validates the faith, foresight and fortitude of its founders. Our hope is that by using the CCF model, other Catholic and mission supportive organizations around the country can emulate the “five loaves and two fishes” approach.