Corner Foundation

OVERVIEW: The Corner Foundation primarily funds grantmaking related to human services, arts, education and Jewish causes.

IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.

PROFILE: The Corner Foundation was founded in 2015. It was established by real estate mogul Frederick Elghanayan, co-founder of TF Cornerstone, a family-owned real estate acquisition, development, construction and management firm, and his wife Diana. The foundation does not maintain a website, which restricts further information on its priority areas and grantmaking strategies.

Grants for Community Development, Arts and Culture, Education, and Jewish Causes

According to tax filings, the Corner Foundation primarily funds grantmaking related to human services, arts, education, and Jewish causes. Past grantees include ACLU Foundation, Apollo Theater Foundation, Brooklyn Museum, Broadway Housing Communities, CASA-NYC, Child Mind Institute, City Harvest, Museum of Jewish Heritage, NYU Langone Medical Center, Success Academy Charter School and UJA Federation.

Diana Elghanayan serves as a vice president of Citizens’ Committee for Children, which provides "a voice for children, especially poor and vulnerable children and children with special needs.” The couple steadily supports the organization.

Important Grant Details

Grants range from $500 to $37,000. In a recent fiscal year, the foundation gave away a little under $550,000. The foundation keeps a low profile and does not accept unsolicited proposals.

PEOPLE:

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CONTACT:

Corner Foundation
387 Park Avenue South, 7th Floor
New York, NY 10016