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 and Human Services
Grantees include City Harvest, ACLU Foundation, SCO Family of Services, NYU Langone Medical Center, Henry Street Settlement, Citymeals-on-Wheels, Broadway Housing Communities and City Harvest.
Grants for Arts and Culture
Grantees include Apollo Theater Foundation, Brooklyn Museum, Carnegie Hall Society, Art Connects, Gina Gibney Dance, Long Island City Ballet, and Lincoln Center for the Arts.
Grants for Education and Youth
Diana Elghanayan is 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. The couple also supports Success Academy Charter School, Child Mind Institute, Blair Academy, Western Reserve Academy, and Cornell University, Elghanayan’s alma mater.
Grants for Jewish Causes
Grantees include Cornell Hillel, Birthright Israel Foundation, Central Synagogue, and Museum of Jewish Heritage. Other grantees include the Museum of Jewish Heritage and the UJA Federation.
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
