Commonwealth Cornerstone Group is overwhelmingly a place-based housing funder, with nearly all of its giving concentrated in a single "Housing Options Grant Program" supporting housing developments, preservation projects, and senior/assisted living facilities. Its grantees suggest a strong interest in affordable housing and housing stability in Pennsylvania, especially through capital investments in specific properties and organizations that serve older adults, low-income residents, and vulnerable populations. The foundation appears to favor large, transaction-sized grants to a relatively small set of housing partners rather than broad, programmatic giving across many issue areas.
Highly concentrated capital-style giving: large grants to a small number of repeat and project-specific housing grantees, mostly for the same housing options initiative rather than diversified philanthropy.
Notable grantees: PROJECT HOME PRES, REGENT TERRACE, VERNON HOUSE, ALLEGHENY YMCA, PROJECT HOME ST ELIZABETH
$38.2M
$164.7M
$52.9M
$39.4M
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2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| PROJECT HOME PRES | PHILADELPHIA, PA | $5,000,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| REGENT TERRACE | KINGSTON, PA | $4,800,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| VERNON HOUSE | KINGSTON, PA | $3,500,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| ALLEGHENY YMCA | PITTSBURGH, PA | $2,200,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| 901 MILL REVIVAL | EMMAUS, PA | $2,148,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| MILL II | EMMAUS, PA | $2,000,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| CLOISTERS III | KINGSTON, PA | $1,700,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| NEW FREEDOM | LANCASTER, PA | $1,575,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| HOMEWOOD | PITTSBURGH, PA | $1,500,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| DALMATIA ELDERLY | LEWISBURG, PA | $1,350,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| LANDISVILLE I | LANCASTER, PA | $1,350,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| GALLATIN SCHOOL LIVING CENTRE | UNIONTOWN, PA | $1,183,200 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| CORAOPOLIS GARDENS | PITTSBURGH, PA | $1,161,510 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| WALNUT ST APTS | LANCASTER, PA | $1,080,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| PROJECT HOME ST ELIZABETH | PHILADELPHIA, PA | $1,000,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| AFRICAN QUEENS APTS | PITTSBURGH, PA | $900,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| CHI-NORTHSIDE WIDOWS HOME INC | PITTSBRUGH, PA | $825,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| SUMMIT HOUSE RETIREMENT | PITTSBURGH, PA | $798,327 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| CARIBE TOWERS | PHILADELPHIA, PA | $774,986 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| WILLOW COURT | MOUNT CARMEL, PA | $701,420 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| LIGHT OF LIFE | PITTSBURGH, PA | $660,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| OLD MARKET PRESERVATION - EPHRATA | LANCASTER, PA | $660,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| HAZELWOOD | PITTSBURGH, PA | $540,000 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| VALLEY TERRACE TOWNHOMES | CHAMBERSBURG, PA | $417,228 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
| EVANGELICAL SR HOUSING | PHILADELPHIA, PA | $411,975 | 2026 | HOUSING OPTIONS GRANT PROGRAM |
PROJECT HOME PRES
$5,000,000HOUSING OPTIONS GRANT PROGRAM
REGENT TERRACE
$4,800,000HOUSING OPTIONS GRANT PROGRAM
VERNON HOUSE
$3,500,000HOUSING OPTIONS GRANT PROGRAM
ALLEGHENY YMCA
$2,200,000HOUSING OPTIONS GRANT PROGRAM
901 MILL REVIVAL
$2,148,000HOUSING OPTIONS GRANT PROGRAM
MILL II
$2,000,000HOUSING OPTIONS GRANT PROGRAM
CLOISTERS III
$1,700,000HOUSING OPTIONS GRANT PROGRAM
NEW FREEDOM
$1,575,000HOUSING OPTIONS GRANT PROGRAM
HOMEWOOD
$1,500,000HOUSING OPTIONS GRANT PROGRAM
DALMATIA ELDERLY
$1,350,000HOUSING OPTIONS GRANT PROGRAM
LANDISVILLE I
$1,350,000HOUSING OPTIONS GRANT PROGRAM
CORAOPOLIS GARDENS
$1,161,510HOUSING OPTIONS GRANT PROGRAM
WALNUT ST APTS
$1,080,000HOUSING OPTIONS GRANT PROGRAM
PROJECT HOME ST ELIZABETH
$1,000,000HOUSING OPTIONS GRANT PROGRAM
AFRICAN QUEENS APTS
$900,000HOUSING OPTIONS GRANT PROGRAM
CHI-NORTHSIDE WIDOWS HOME INC
$825,000HOUSING OPTIONS GRANT PROGRAM
SUMMIT HOUSE RETIREMENT
$798,327HOUSING OPTIONS GRANT PROGRAM
CARIBE TOWERS
$774,986HOUSING OPTIONS GRANT PROGRAM
WILLOW COURT
$701,420HOUSING OPTIONS GRANT PROGRAM
OLD MARKET PRESERVATION - EPHRATA
$660,000HOUSING OPTIONS GRANT PROGRAM
HAZELWOOD
$540,000HOUSING OPTIONS GRANT PROGRAM
VALLEY TERRACE TOWNHOMES
$417,228HOUSING OPTIONS GRANT PROGRAM
EVANGELICAL SR HOUSING
$411,975HOUSING OPTIONS GRANT PROGRAM