What is Cornerstone Assistance Network?
Since 2008, Cornerstone Assistance Network has operated as a vital Intermediary Agency for the AmeriCorps VISTA program, facilitating partnerships between nonprofit organizations and the Corporation for National and Community Service. The company's core mission involves empowering nonprofits to develop sustainable projects and recruit AmeriCorps VISTA members. These VISTA members, managed and trained by Cornerstone, engage in indirect service activities such as program development, fundraising, grant writing, and community outreach. Their efforts are instrumental in building the infrastructure and capacity of partner nonprofits, ultimately strengthening their ability to combat poverty through enhanced services and systems.
How much funding has Cornerstone Assistance Network raised?
Cornerstone Assistance Network has raised a total of $444K across 2 funding rounds:
Debt
$150K
Debt
$294K
Debt (2020): $150K with participation from PPP
Debt (2021): $294K led by PPP
What's next for Cornerstone Assistance Network?
The recent major strategic investment signals a new phase of growth and operational scaling for Cornerstone Assistance Network. This capital is expected to fuel the expansion of its intermediary services, enabling the organization to support a greater number of nonprofit partners and VISTA projects. The focus will likely remain on enhancing the capacity of organizations working to end poverty, potentially through broader recruitment initiatives, advanced training programs for VISTA members, and the development of new strategic partnerships. This funding positions Cornerstone to further solidify its impact in national service and community empowerment.
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