Cornerstone Building Foundation Charities is a 501(c)(3) (EIN #26-3445767) organization which is doing business as CBF Charities, Inc. With this entity, tax deductible donations are now accepted. This corporation, which has its own Board of Directors, has become the depository of Cornerstone’s endowment funds and granter of Cornerstone scholarships. In 2010, the Charities Foundation received its first contribution for the NAWIC Shirley Dail Scholarship, totaling $35,000. Other funds have been created to honor Chuck Albanese, FAIA, former Dean of the University of Arizona College of Architecture and Jerry Wyatt. Including additions to the other scholarship funds, the Foundation has total assets of about $50,000.
The CBF Charities will be the vehicle to award scholarships raised by the Cornerstone Building Foundation, Inc., member organizations, and the Charities organization itself. In 2017, some $8,800 worth of scholarships were awarded. The College of Architecture, Planning, and Landscape Architecture at the University of Arizona received $3,000, the U of A College of Engineering received $2,000, and $500 was provided for an independent trade program. Finally, the Arizona Builders Alliance received $2,500 for their apprenticeship program.