About Cora
History
The Cora Foundation is a private family foundation established in 1997 as a non-profit corporation. The foundation was founded to provide financial assistance, whithin the limits of its budget and the discretion of its Directors, to Christian based organizations within the United States and its possessions which are tax-exempt under Section 501(3)(c) of the IRS Code and are not private foundations within the meaning of Section 509(a) of the 1969 Tax Reform Act. The foundation has no paid staff. Foundation administration is handled by family members who volunteer their time to review invited grant applications and award grants. The foundation typically invites 10-15 organizations to apply each year. The foundation typically awards 4-8 grants per year, each in the $20,000-$50,000 range, with an annual payout of approximately $200,000. To date the Cora Foundation has awarded grants in excess of $3.8M.
Mission
The Cora Foundation’s mission is to support Christian based ministries that serve the spiritual, educational, and physical needs of people helping them come to know the love of Christ and live a dedicated Christian life.
Vision
We believe our purpose as Christians is to do all we can to bring honor to God. We do this by loving God with our whole being, loving our neighbor as our self, striving to live a Christ-like life, and participating with God in growing His Kingdom on earth. To help accomplish this purpose, the Cora Foundation’s vision is to:
- Be a financial resource to Christian ministries that promote the expansion of Christ’s Kingdom.
- Support organizations and programs that emulate Christ’s ministry while he was on earth: to preach the Good News, teach God’s Word (make disciples) and heal the afflicted. Matthew 4:23 and 9:35
- Continue to grow the capacity of the foundation to fund organizations by being good stewards of our financial resources.