What God Has Done

Spring 2011 Newsletter

20 YEARS!!!!!!!!! That is right; God is starting His 20th year of ministry through Cornerstone Assistance Network. I will start my 20th year on April 1, 2011. I am positive I never thought I would be writing to you mentioning starting year 20. I remember asking God (and Kay) on April 1, 1992, what do I do now? Cornerstone was brand new thanks to the vision of North Richland Hills Baptist Church (NRHBC). NRHBC put $30,000 in their budget to start Cornerstone as a separate 501(c)(3) nonprofit corporation beginning in 1992. That first year started without an office, assets, employees, or recognition, but with a $30,000 budget, and 5 clients. BUT GOD had bigger plans.

In 2011:

• We office in 50,000 square feet of beautiful office space that houses our programs, clients, cars, and trucks,
• We have a $2.3 million dollar annual budget, and a small endowment,
• 21 full-time and 9 part-time employees, yet maintain 9% administrative costs and never having had an audit finding,
• We are nationally recognized as one of the five most effective Faith Based Intermediaries in the United States (study by The Hudson Institute),
• In 2010, we served 4,479 new clients, with 47,484 units of service and were helped by 768 individual volunteers who provided 10,350 hours of their time, valued at $212,698 (based on the per hour amount allowed by the IRS.)

Please read the related blog articles ("What's going on at CAN with...") because you will be amazed at what God has and is doing through you and Cornerstone. Thank you for your continued support of His Work. Keep us in your prayers as we believe God to finish the final phase of His capital campaign. He will provide the final $1,800,000 to His Glory.

Serving Him Together,

Mike Doyle
CEO of Cornerstone