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Cornerstone Global Ministries headquarters.

Investigations · Subscriber investigation

Inside the Collapse of Cornerstone Global Ministries

A $14 million mission fund, a board that stopped asking, and the internal report three men agreed never to circulate.

Marcus ElleryAnna de Vries

By Marcus Ellery & Anna de Vries|Aug 31, 2026|14 min

Updated Sep 1, 2026 at 2:20 AM EDT

For six years Cornerstone Global Ministries told its donors that their restricted gifts were building wells in the Sahel and training indigenous pastors across four countries. The ministry's own return, filed in May and reproduced below, tells a different story.

Between 2019 and 2024, restricted mission funds fell by $14.2 million. Over the same period, the ministry recorded $3.1 million in payments to entities controlled by officers or their immediate families — payments disclosed only in a schedule most donors will never open.

We asked Cornerstone to account for the gap. Through counsel, the ministry said the figures reflected "reclassification of legacy program costs" and declined to identify the programs.

For six years Cornerstone told donors their gifts were building wells and training pastors overseas. The return it filed with the IRS tells a different story.

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