BETHLEHEM, Pa.—Feb. 25 2022— Cornerstone Advisors Asset Management, LLC, one of the nation’s largest independent financial advisory firms specializing in the management of institutional assets, qualified and unqualified pension plans, private wealth and philanthropic services, announced its inaugural Cornerstone Cares program by awarding $21,000 to local organizations in the Lehigh Valley.
“At Cornerstone, we strive to support our community to deliver a better and brighter future. Many of our clients have a philanthropic orientation, and we’ve seen the impact such support can have on the lives of others,” said Cornerstone CEO Tom Scalici. “We want to do the same in our community by supporting the philanthropic missions of local organizations that promote the health, education and enrichment of our community.
In 2021, Cornerstone team members identified three main issues and opportunities in the region to invest in: education, basic human needs, and community enrichment. With this goal, three organizations were selected for the first Cornerstone Cares grants, each receiving $7,000.
- VIA of the Lehigh Valley is a non-profit organization whose mission is to help people with intellectual and developmental disabilities reach their full potential through rewarding careers, rewarding community life and meaningful relationships.
- Delaware and Lehigh National Heritage Corridor provides heritage education and outdoor recreation opportunities along the 165-mile D&L Trail from Wilkes-Barre to Bristol, Pennsylvania, engaging businesses and surrounding communities along the way .
- Community Action Lehigh Valley works to help Lehigh Valley communities by providing access to food and housing, youth services, and community and business development.
With additional funding, the Cornerstone Cares Grant Program will explore opportunities to further invest in the needs of the Lehigh Valley during 2022 and beyond. To learn more about Cornerstone Advisors Asset Management, visit https://cornerstone-companies.com/.
About Cornerstone Advisors Asset Management, LLC
Cornerstone Advisors Asset Management, LLC is an independent, 100% employee-owned, SEC-registered investment advisor advising more than $7 billion in assets. Listed in barrons List of the best institutional consultants, Financial Advisor Magazine RIA Annual Ranking, Cornerstone was ranked among the best financial companies serving charities by investor.com and is regularly listed in the best places to work for financial advisers by Investment News. More information is available at https://cornerstone-companies.com.
Warning: Inclusion in any lists, rankings, or surveys does not imply anything about any particular client’s experience or investment results with Cornerstone. Please visit https://cornerstone-companies.com/#disclaimer for more information regarding including Cornerstone in listings, rankings or surveys.
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