To accomplish these goals, the Foundation has held an annual Building Industry Golf (B.I.G.) tournament each fall for the past 23 years and holds the annual Cornerstone Awards Banquet in March of each year.
The Foundation expanded its membership in 1999 to include the American Council of Engineering Companies of Arizona and the National Association of Women in Construction. In 2000, the Construction Specifications Institute was added as a member of the Foundation. Today, Cornerstone's Board of Directors is comprised of two representatives from each of these groups and three representatives from both AIA and ABA, as well as a member from Southwest Gas and Hensel Phelps, its two major corporate sponsors. The Board meetings quarterly and directs activities of the Foundation.
The Foundation has participated in the funding of several scholarships at the University of Arizona, Pima Community College, the Arizona Builders Alliance, and other institutions and prides itself in supporting these design & construction programs.
Southwest Gas has been a partner with the Foundation since its inception. Next year (2019), the Foundation will celebrate its 25th anniversary and Southwest Gas has been with the Cornerstone awards banquet since its inception.
In 2011, BizTucson Magazine joined as the official media partner of the Foundation. The issue following each banquet will include full coverage of the Cornerstone Building Foundation awards recipients and is circulated to more than 16,000 individuals and firms.
In 2005, the Foundation welcomed Hensel-Phelps General Contractors, who joined the corporate sponsor group in presenting the annual BIG Tournament. They will again sponsor this tournament in 2018.
In 2010, southern Arizona's construction industry lost one of its well respected members, Jerry Wyatt. To honor Jerry, the Foundation created the Jerry Wyatt Community Service Award. This award, given to Jerry in 2010 posthumously, has become an annual program for the Foundation. The award is given to an outstanding person who best emulates Jerry's efforts to improve the southern Arizona commercial construction industry and the Tucson community.
The Cornerstone Building Foundation and the funds it has supported has donated more than $200,000 to scholarships and other construction related programs since 1999.
In 2009, the Foundation created a separate 501(c)(3) organization, the Cornerstone Building Foundation Charities 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 Robert Swaim, AIA founding principal of Swaim Associates, Ltd., Chuck Albanese, FAIA, former Dean of the University of Arizona College of Architecture and Jerry Wyatt.
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 2017/2018, some $74,000 worth of scholarships will be awarded. The College of Architecture, Planning, and Landscape Architecture and the College of Engineering will receive funds as will Pima Community College and the ABA Apprenticeship Program.