2022-11-15T12:32:44-05:00 2021-12-31 990 2021-01-01 203752969 Capstone Legacy Foundation Inc CAPS 900 W Valley Road Ste 203 Wayne PA 19087 Thomas Keyser Chief Financial 6106888890 2022-11-14 Thomas Keyser 0 00 AAL1 IAL1 2021 2022-09-23 18:48:47Z Nancy H Hansen 2561998 false X www.capstonelegacy.org X 2005 PA The foundation provides donors with assistance in philanthropy, and to provide funding and advocacy for ministries, charitable organizations and other non-profits. See also Capstone Legacy Foundation Charitable Trust I + Capstone Legacy Foundtn Storehouse Inc supporting entities 9 5 18 25 -1498 0 3705648 2278377 0 364277 15352 323053 185096 4392978 2478825 922511 1522050 0 703533 802414 0 286454 1023048 773125 2649092 3097589 1743886 -618764 6826996 5946114 1027048 764881 5799948 5181233 X The foundation provides donors with assistance in philanthropy, and to provide funding and advocacy for ministries, charitable organizations and other non-profits. See also Capstone Legacy Foundation Charitable Trust I + Capstone Legacy Foundtn Storehouse Inc supporting entities false true 1566589 1384789 1619536 Donor services provided primarily though donor advised funds grants to non-profit charitable organizations operated for Christian charitable religious and educational puposes. Revenue shown here is classified as contributions in Part I and Part VIII. 328414 300 345012 American Pastors Network and state chapters are a fiscal sponsorship project. It educates and fosters support for spiritual and cultural issues in the forefront of pastoral ministries in eight states with intent to reach national audiences through Radio & TV Broadcasts. Revenue shown here is classified as contributions in Part I and Part VIII 161021 111052 59807 Counter Culture Mom was a new project for 2019. It is a fiscal sponsorship project. Its mission is to expose hypocrisy in pop culture that is wrecking havoc on Teens, tweens, and toddlers. The mission includes educational materials and venues to reveal the consequences of behaviors promoted by pop culture including drugs, alcohol, cutting, immodest dressing, violence and suicide. Revenue shown here is classified as contributions in Part I and Part VIII. During 2021, this program was transferred to a new 501c3 entity operating on its own, separate from Capstone Legacy Foundation, so Capstone ceased conducting this program. 325699 25909 249361 Capstone supported 22 other active fiscal sponsorship charitable projects during 2021. The revenue and expense of these projects is summarized on line 4d. 325699 25909 249361 2381723 true true false false false true false false false true true true false false true true false true false false true true false false true false false true false false false false false false false false false true false false false false true true true true false false true 23 0 true 18 true true true false false false false false false false false false false false false false false false false X 9 5 false false false false false false false true true false true true true true true true true true true false false AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X Thomas Keyser 6106888890 900 W Valley Road Ste 203 Wayne PA 19087 Nancy H Hansen Chairman and CEO 40.00 2.00 X X X 110000 0 0 Thomas Keyser Chief Financial Officer 40.00 2.00 X 95766 0 0 Merrill Steiner Secretary Directr In-house 6.00 1.00 X X 82188 0 0 Paul Griffin Director 2.00 0.00 X 34888 0 0 Robert Claiborne Director 12.00 0.00 X 19352 0 0 Sam Rohrer Officer 40.00 0.00 X 18960 0 0 Michael Novak Director 2.00 0.00 X 0 0 0 George Meschter Director 2.00 0.00 X 0 0 0 Rev Willie Richardson Emeritus Director 0.50 0.00 X 0 0 0 Allen Carr Sr Director 2.00 0.00 X 0 0 0 Ben Myers Director 2.00 0.00 X 0 0 0 Edward McBride Treasurer 2.00 0.00 X X 0 0 0 361154 0 0 1 false false false 2278377 2278377 15352 15352 141997 141997 28339 29837 -1498 -1498 -1498 96085 53336 42749 42749 Cng in Val of Split Int 900099 -6496 -6496 Other Income 900099 8344 8344 1848 2478825 159197 -1498 42749 1467425 1467425 54625 54625 342194 153987 133456 54751 392497 179550 149053 63894 8380 4693 2221 1466 59343 33232 15726 10385 67987 55461 6263 6263 27542 9975 13324 4243 15305 5543 7404 2358 214428 187850 13289 13289 45476 24304 13017 8155 101944 32342 30006 39596 70707 33594 18109 19004 50052 45046 2503 2503 2144 777 1037 330 28377 15891 7520 4966 30793 17244 8160 5389 20348 9360 6104 4884 Bank Charges 4340 868 3472 Program Expense 55506 49956 2220 3330 Charitable Registration Fees 4270 4270 CostDirect Benefit to Donor 33906 33906 3097589 2381723 429412 286454 1474104 895999 27886 77312 1043127 181220 1044322 861907 3111116 2727719 956174 1142174 209564 238173 3830 2830 6826996 5946114 117081 38590 694179 678561 160375 55413 47730 1027048 764881 X 5288703 4677827 511245 503406 5799948 5181233 6826996 5946114 X -618764 49 X X false true X true false X 2402485 1755533 4332076 3705647 2278377 14474118 2402485 1755533 4332076 3705647 2278377 14474118 5580440 8893678 27598 -16299 167260 48527 179192 406278 37722 167684 3434 51093 259933 15140329 0.58740 0.65270 X Other income Part II line 10 or Part III line 12 Other Income includes Special Event Income of $42,749 and Other Income from Donor Fees of $8,344 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22 31 1530557 656948 1820245 664787 3969147 497967 true true 4138434 1817462 -415568 1522050 49131 3969147 2554620 2640806 102470 1104205 55257 4138434 2068432 1441784 59133 971567 43162 2554620 2157647 910899 40295 1040409 2068432 1737039 1448566 59620 1087578 2157647 1.00000 false true true 939896 117654 822242 48086 14640 33446 55145 48926 6219 861907 Closely Held Equity Interests 880000 F Loan with Equity Conversion rights 200000 C Bridge Loan 62174 F 1142174 Program Related Investments 188171 F Investments Held under Donor Agreem 50002 F 238173 Other Assets 2830 2830 Annuities payable 47730 47730 X Footnote for uncertain tax position under FIN 48 (Part X) The Foundation utilizes ASC 740-10, Accounting for Uncertainty in Income Taxes, as it relates to uncertain tax positions. Management has reviewed its current and past federal and state income tax positions and has determined that the tax positions taken are certain and there is no likelihood that a material tax assessment would be made if the respective government agencies examined tax returns subject to audit. Accordingly, no provision for the effects of uncertain tax positions has been recorded, nor have any related interest and penalties been accrued. The IRS + state taxing authorities retain the right to review filed tax returns, generally for three years after they were filed. CLF is no longer subject to income tax examinations for years prior to 2017, is not currently under audit. true South Asia Grant making basic needs 44625 Europe including Iceland and Greenland Grant making music and dance 10000 54625 54625 South Asia Anti Sex traffic project 29625 Electronic Europe including Iceland and Greenland music and dance for children 10000 electronic South Asia for school building 15000 electronic false false false false false false Supplemental Information (Part V, Other) When a grant is awarded by Capstone Legacy Foundation a letter for the grantee to sign and return is attached with Capstones guidelines of ensuring funds are not spent for: personal inurement, to support charities on the State department terror-watch list, or for any type of political support. Star Barn Ev 94219 52836 41383 23100 3995 2516 2500 532 94219 52836 41383 23100 3995 2516 2500 532 32643 8740 true Sonshine Family Television Corp 813 N Fenwick Street Allentown PA 18109 222672541 501c3 300000 To use where most needed National Christian Foundation-NCF 11625 Rainwater Drive Ste500 Alpharetta GA 30009 300209280 501c3 63600 Childs Education disabled individuals Yellowstone Boys and Girls Ranch Fn PO Box 80807 Billings MT 59108 810419905 501c3 105000 Where needed most Epiphany Church of Gloucester City PO Box 532 Gloucester City NJ 08030 church 20000 Where needed most Samaritans Purse PO Box 3000 Boone NC 28607 581437002 501c3 33000 For those in need of food and shelter Valley View Comm Food Bank 12321 NW Grand Ave El Mirage AZ 85335 770696933 501c3 49000 Where needed most Liberti Fishtown 2424 East York Street Suite 122 Philadelphia PA 19125 237366967 501c3 20000 Where needed most Logan Hope School 4934 N 13th Street Philadelphia PA 19141 233052984 501c3 40000 Where needed most Jerusalem Prayer Team PO Box 30000 Phoenix AZ 85046 751894318 501c3 12000 Where needed most Inner City Movement Inc Theater7000 7000 Terminal Sq Upper Darby PA 19082 141966666 501c3 29000 Where most needed Tenth Presbyterian Church 1701 Delancey Street Philadelphia PA 19103 231365261 church 19500 For greatest need Beacon Broadcasting Corporation PO Box 8900 Allentown PA 18105 232648922 501c3 25000 where needed most Bethlehem Christian School 5300 Green Pond Rd Easton PA 18045 232069125 501c3 21000 TeacherStaff Christmas Chariots for Hope 1601 N Limekiln Pike Dresher PA 19025 270408312 501c3 65000 where needed most Counter Culture Mom LLC 424 Oldenburg Rd Nolensville TN 37135 854380871 501c3 111052 where needed most Faith Baptist Bible Colg Theol Semi 1900 NW Fourth St Ankeny IA 50023 470394397 501c3 7500 where needed most Four River Community Broadcasting 1186 Sumneytown Pike Harleysville PA 19438 232809815 501c3 200000 Where needed most Friends in Action International PO Box 323 Elizabethtown PA 17022 770296087 501c3 15000 Where needed most Grace Baptist Church 703 S 1St Chariton IA 50049 Church 20000 where needed most Hope International 227 Granite Run Drive No 250 Lancaster PA 17601 232836648 501c3 5000 where needed most Indianola Regular Baptist Church 1209 E 2nd Ave Indianola IA 50125 church 20000 where needed most Iowa Regular Baptist Camp 1600 E Lake Street Ventura IA 50482 426006441 501c3 20000 where needed most Joni and Friends 30009 Ladyface Ct Agoura Hills CA 91301 953402002 501c3 11000 Where most needed Joshua Christian Academy 1740 Garfield Ave Des Moines IA 50316 263549972 501c3 5000 where needed most Teen Chal Kansas City Girls Academy 5506 Cambridge Ave Kansas City MO 64129 501c3 12000 where needed most Lausanne Committee for World Evange 10524 Moss Park Road Orlando FL 32832 330901290 501c3 20063 where needed most Lebanon Rescue Mission Inc PO Box 5 1223 Bittner Blvd Lebanon PA 17042 231472518 501c3 5000 where needed most Mercy Ships PO Box 1930 Lindale TX 75771 262414132 501c3 6000 where needed most Mission Aviation Fellowship PO Box 47 Nampa ID 83653 951920983 501c3 5000 where needed most Rejoice in the Lord PO Box 18000 Pensacola FL 32523 Church 15000 where needed most Schwenkfelder Library Heritage Ctr 105 Seminary Street Pennsburg PA 18073 231465643 501c3 10000 where needed most The Geneva School Gather Campaign 2025 SR 436 Winter Park FL 32792 593195482 501c3 10000 To support building of Christian school The Voice of the Martyrs 1815 SE Bison Rd Bartlesville OK 74006 731395057 501c3 100000 where needed most True Life Youth Ministries 740 Willow Street Lebanon PA 17046 231642485 501c3 5000 where needed most Turning Point USA 4940 East Beverly Road Phoenix AZ 85044 800835023 501c3 5000 Where needed most United in Purpose 550 Reserve Street Southlake TX 76092 262495973 501c3 50000 Where most needed 37 Monitoring procedures (Part I, line 2) New Grants are reviewed by the staff for compliance with the Capstone Legacy Foundations 501(c)(3) charitable purposes and grantmaking and the complaince review is reviewd and the new grants are approved by the Board before sending payment to the Grantee. Meschter Insurance Company Board member 10907 Insurance premiums false Unrelated business income explanation Part V line 3b Capstone had unrelated business income during 2021 from debt-financed rental income. Form 990-T was filed. Form 990 governing body review Part VI line 11 Line 11b - The Board of Directors will receive a copy of the Form 990 which will be reviewed, discussed, and approved with management. Conflict of interest policy compliance Part VI line 12c Conflict of interest policy disclosures are made annually by appropriate persons including Board members, The process is overseen by the Board of Directors. CEO executive director top management comp Part VI line 15a The Board of Directors of Capstone Legacy Foundation, Inc. reviewed and approved the compensation of its CEO. Governing documents etc available to public Part VI line 19 Made available upon request; provided that requester has a valid reason, in the sole discretion of the board, CEO or General Counsel, to receive or review the governing documents and financial reports. Audited by an independent accountant Part XII line 2b Part VI, Section C, Line 19- Made available upon request; provided that requester has a valid reason, in the sole discretion of the Board, CEO, General Counsel, to receive or review the governing documents and financial reports. Cessation of or significant change to any program service Part III line 3 Counter Culture Mom was a new project for 2019. It is a fiscal sponsorship project. Its mission is to expose hypocrisy in pop culture that is wrecking havoc on Teens, tweens, and toddlers. The mission includes educational materials and venues to reveal the consequences of behaviors promoted by pop culture including drugs, alcohol, cutting, immodest dressing, violence and suicide. Revenue shown here is classified as contributions in Part I and Part VIII. During 2021, this program was transferred to a new 501c3 entity operating on its own, separate from Capstone Legacy Foundation, so Capstone ceased conducting this program. Explanation of other changes in net assets or fund balances Part XI line 9 change in value of $49 Part III response or note to any other line in Part III Form 990, Part III, Line 4d - Other Program Services - Capstone supported 12 other active fiscal sponsorship charitable projects during 2021. The revenue and expense of these projects is summarized on line 4d. American Pastors Network co Capstone Legacy 900 W Valley R Wayne PA 19087 educate ministry to Clergy DE 341956 93802 Capstone Legacy Foundation Pennsylvania Pastors Network co Capstone Legacy 900 W Valley R Wayne PA 19087 education ministry to clergy DE Capstone Legacy Foundation Tennessee Pastors Network 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE 720 4949 Capstone Legacy Foundation Kentucky Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE Capstone Legacy Foundation Missouri Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE Capstone Legacy Foundation Michigan Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE Capstone Legacy Foundation Virginia Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE Capstone Legacy Foundation North Carolina Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE 768 Capstone Legacy Foundation West Virgina Pastors Network co CLF 900 W Valley Rd Suite 203 Wayne PA 19087 Educationministry to Clergy DE Capstone Legacy Foundation Capstone Legacy Foundtn Storehouse 900 W Valley Road Wayne PA 19087 900601275 educate ministry to Clergy PA 501c3 12a Capstone Legacy Foundation true Capstone Legcy Charitable Trust I 900 W Valley Rd Wayne PA 19087 476677025 non-liquid donations DE 501c3 12a Capstone Legacy Foundation Inc true false false false false false false false false false false false false false true true false false false false Capstone Legacy Fndtn Storehouse In o 5000 Estimated CLF Charitable Trust I o Estimated