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Nonprofit · EIN 95-4211410

THE CAPSTONE FOUNDATION

Tax-exempt · SANTA MONICA, CA 90405

Financials

$353K$820K2023$1.1M$698K2024
Revenue Expenses · by fiscal year end
Financials of THE CAPSTONE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,106,070$698,324$407,746$2,483,674$0$2,483,674
December 31, 2023990-PF$352,962$819,628-$466,666$2,075,928$0$2,075,928
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$363,978
Dividends
$30,845
Interest
$72
Net gain from sales of assets
$524,817
Other income
$186,358

Expenses

Grants and similar amounts paid
$675,919
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$675,919
Excise tax on investment income
$12,094

Balance sheet and other

Total assets, start of year
$2,075,928
Total assets, end of year
$2,483,674
Total liabilities, end of year
$0
Net assets, end of year
$2,483,674
Fair market value of assets
$2,932,739
Qualifying distributions
$675,919
Net investment income
$870,067

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NADINE I WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
PRESIDENT0.75$0
RAYMOND WATT II
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
VICE PRESIDENT0.75$0
J SCOTT WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
SECRETARY0.75$0
KATHLEEN M WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
TREASURER0.75$0
BAMBI A WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
BOARD MEMBER0.75$0
ANDREW JAMESON
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
BOARD MEMBER0.75$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
NADINE I WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
PRESIDENT0.75$0
RAYMOND WATT II
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
VICE PRESIDENT0.75$0
J SCOTT WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
SECRETARY0.75$0
KATHLEEN M WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
TREASURER0.75$0
BAMBI A WATT
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
BOARD MEMBER0.75$0
ANDREW JAMESON
2716 OCEAN PARK BLVD SUITE 2025, SANTA MONICA, CA 90405
BOARD MEMBER0.75$0

Address and contacts

Address (IRS master file)
2716 OCEAN PARK BLVD STE 2025, SANTA MONICA, CA 90405-5209
Signed the 990-PF
NADINE I WATT, PRESIDENT
Phone
(310) 314-2421

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4211410 or by the name THE CAPSTONE FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
95-4211410
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,483,674
Income (IRS master file)
$2,004,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,106,070$698,324$2,483,674XML
990-PFDecember 2023$352,962$819,628$2,075,928XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4211410).

Questions about THE CAPSTONE FOUNDATION

What is the EIN of THE CAPSTONE FOUNDATION?
The employer identification number (EIN) of THE CAPSTONE FOUNDATION is 95-4211410.
Is THE CAPSTONE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3).
Are donations to THE CAPSTONE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE CAPSTONE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE CAPSTONE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE CAPSTONE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE CAPSTONE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does THE CAPSTONE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,106,070, expenses of $698,324 and total assets of $2,483,674 at year end.

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