The Capstone Foundation
Accepts applications
The Capstone Foundation is a private foundation in Santa Monica, California. In tax year 2024 it gave $675,919 in 21 grants; the typical grant was $20,000 and the largest $219,769. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$675,919
- Number of grants21
- Typical grant$20,000
- Largest grant$219,769
- Assets$2.9 million
- New grantees20%
Giving in 2024 was down from $790,300 the year before.
20% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $790,300 | 25 | $2.4 million |
| 2024 | $675,919 | 21 | $2.9 million |
How to apply
| Contact | Nadine I Watt 2716 Ocean Park Blvd Ste 2025, Santa Monica, CA 90405 |
|---|---|
| Phone or email | (310) 314-2413 |
| What to submit | Call or write to request application |
What The Capstone Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 11 | $380,519 |
| Arizona | 2 | $125,000 |
| Florida | 4 | $122,400 |
| Colorado | 1 | $17,500 |
| New York | 2 | $15,500 |
| Washington | 1 | $15,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Union Rescue Mission | Homeless shelter | $219,769 |
| Capitol Ministries | Christian ministry | $75,000 |
| Global Training Network | Christian ministry | $50,000 |
| University of Miami | Education | $50,000 |
| World Sports Inc | Christian ministry | $50,000 |
| Brentwood School | Education | $26,000 |
| Union Rescue Mission | Homeless shelter | $25,000 |
| USC Associates | Education | $25,000 |
| Xprize Foundation Inc | Climate change | $24,000 |
| Calthorp School | Education | $20,500 |
| Adventures of the Heart | Christian ministries | $20,000 |
| Communitas International | Christian ministry | $17,500 |
| World Monuments Fund | Cultural preservation | $15,000 |
| World Vision | Us disaster relief fund | $15,000 |
| Baja Christian Ministries | Christian ministry | $10,000 |
| Beverly Hills Presbyterian Church | Christian ministry | $10,000 |
| Salvation Army | Combat poverty | $10,000 |
| Westmark School | Education | $10,000 |
| Harvestime Church Mission Society | Christian ministry | $2,400 |
| Episcopal Actors Guild | Combat poverty | $500 |
| Reading to Kids | Education | $250 |
Officers and trustees
- Nadine I Watt
- Raymond Watt II
- J Scott Watt
- Kathleen M Watt
- Bambi A Watt
- Andrew Jameson
Questions people ask
Does The Capstone Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Capstone Foundation give?
$675,919 in tax year 2024, across 21 grants, with a typical grant of $20,000.
Who runs The Capstone Foundation?
Its 2024 filing lists Nadine I Watt (President), Raymond Watt II (Vice President), J Scott Watt (Secretary) and Kathleen M Watt (Treasurer) among 6 officers and trustees.
What does The Capstone Foundation fund?
Based on its grants, mainly faith communities, housing and homelessness and education.