Overview
What is Capstone Legacy Foundation Storehouse Inc?
Capstone Legacy Foundation Storehouse Inc is a supporting organization, as defined by the Internal Revenue Code, situated in Wayne, Pennsylvania. Their primary focus is to assist donors in their philanthropic endeavors. This is accomplished by accepting real estate donations and selling them in the subsequent year, with the net proceeds being deposited into the donor's donor-advised fund. By doing so, Capstone Legacy Foundation Storehouse Inc plays a crucial role in facilitating charitable contributions, thereby supporting the mission of Capstone Legacy Foundation, Inc.
Official website here: www.capstonelegacy.org
Is Capstone Legacy Foundation Storehouse Inc legitimate?
Capstone Legacy Foundation Storehouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capstone Legacy Foundation Storehouse Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.capstonelegacy.org
What is the mission statement of Capstone Legacy Foundation Storehouse Inc?
Capstone Legacy Foundation Storehouse Inc, as a supporting organization, is committed to upholding the mission of the Capstone Legacy Foundation. Their primary role is to facilitate philanthropic endeavors for donors. Through their activities, they contribute to supporting the broader objectives of the Capstone Legacy Foundation. In essence, their mission is to channel resources, in this case, from the sale of real estate donations after deducting carrying costs, into donor-advised funds for further charitable giving, thereby fostering societal development and community support.
Official website here: www.capstonelegacy.org
Who is the CEO of Capstone Legacy Foundation Storehouse Inc?
Nancy H Hansen is the Chairman Ceo Director of Capstone Legacy Foundation Storehouse Inc. The CEO's salary of Capstone Legacy Foundation Storehouse Inc is $0 and their total compensation is $0.
Official website here: www.capstonelegacy.org
What is the revenue of Capstone Legacy Foundation Storehouse Inc?
Capstone Legacy Foundation Storehouse Inc's revenue in 2022 was $450,000.
Official website here: www.capstonelegacy.org
Who are the executives of Capstone Legacy Foundation Storehouse Inc and what are their salaries?
Here are 6 key members and their salaries (Capstone Legacy Foundation Storehouse Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.capstonelegacy.org
Where can I find the form 990 for Capstone Legacy Foundation Storehouse Inc?
Capstone Legacy Foundation Storehouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capstonelegacy.org
Learn more at the official website: www.capstonelegacy.org
Mission Statement of Capstone Legacy Foundation Storehouse Inc
Capstone Legacy Foundation Storehouse Inc serves as a supporting organization, dedicated to facilitating philanthropic endeavors for donors, while aligning with the mission of the Capstone Legacy Foundation, Inc. This nonprofit entity's primary objective is to receive and manage real estate donations, with the net proceeds from subsequent sales being contributed to the donor's donor-advised fund. By acting as a bridge between donors and their charitable goals, Capstone Legacy Foundation Storehouse Inc plays a crucial role in fostering charitable giving and making a significant impact in various communities.
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Impact
October, 2024
Capstone Legacy Foundation Storehouse Inc significantly impacts the philanthropic landscape by facilitating donor assistance and supporting charitable initiatives. With the release of $185,499 from the proceeds of a real estate sale in 2019, it enhances funding for various causes aligned with the mission of the Capstone Legacy Foundation. This financial support serves as a vital resource for organizations and projects that rely on donations, enabling them to further their objectives and reach more individuals in need. By acting as a Type I supporting organization, the Storehouse not only streamlines the donation process but also empowers donors to engage in effective philanthropic efforts, fostering a culture of giving and community support in Wayne, PA, and beyond.
This information is meant to be a general summary of Capstone Legacy Foundation Storehouse Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $450,000
Assets and Liabilities:
- Total Assets: $451,208
- Total Liabilities: $0
- Net Assets: $451,208
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Organization Details
Founding Year
2010
Phone
(610) 688-8890Principal Officer
Nancy H Hansen
Main Address
900 W Valley Road Ste 203, Wayne, PA, 19087
Website
www.capstonelegacy.orgNTEE Category
Code: T111 - Philanthropy
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