TO PROVIDE SUPPORT TO AND ASSIST THE UNIVERSITY OF ALABAMA IN FULFILLING ITS MISSION OF TEACHING, RESEARCH AND SERVICE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.6M
+17.7% YoY
Annual Giving
$2.1M
+5.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1.0M
+5.4% YoY
About Capstone Foundation
Based on IRS filings
Capstone Foundation is a nonprofit organization focused on Education, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.6M in total assets. In 2024, it awarded 2 grants totaling $2.1M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,605,887 | $31,093,153 | $29,373,366 |
| Revenue | $6,599,512 | $4,994,291 | $5,642,686 |
| Expenses | $5,680,727 | $5,211,262 | $5,574,713 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,834,296 | $576,291 | $805,617 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STUART R BELL | CHAIRMAN | 1 | — |
| DANA KEITH | DIRECTOR | 0.5 | — |
| MATTHEW FAJACK | DIRECTOR (UNTIL 01/2024) | 0.5 | — |
| ROBERT D PIERCE II | DIRECTOR | 0.5 | — |
| CHERYL MOWDY | INTERIM DIRECTOR (1/24-9/24) | 0.5 | — |
| ANDRE TAYLOR | DIRECTOR | 0.5 | — |
| BAKER CROW | DIRECTOR | 0.5 | — |
| KAREN CAMPBELL | DIRECTOR | 0.5 | — |
| KAREN BROOKS | DIRECTOR | 0.5 | — |
| JIMMY WARREN | DIRECTOR | 0.5 | — |
| DAN LAYZELL | DIRECTOR (BEG 09/2024) | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
$225K
Gamma Theta Educational Foundation Inc
TUSCALOOSA, AL
Assets
—
Grants
0
Total Given
—
The Starfish Project
HOOVER, AL
Assets
$2K
Grants
0
Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
LEXINGTON, AL
Assets
$461
Grants
0
Total Given
—
Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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