Capstone Legacy Foundation Inc

WAYNE, PA EIN: 20-3752969 Website

Capstone Legacy Foundation Inc is a 501(c)(3) Christian community foundation based in Wayne, Pennsylvania, a suburb of Philadelphia. Established in 2005, the foundation operates as a public charity dedicated to providing donors with tax-efficient charitable giving structures and fiduciary services. The foundation's financial and spiritual legacy is connected to the Lukens Steel Company, founded in 1810, and the family of Charles Lukens Huston Jr. and Ruth Huston.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

-22.4% YoY

Annual Giving

$1.2M

+20.4% YoY

Grant Count

+4.5% YoY

Avg Grant Size

$54K

+15.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation exists to provide donors with tools to provide funding and advocacy for ministries, charitable organizations and other non-profits in the greater Philadelphia region and beyond. The organization is dedicated to the preservation of donor intent and describes its mission as providing "Christ-centered, morally driven giving" with a "kingdom-driven perspective on wealth."

Primary funding areas include:

Christianity and religion
Human services
Education
Philanthropy, voluntarism, and grantmaking

The foundation supports organizations whose objectives affirmatively advance the gospel of Jesus Christ.

Grantmaking

Capstone Legacy Foundation operates primarily through donor-advised funds, allowing individual donors to recommend grants to non-profit charitable organizations. The foundation also manages fiscal sponsorship projects and offers Ministry Charity Projects (MCPs), which function as an "incubator" allowing organizations to receive tax-free donations without forming their own 501(c)(3).

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in the Greater Philadelphia region and beyond, with grantmaking activity documented in Pennsylvania, Arizona, and Texas.

Grant Distribution by State

Pennsylvania $3.0M (53%)

Arizona $563K (10%)

Montana $510K (9%)

Florida $368K (6%)

Texas $220K (4%)

Georgia $184K (3%)

North Carolina $143K (2%)

Tennessee $133K (2%)

+12 more states

States

Arkansas Arizona California Colorado Florida Georgia Iowa Idaho Illinois Missouri Montana North Carolina New Jersey Ohio Oklahoma Pennsylvania Tennessee Texas Virginia Washington

Cities

Agoura HillsAllentownAlpharettaAnkenyAntiochAugustaAzusaBartlesvilleBergenfieldBillingsBlack MountainBooneCamdenCharitonChicagoColorado SpringsDaytonDes MoinesDresherEaston

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total assets: $5,393,666
Total revenues: $3,093,166
Total expenses: $3,321,554
Number of employees: 14

As of 2024:

Total assets: $4,187,029
Total giving: $1,353,206

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,187,029	$5,393,666	$5,128,145
Revenue	$3,374,027	$3,093,166	$3,255,051
Expenses	$4,500,941	$3,321,554	$3,580,773
Qualifying Distributions	—	—	—
Net Investment Income	$-240,966	$450,113	$334,877
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 10 recipients in 2024

Grant Size Distribution

127 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Nancy Hansen - Chairman and CEO

Nancy Huston Hansen brings more than four decades of leadership and knowledge of ministries operating in the Philadelphia region and beyond. She previously served as a vice president and director of The Huston Foundation and has served as a board member with numerous ministries including Mercy Medical Airlift, Esperanza Health Center, Hi-Kidz International, Inner-City Movement, Resources for Better Families, Mission Media Ministries, and Good News Communications.

Merrill Steiner - Chief General Counsel

Merrill Steiner brings 32 years of experience at major law firms, including 18 years at Stradley Ronon Stevens & Young LLP where he specialized in investment management regulation and counseling in mutual and private funds.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NANCY H HANSEN	Chairperson and CEO	30	$111,500
THOMAS W KEYSER	Chief Financial Off	34	$79,105
MERRILL R STEINER	Secretary and Gen Coun	10	$58,563
ROBERT CLAIBORNE	Director	16	$25,500
MARY ANNE HATCH	DirectorExec VP	6	$6,250
GEORGE MESCHTER	Director	2	—
BEN MYERS	Director	2	—
LANCE WALLNAU	Director	2	—
JEREMY STORY	Director	2	—
TINA GRIFFIN	Director	2	—
TERRY DAVIS	Director	2	—
DOUG STRINGER	Director	2	—

Recent News & Activity

Recent developments and announcements

The foundation operates several notable initiatives:

**The Phoenix Project** - A program supporting soldiers and civilians in Israel, focused on providing protective equipment including vests and helmets.

**Fiscal Sponsorship Projects:**

American Pastors Network and state chapters educate and foster support for spiritual and cultural issues in pastoral ministries, reaching audiences through radio and TV broadcasts nationally

Socrates in the City holds various live broadcast events in multiple locations nationally and internationally, hosting conversations on life, God, and related topics

**Ministry Charity Projects** - The foundation offers rapid establishment of charitable projects, with organizations able to receive tax-free donations in as little as 48 hours without the expense and complexity of forming their own 501(c)(3).