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Nicholas J Caldarone Foundation is a private trust based in JOHNSTON, RI. The foundation received its IRS ruling in 1993. The principal officer is Citizens Bank. It holds total assets of $287K. Annual income is reported at $156K. Total assets have decreased from $814K in 2011 to $314K in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Rhode Island. According to available records, Nicholas J Caldarone Foundation has made 41 grants totaling $51K, with a median grant of $1K. Annual giving has decreased from $36K in 2023 to $15K in 2024. Individual grants have ranged from $500 to $3K, with an average award of $1K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Rhode Island, New York, Florida, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
Based on 11 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Nicholas J Caldarone Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in RI, NY, FL.
Nicholas J Caldarone Foundation has distributed a total of $51K across 41 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $3K.
See attached.
Nicholas J Caldarone Foundation is headquartered in JOHNSTON, RI. While based in RI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Irving J Waldman Esq | CO-TRUSTEE | $5K | $0 | $5K |
| James J Mcgair Esq | CO-TRUSTEE | $5K | $0 | $5K |
| Citizens Bank N A | CO-TRUSTEE | $5K | $0 | $5K |
Total Giving
$32K
Total Assets
$314K
Fair Market Value
$307K
Net Worth
$314K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$15K
Total Grants
41
Total Giving
$51K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
14
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dorcas International Institute Of RiUNRESTRICTED GIFT | Providence, RI | $3K | 2024 |
| Tockwotton Homerogers FundUNRESTRICTED GIFT | East Providence, RI | $2K | 2024 |
| Hasbro Children'S HospitalUNRESTRICTED GIFT | Providence, RI | $2K | 2024 |
| St Mary'S Home For ChildrenUNRESTRICTED GIFT | North Providence, RI | $2K | 2024 |
| Rhode Island Bar FoundationUNRESTRICTED GIFT | Cranston, RI | $1K | 2024 |
| The Shriners Hospital For ChildrenUNRESTRICTED GIFT | Tampa, FL | $1K | 2024 |
| American Red CrossUNRESTRICTED GIFT | Boone, IA | $1K | 2024 |
| The Groden Center IncUNRESTRICTED GIFT | Providence, RI | $1K | 2024 |
| Special Olympics Rhode IslandUNRESTRICTED GIFT | Smithfield, RI | $1K | 2024 |
| St Jude Children'S Research HospitalUNRESTRICTED GIFT | Memphis, TN | $1K | 2024 |
| Rhode Island Community Food BankUNRESTRICTED GIFT | Providence, RI | $1K | 2024 |
| John P Burke Memorial FundUNRESTRICTED GIFT | Providence, RI | $500 | 2024 |
| Button Hole Golf FoundationUNRESTRICTED GIFT | Providence, RI | $500 | 2024 |
| Hoosac SchoolUNRESTRICTED GIFT | Hoosick, NY | $3K | 2023 |