Nicholas Caldarone Foundation

Private foundation · Grantmaker Johnston, RI EIN: 05-0467833

The Nicholas Caldarone Foundation is a private foundation based in Johnston, Rhode Island. Its 2026 filing reports 13 grants totaling $15,000, including unrestricted gifts to organizations in Rhode Island and other states.

Nicholas Caldarone Foundation at a glance

In short: Nicholas Caldarone Foundation gave $15K across 13 grants in 2026 (avg $1K), mostly in Rhode Island. 0% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$15,000
+0.0% vs 2025
Grants made (2026)
13
+0.0% vs 2025
Average grant
$1,154
+0.0% vs 2025
Median grant
$1,000
Total assets
$266,405
-7.1% vs 2025
New grantees (estimate)
0% first-time grantees (0 of 13, 2026; small sample)
Primary geography
Rhode Island (80% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Nicholas Caldarone Foundation

Contact

Application contact: Citizens Bank N A
Mailing address: 1 Citizens Plaza, Providence, RI 02903
Phone: (401) 456-1156

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Nicholas Caldarone Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Dorcas International Institute of RI: $3KDorcas International Instituteof RI$3KTockwotton Homerogers Fund: $2KTockwotton Homerogers Fund$2KHasbro Children's Hospital: $2KHasbro Children's Hospital$2KThe Shriners Hospital for Children: $1KThe Shriners Hospital forChildren$1KMeeting Street School: $1KMeeting Street School$1KThe Groden Center Inc: $1KThe Groden Center Inc$1KSpecial Olympics Rhode Island: $1KSpecial Olympics Rhode Island$1KRhode Island Community Food Bank: $1KRhode Island Community FoodBank$1KRhode Island Bar Foundation: $1KRhode Island Bar Foundation$1KAmerican Red Cross: $1KAmerican Red Cross$1K

The largest 2026 recipient was Dorcas International Institute of RI ($3K). Together the top 10 received $13K.

Grant Size Distribution

65 grants across all recorded years

65<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 65 grants of 65 (100%).

Geographic Focus

Where this funder awards grants

In 2026, 80% of grant dollars went to recipients in Rhode Island. Florida, Iowa, and Tennessee each received 7% of grant dollars.

Grant Distribution by State

5states

Share of 2026 grant dollars across all 13 itemized grants.

Cities

ProvidenceBooneCranstonEast ProvidenceSmithfieldMemphisTampaHoosickNorth Providence

Is Nicholas Caldarone Foundation open to new grantees?

0%

first-time grantees, 2026

In 2026, 0 of 13 grantees (0%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count

  • 100% of 2026 grantees were also funded in 2025. Method
  • Giving held roughly steady from 2023 to 2026 (−17%). Method
  • In 2026 it paid out 170% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K11 grants2021 12 grants2022 14 grants2023 13 grants2024 13 grants2025 13 grants2026

From 2021 to 2026, annual grant giving ranged from $15K (2024) to $20K (2022). In 2026 it made 13 grants totaling $15K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dorcas International Institute of RI Providence, RIUnrestricted Gift$3,000
Tockwotton Homerogers Fund East Providence, RIUnrestricted Gift$1,500
Hasbro Children's Hospital Providence, RIUnrestricted Gift$1,500
The Shriners Hospital for Children Tampa, FLUnrestricted Gift$1,000
Meeting Street School Providence, RIUnrestricted Gift$1,000
The Groden Center Inc Providence, RIUnrestricted Gift$1,000
Special Olympics Rhode Island Smithfield, RIUnrestricted Gift$1,000
Rhode Island Community Food Bank Providence, RIUnrestricted Gift$1,000
Rhode Island Bar Foundation Cranston, RIUnrestricted Gift$1,000
American Red Cross Boone, IAUnrestricted Gift$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$266,405$11,249$31,041$15,00013$22,992$3,280$13,521
2025$286,770$4,887$31,639$15,00013$23,308—$14,460
2024$313,522$5,294$31,821$15,00013$23,385—$15,241
2023$340,049$803$34,362$18,00014$26,122—$16,286
2022$373,608$3,443$36,154$20,00012$27,961—$18,535
2021$406,308$3,818$36,574$20,00011——$20,526

Under IRS private-foundation payout rules, Nicholas Caldarone Foundation reported a distributable amount of $14K for 2026 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2026 grants included organizations whose stated missions cover areas such as children’s health care, services for people with autism or behavioral disorders, sports opportunities for people with intellectual disabilities, food assistance, legal education and justice, and golf-related scholarships. These are the grantees’ stated missions, not a stated mission of the foundation.

Grantmaking

In filing year 2026, the foundation reported 13 grants totaling $15,000. Individual grants ranged from $500 to $3,000, with a median of $1,000. Listed recipients include Dorcas International Institute of RI ($3,000), Tockwotton HomeRogers Fund ($1,500), Hasbro Children’s Hospital ($1,500), and Shriners Hospital for Children ($1,000). The listed grants were described as unrestricted gifts.

The foundation’s 2025 filing states that it does not restrict giving to preselected organizations. How to apply: The filing lists Citizens Bank N.A. as the contact; form and materials are listed as N/A, deadlines as N/A, and award restrictions as “SEE ATTACHED.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2026 filing lists Citizens Bank N.A., Irving J. Waldman, Esq., and James J. McGair, Esq. as co-trustees.

Nicholas Caldarone Foundation's 2026 filing lists 3 officers; all 3 officers listed in 2026 are compensated.

Officers on the 2026 filing

  • Citizens Bank N A

    Co-Trustee

    On filings since 2021

    5 hrs/week

    $4K (2021) → $4K (2026)

  • Irving J. Waldman Esq.

    Co-Trustee

    On filings since 2021

    5 hrs/week

    $5K (2021) → $5K (2026)

  • James J. McGair Esq.

    Co-Trustee

    On filings since 2021

    5 hrs/week

    $5K (2021) → $5K (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Irving J Waldman ESQ — Co-Trustee: $5KIrving J Waldman ESQCo-Trustee$5KJames J McGair ESQ — Co-Trustee: $5KJames J McGair ESQCo-Trustee$5KCitizens Bank N a — Co-Trustee: $4KCitizens Bank N aCo-Trustee$4K

The highest reported compensation on the 2026 filing was $5K, to Irving J Waldman ESQ (Co-Trustee). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Nicholas Caldarone Foundation

How much does Nicholas Caldarone Foundation give each year?

Nicholas Caldarone Foundation gave $15K across 13 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $15K across 13 grants.

What is Nicholas Caldarone Foundation's typical grant size?

Nicholas Caldarone Foundation's median grant in 2026 was $1,000, and its average grant was $1,154, across 13 grants on its 2026 IRS Form 990-PF.

Where does Nicholas Caldarone Foundation give grants?

Nicholas Caldarone Foundation gives mostly in Rhode Island: 80% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Florida (7%) and Iowa (7%). The most frequent recipient cities were Providence, RI (7 grants).

Does Nicholas Caldarone Foundation give general operating support?

Yes: 100% of Nicholas Caldarone Foundation's 2026 grants with a stated purpose (13 of 13) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are Nicholas Caldarone Foundation's largest grantees?

Nicholas Caldarone Foundation's largest 2026 grantees include Dorcas International Institute of RI ($3,000), Tockwotton Homerogers Fund ($1,500) and Hasbro Children's Hospital ($1,500), according to its 2026 IRS Form 990-PF. Together they received 40% of its itemized 2026 grant dollars.

How large is Nicholas Caldarone Foundation?

Nicholas Caldarone Foundation reported $266K in total assets on its 2026 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What does Nicholas Caldarone Foundation fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Nicholas Caldarone Foundation?

Nicholas Caldarone Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Nicholas Caldarone Foundation's EIN?

Nicholas Caldarone Foundation's EIN (Employer Identification Number) is 05-0467833. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS August 26, 2026)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Nicholas Caldarone Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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