Nicholas Caldarone Foundation
Nicholas Caldarone Foundation is a private foundation, based in Johnston, RI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $287K in total assets. In 2025, it awarded 13 grants totaling $15K.
Key facts about Nicholas Caldarone Foundation
- EIN
- 05-0467833
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $15,000
- Grants made (2025)
- 13
- Average grant
- $1,154
- Median grant
- $1,000
- New grantees (estimate)
- 8% first-time grantees (1 of 13, 2025)
- Total assets
- $286,770
- Primary geography
- Rhode Island (80% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Nicholas Caldarone Foundation funds
By grant dollars, the top recipient states for Nicholas Caldarone Foundation's 13 itemized 2025 grants were Rhode Island (80%), Florida (7%) and Iowa (7%). The most frequent recipient cities were Providence, RI (7 grants). 100% of grants with a stated purpose were for general or operating support.
Is Nicholas Caldarone Foundation open to new grantees?
8%
first-time grantees, 2025
In 2025, 1 of 13 grantees (8%) were first-time recipients. First grants averaged $1K; repeat grants $1K. How we count
Medians: $1K first-time, $1K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving fell 25% from 2022 to 2025. Method
- In 2025 it paid out 161% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Nicholas Caldarone Foundation
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$287K
-8.5% YoY
Annual Giving
$15K
+0.0% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Nicholas Caldarone Foundation reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.
About Nicholas Caldarone Foundation
Based on IRS filings
Nicholas Caldarone Foundation is a private foundation, based in Johnston, RI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $287K in total assets. In 2025, it awarded 13 grants totaling $15K.
Ready to take the next step with Nicholas Caldarone Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $286,770 | $313,522 | $340,049 |
| Revenue | $4,887 | $5,294 | $803 |
| Expenses | $31,639 | $31,821 | $34,362 |
| Qualifying Distributions | $23,308 | $23,385 | $26,122 |
| Net Investment Income | — | — | — |
| Distributable Amount | $14,460 | $15,241 | $16,286 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Dorcas International Institute of RI ($3,000), Tockwotton Homerogers Fund ($1,500), Hasbro Children's Hospital ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| DORCAS INTERNATIONAL INSTITUTE OF RI Providence, RI | UNRESTRICTED GIFT | $3,000 |
| TOCKWOTTON HOMEROGERS FUND East Providence, RI | UNRESTRICTED GIFT | $1,500 |
| HASBRO CHILDREN'S HOSPITAL Providence, RI | UNRESTRICTED GIFT | $1,500 |
| THE SHRINERS HOSPITAL FOR CHILDREN Tampa, FL | UNRESTRICTED GIFT | $1,000 |
| MEETING STREET SCHOOL Providence, RI | UNRESTRICTED GIFT | $1,000 |
| THE GRODEN CENTER INC Providence, RI | UNRESTRICTED GIFT | $1,000 |
| SPECIAL OLYMPICS RHODE ISLAND Smithfield, RI | UNRESTRICTED GIFT | $1,000 |
| RHODE ISLAND COMMUNITY FOOD BANK Providence, RI | UNRESTRICTED GIFT | $1,000 |
| RHODE ISLAND BAR FOUNDATION Cranston, RI | UNRESTRICTED GIFT | $1,000 |
| AMERICAN RED CROSS Boone, IA | UNRESTRICTED GIFT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Citizens Bank N a | Co-Trustee | 5 | $4,590 |
| Irving J Waldman Esq | Co-Trustee | 5 | $5,313 |
| James J McGair Esq | Co-Trustee | 5 | $5,313 |
Frequently Asked Questions
How large is Nicholas Caldarone Foundation?
As of 2025, Nicholas Caldarone Foundation holds $287K in total assets with $5K in annual revenue. It awarded 13 grants totaling $15K in 2025.
Where does Nicholas Caldarone Foundation operate?
Nicholas Caldarone Foundation has awarded grants in Florida, Iowa, New York, Rhode Island, Tennessee.
What size grants does Nicholas Caldarone Foundation award?
In 2025, Nicholas Caldarone Foundation awarded 13 grants totaling $15K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Nicholas Caldarone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Nicholas Caldarone Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.