Long Island Caddie Scholarship Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO CREATE AND/OR GRANT SCHOLARSHIPS TO COLLEGES, UNIVERSITIES OR OTHER INSTITUTIONS OF HIGHER EDUCATION FOR NEEDY & DESERVING INDIVIDUALS WHO ARE GOLF CADDIES OR FORMER CADDIES. (CONTINUES ON SCHEDULE O)
- Income
- $505,027
- Spending
- $470,241
- Spent on programs
- 91%
- Reserves
- 22.5 months of spending
- Largest source of income
- donations and private grants, 90%
- Employees
- 0
- Volunteers
- 26
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 53% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 22.5 months of spending.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
5 of 15Income fell 14% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 89 out of 100. Higher than 80% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2526 of 26 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $428,646 spent. SCHOLARSHIPS ARE AWARDED TO QUALIFIED CADDIES WHO WORK AT GOLF COURSES IN NASSAU AND SUFFOLK COUNTIES IN NEW YORK.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending October 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.