Carlmont Academic Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Foundation funds projects that will enrich the educational environment at Carlmont High School, located in Belmont, California through the funding for essential educational programs that will have broad based, substantial and lasting impact.
- Income
- $1.5 million
- Spending
- $1.3 million
- Spent on programs
- 97%
- Reserves
- 13.5 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 1
- Volunteers
- 37
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 81% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 13.5 months of spending.
Debt
10 of 20It owes 45% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 23% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed 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 June 30, 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 (3)
- $1.3 million spent. The Foundation funds projects that will enrich the educational environment at Carlmont High School, located in Belmont, California through the funding for essential educational programs that will have broad based, substantial and lasting impact. For the 2024 - 2025 period, funding was provided to the Sequoia Union High School District for additional class sections, afterschool tutoring, choir support, college & career counseling, cross departmental collaboration, student wellness and instructional supplies. Carlmont Academic Foundation has provided funds to support its teachers and a variety of student programs, including AVID, Choir, CAF-PTSA Teacher Enrichment Grants and Sojourn to the Past.
- $38,292 spent. THE CARLMONT ACADEMIC FOUNDATION FUNDS THE OPERATION OF THE PERFORMANCE THEATER FROMTIME TO TIME. IN THE REPORTING PERIOD, THE FOUNDATION PROVIDED $38,291.88 FORTHEATER OPERATIONS.
- $3,500 spent. The Carlmont Academic Foundation recognizes the accomplishments of its students and provides a small number of scholarships each year. In the reporting period, the Foundation awarded three total scholarships - one for $1,500 and two for $1,000.
Source: Form 990 for the year ending June 30, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.