Teddy Maloney Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PRIMARY PURPOSE OF THE TEDDY MALONEY '88 FOUNDATION IS TO HONOR THE MEMORY OF PROCTOR ACADEMY ALUMNUS TEDDY MALONEY, WHO LOST HIS LIFE ON SEPTEMBER 11TH, BY SUPPORTING THE SCHOOL COMMUNITY THAT SHAPED HIS CLOSEST FRIENDSHIPS. THROUGH THE ESTABLISHMENT OF THE TEDDY MALONEY '88 SCHOLARSHIP FUND, THE FOUNDATION AIMS TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AT PROCTOR WHILE PRESERVING TEDDY'S LEGACY OF CAMARADERIE, TOGETHERNESS, AND SCHOOL SPIRIT. ANCHORED BY ANNUAL FUNDRAISING EFFORTS LIKE THE "BIG DOG CLASSIC" GOLF TOURNAMENT, THE FOUNDATION FOSTERS LASTING CONNECTIONS AMONG ALUMNI AND ENSURES TEDDY'S SPIRIT CONTINUES TO INSPIRE FUTURE GENERATIONS.
- Income
- $81,019
- Spending
- $82,564
- Reserves
- 2.7 months of spending
- Largest source of income
- donations and private grants, 73%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 54 out of 100. Higher than 27% of charities in its peer group (human services, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 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)
- $75,000 spent. PROVIDED SCHOLARSHIPS TO RECIPIENTS TO GIVE THE ABILITY TO ATTEND PROCTOR ACADEMY AND FURTHER BOTH THEIR ACADEMIC AND ATHLETIC CAREERS.
Source: Form 990EZ for the year ending December 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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2014 for not filing returns for three years, and reinstated on May 15, 2014.
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 December 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 February 2016.
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.