Caldwell Foundation for Educational Opportunity Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Foundation was created for the purpose of the promotion, assistance, improvement and extension of public education for the students, graduating students, teachers, administrators and pre-school children residents of Caldwell School District No. 132.
- Income
- $554,983
- Spending
- $171,317
- Spent on programs
- 81%
- Reserves
- Over 10 years of spending
- Largest source of income
- government grants, 37%
- Employees
- 0
- Volunteers
- 30
- Highest pay
- $4,011, secretary
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: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 69% of income.
Income trend
15 of 15Income rose 94% on the year before.
Spending floor
15 of 1581% 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: 63 out of 100.
Independent board
25 of 2511 of 14 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 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 (6)
- $109,379 spent. Provided 65 scholarships to 38 Caldwell School District graduating seniors to be used for post-secondary education at colleges, universities and vocational schools.
- $13,000 spent. Promoted math, science and engineering by providing a grant to the high school robotics program as well as a grant to assist with travel to the Robotics World Championships. Approximately 20 students benefitted.
- $10,446 spent. Paid expenses for literacy projects by providing funding for Scholastic News subscriptions for kindergarten through second grades benefitting approximately 1,353 students in 45 classes at 6 schools. Paid expenses of materials for the UFLI Literacy Program for 100 students at one elementary school.
- $4,300 spent. Provided funds for educational enrichment activities to Caldwell High School and Wilson Elementary. Activities included assistance with sending Trio Upward Bound students to a Duke University visit, grant for Wagons Ho program for elementary students, state student council grant and grant for speech and debate students. Approximately 137 students benefitted from these programs.
- $1,000 spent. Provided financial assistance for performing & fine arts. Provided grant for the high school theatre program. 45 students benefitted.
- $500 spent. Provided a grant to help purchase t-shirts for approximately 500 kindergarten students.
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 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 June 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 June 1993.
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.