 Caldwell died in 1874.Under the terms of his will, he subsidized ten places in the Richmond home for poor individuals of Fredericksburg; He also stipulated that upon reaching the age of twenty-one, his daughters were to donate one-third of their substantial inheritance to establish a Catholic university.When Mary Guendaline was 21, she gave the money to buy the land for Catholic University and to build Caldwell Hall, which was named after her.