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Philip & Cathy Solomons Foundation Inc. is a private corporation based in SAVANNAH, GA. The foundation received its IRS ruling in 2022. The principal officer is Cathy Solomons Trustee. It holds total assets of $4M. Annual income is reported at $1.6M. Total assets have grown from $140K in 2021 to $756K in 2022. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2022. According to available records, Philip & Cathy Solomons Foundation Inc. has made 1 grants totaling $50K, with a median grant of $50K. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Philip & Cathy Solomons Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in GA.
Philip & Cathy Solomons Foundation Inc. has distributed a total of $50K across 1 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $50K.
The application deadline is NO DEADLINES AT THIS TIME. No restrictions at this time.
Philip & Cathy Solomons Foundation Inc. is headquartered in SAVANNAH, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul D Meyer | SECRETARY / TREASURER | $0 | $0 | N/A |
Total Giving
$50K
Total Assets
$756K
Fair Market Value
$756K
Net Worth
$756K
Grants Paid
$50K
Contributions
$734K
Net Investment Income
$12K
Distribution Amount
$6K
Total Grants
1
Total Giving
$50K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
1
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Savannah Community Foundation IncCHARITABLE | Savannah, GA | $50K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA