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Philip & Shirley Solomons Foundation Inc. is a private corporation based in SAVANNAH, GA. The foundation received its IRS ruling in 1997. The principal officer is Philip Solomons Sr. It holds total assets of $10M. Annual income is reported at $2.6M. Total assets have grown from $1.3M in 2011 to $8.8M 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 2016 to 2022. According to available records, Philip & Shirley Solomons Foundation Inc. has made 1 grants totaling $703K, with a median grant of $703K. 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 & Shirley 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 & Shirley Solomons Foundation Inc. has distributed a total of $703K across 1 grants. The median grant size is $703K, with an average of $703K. Individual grants have ranged from $703K to $703K.
The application deadline is NO DEADLINES AT THIS TIME. No restrictions at this time.
Philip & Shirley Solomons Foundation Inc. is headquartered in SAVANNAH, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip Solomons Jr | SECRETARY / TREASURER | $0 | $0 | N/A |
Total Giving
$860K
Total Assets
$8.8M
Fair Market Value
$13M
Net Worth
$8.8M
Grants Paid
$703K
Contributions
$1.3M
Net Investment Income
$75K
Distribution Amount
$629K
Total Grants
1
Total Giving
$703K
Average Grant
$703K
Median Grant
$703K
Unique Recipients
1
Most Common Grant
$703K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Savannah Community Foundation IncCHARITABLE | Savannah, GA | $703K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA