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Solaris Foundation is a private corporation based in MCALLEN, TX. The foundation received its IRS ruling in 2021. It holds total assets of $6.3M. Annual income is reported at $1.9M. EDUCATION SCHOLARSHIP PROGRAMS. According to available records, Solaris Foundation has made 21 grants totaling $475K, with a median grant of $20K. Annual giving has grown from $11K in 2021 to $185K in 2023. Grantmaking activity was highest in 2022 with $280K distributed across 14 grants. Individual grants have ranged from $3K to $50K, with an average award of $23K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Texas, New York, California, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
EDUCATION SCHOLARSHIP PROGRAMS
Expenses: $140K
EDUCATION SCHOLARSHIP PROGRAMS. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TX, NY, CA.
Solaris Foundation has distributed a total of $475K across 21 grants. The median grant size is $20K, with an average of $23K. Individual grants have ranged from $3K to $50K.
Solaris Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is GRANT REQUESTS MUST BE RECEIVED BY JUNE 30 TO BE CONSIDERED FOR THE CURRENT YEAR.
Solaris Foundation is headquartered in MCALLEN, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shan Jiag | TRUSTEE | $0 | $0 | $0 |
| Ning Ma | TRUSTEE | $0 | $0 | $0 |
| Yixiang Liu | TRUSTEE | $0 | $0 | $0 |
Total Giving
$214K
Total Assets
$5.7M
Fair Market Value
$5.7M
Net Worth
$5.7M
Grants Paid
$185K
Contributions
$800K
Net Investment Income
$51K
Distribution Amount
$243K
Total: $5.1M
Total Grants
21
Total Giving
$475K
Average Grant
$23K
Median Grant
$20K
Unique Recipients
11
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard CollegeRESEARCH SUPPORT | Cambridge, MA | $50K | 2023 |
| University Of California UcsdRESEARCH SUPPORT | Jolla, CA | $50K | 2023 |
| Johns Hopkins UniversitySCHOLARSHIP FUND | Buffalo, NY | $45K | 2023 |
| Emma MontezSCHOLARSHIP | Edinburg, TX | $15K | 2023 |
| University Of Texas Rio Grande VallSCHOLARSHIP FUND | San Antonio, TX | $15K | 2023 |
NEW YORK, NY
MECHANICSBURG, PA
DALLAS, TX
SPANISH FORK, UT
CHICAGO, IL
| Samantha AlmarazSCHOLARSHIP |
| Mcallen, TX |
| $10K |
| 2023 |
| Baylor College Of MedicineSCHOLARSHIP FUND | Houston, TX | $25K | 2022 |
| Texas Tech UniversitySCHOLARSHIP | Lubbock, TX | $20K | 2022 |
| Belmont UniversitySCHOLARSHIP | Nashville, TN | $7K | 2022 |
| Lokaa FoundationSCHOLARSHIP FUND | Studio City, CA | $3K | 2022 |
| Nancy ValdezMEDICAL EDUCATION GRANT | Edinburg, TX | $11K | 2021 |
HOUSTON, TX
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