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Solheim Foundation is a private trust based in PHOENIX, AZ. The foundation received its IRS ruling in 1985. The principal officer is Solheim Foundation. It holds total assets of $23.4M. Annual income is reported at $18.7M. Total assets have grown from $5.1M in 2010 to $23.4M in 2024. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Solheim Foundation has made 8 grants totaling $25.2M, with a median grant of $1.3M. Annual giving has grown from $7.1M in 2021 to $14.1M in 2023. Individual grants have ranged from $25K to $14M, with an average award of $3.1M. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Georgia and Oklahoma and Tennessee. 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.
Solheim Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in GA, OK, TN.
Solheim Foundation has distributed a total of $25.2M across 8 grants. The median grant size is $1.3M, with an average of $3.1M. Individual grants have ranged from $25K to $14M.
Solheim Foundation typically selects its grantees rather than accepting unsolicited proposals.
Solheim Foundation is headquartered in PHOENIX, AZ. While based in AZ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David A Solheim | CHAIR | $0 | $0 | N/A |
| Allan D Solheim | TRUSTEE | $0 | $0 | N/A |
| Joy Solheim | TRUSTEE | $0 | $0 | N/A |
| Andrew B Solheim | TRUSTEE | $0 | $0 | N/A |
| Allan D Solheim Jr | TRUSTEE | $0 | $0 | N/A |
| Candy Birch | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$23.4M
Fair Market Value
N/A
Net Worth
$23.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$25.2M
Average Grant
$3.1M
Median Grant
$1.3M
Unique Recipients
6
Most Common Grant
$2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Christian Charitable FoundationGENERAL SUPPORT | Alpharetta, GA | $14M | 2023 |
| Oklahoma State University FoundationGENERAL SUPPORT | Stillwater, OK | $100K | 2023 |
| National Christian Charitable Foundation IncDONATION TO THE SOLHEIM FOUNDATION FUND AT THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. | Alpharetta, GA | $2M | 2022 |
| National Christian FoundationCELEBRATION OF LIFE DONATION | Alpharetta, GA | $6.5M | 2021 |
| Oklahoma State UniversityGOLF FUND | Stillwater, OK | $500K | 2021 |
| Global GolfCOLLEGE WOMEN'S MINISTRY | Knoxville, TN | $50K | 2021 |