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Solley Foundation is a private corporation based in DECATUR, AL. The foundation received its IRS ruling in 2008. The principal officer is Ray R Solley. It holds total assets of $480K. Annual income is reported at $225K. Total assets have decreased from $706K in 2011 to $547K in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including Alabama, Arkansas, Florida. According to available records, Solley Foundation has made 23 grants totaling $292K, with a median grant of $10K. Annual giving has decreased from $184K in 2022 to $108K in 2023. Individual grants have ranged from $1K to $43K, with an average award of $13K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Alabama, Arkansas, Tennessee, which account for 74% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$30K
Based on 5 grants from the most recent 990-PF filing.
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.
Solley Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in AL, AR, TN.
Solley Foundation has distributed a total of $292K across 23 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $1K to $43K.
Solley Foundation typically selects its grantees rather than accepting unsolicited proposals.
Solley Foundation is headquartered in DECATUR, AL. While based in AL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bo M Solley | DIRECTOR | $0 | $0 | N/A |
| Ray R Solley | DIRECTOR | $0 | $0 | N/A |
| Bobbie A Solley | DIRECTOR | $0 | $0 | N/A |
| Linda L Solley | DIRECTOR | $0 | $0 | N/A |
| Robin S Barker | SECRETARY-TR | $0 | $0 | N/A |
| Anna B D'Herde | DIRECTOR | $0 | $0 | N/A |
| Ronnie B Solley | PRESIDENT | $0 | $0 | N/A |
| Carson R Solley | DIRECTOR | $0 | $0 | N/A |
Total Giving
$120K
Total Assets
$547K
Fair Market Value
$763K
Net Worth
$547K
Grants Paid
$108K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$39K
Total: $529K
Total Grants
23
Total Giving
$292K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dream WeaversSUPPORT FOR THE ARTS | Decatur, AL | $2K | 2023 |
| Project Rescue IncCHRISTIAN OUTREACH | Decatur, AL | $43K | 2023 |
| Harding UniversityCHRISTIAN EDUCATION | Searcy, AR | $25K | 2023 |
| Middle Tennessee Christian SchoolCHRISTIAN EDUCATION | Murfreesboro, TN | $15K | 2023 |
| West Broward Church Of ChristCHRISTIAN OUTREACH | Plantation, FL | $10K | 2023 |
| His Hands Of HopeCHRISTIAN OUTREACH | San Diego, CA | $8K | 2023 |
| Beltline Church Of ChristCHRISTIAN OUTREACH | Decatur, AL | $5K | 2023 |
| Decatur Heritage Christian AcademyCHRISTIAN EDUCATION | Decatur, AL | $3K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL