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Solomon Foundation is a private corporation based in INCLINE VLG, NV. The foundation received its IRS ruling in 2003. The principal officer is Margaret Solomon. It holds total assets of $152K. Annual income is reported at $7K. Total assets have decreased from $796K in 2011 to $152K in 2024. The foundation is governed by 2 officers and trustees. Contributions to various public charities in amounts upto 500. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 5 states, including Nevada, District of Columbia, California. According to available records, Solomon Foundation has made 13 grants totaling $32K, with a median grant of $600. Annual giving has grown from $500 in 2020 to $14K in 2022. Grantmaking activity was highest in 2021 with $18K distributed across 8 grants. Individual grants have ranged from $300 to $12K, with an average award of $2K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Nevada, California, District of Columbia, which account for 77% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$681
Average Grant
$2K
Largest Grant
$8K
Based on 8 grants from the most recent 990-PF filing.
Contributions to public charities
Contributions to various public charities in amounts upto 500. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NV, CA, DC.
Solomon Foundation has distributed a total of $32K across 13 grants. The median grant size is $600, with an average of $2K. Individual grants have ranged from $300 to $12K.
Solomon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Solomon Foundation is headquartered in INCLINE VLG, NV. While based in NV, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Solomon | President | $0 | $0 | N/A |
| Benjamin Solomon | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$152K
Fair Market Value
N/A
Net Worth
$152K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$32K
Average Grant
$2K
Median Grant
$600
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Misc Public CharitiesSupport for environmental health and advocacy | Incline Village, NV | $12K | 2022 |
| Child Fund InternationalChildren in poverty | Henrico, VA | $555 | 2022 |
| Incline Village Community HospitalSupport for hospital | Incline Village, NV | $500 | 2022 |
| Planned Parenthood Federation Of AmHealth access | Washington, DC | $300 | 2022 |
| Sierra Nevada CollegeEducation | Incline Village, NV | $5K | 2021 |
| Plumas Rural ServicesDixie Fire Relief | Quincy, CA | $2K | 2021 |
| Plan International UsaSupport for adolescent girls and children | Providence, RI | $661 | 2021 |
| Center For Reproductive RightsLegal advocacy | Washington, DC | $600 | 2021 |
| Sierra Nevada CollgeEducation | Incline Village, NV | $500 | 2020 |