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The Five Solas Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2022. The principal officer is % Bank Of America Na Ttee. It holds total assets of $380K. Annual income is reported at $44K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Five Solas Foundation has made 6 grants totaling $68K, with a median grant of $6K. Annual giving has grown from $11K in 2021 to $58K in 2023. Individual grants have ranged from $1K to $28K, with an average award of $11K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Michigan, New Jersey, Rhode Island, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Five Solas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MI, NJ, RI.
The Five Solas Foundation has distributed a total of $68K across 6 grants. The median grant size is $6K, with an average of $11K. Individual grants have ranged from $1K to $28K.
The Five Solas Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Five Solas Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | 2 | $2K | $0 | $2K |
| Robin M Dziuba | CO-TRUSTEE | $0 | $0 | $0 |
| Philip A Dziuba | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$62K
Total Assets
$368K
Fair Market Value
$360K
Net Worth
$368K
Grants Paid
$58K
Contributions
$50K
Net Investment Income
$9K
Distribution Amount
$17K
Total: $0
Total Grants
6
Total Giving
$68K
Average Grant
$11K
Median Grant
$6K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Five Solas FoundationGENERAL OPERATING | Thousand Oaks, CA | $2K | 2023 |
| Reformation Heritage Books IncGENERAL OPERATING | Kentwood, MI | $28K | 2023 |
| Trinity Christian School Of Montville InGENERAL OPERATING | Montville, NJ | $25K | 2023 |
| Grace Community Baptist Church IncGENERAL OPERATING | Cranston, RI | $2K | 2023 |
| Rhode Island School Of The BibleGENERAL OPERATING | N Providence, RI |
Other foundations that have funded The Five Solas Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Five Solas Foundation | $2K | 2023 | GENERAL OPERATING |
| $1K |
| 2023 |
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