A Solid Foundation is a private foundation focused on Education, based in BORING, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 9 grants totaling $9K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$204K
+12.0% YoY
Annual Giving
$9K
+15.0% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$1K
+15.0% YoY
Under IRS private-foundation payout rules, A Solid Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About A Solid Foundation
Based on IRS filings
A Solid Foundation is a private foundation focused on Education, based in BORING, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 9 grants totaling $9K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $204,463 | $182,550 | $157,735 |
| Revenue | $28,968 | $1,823 | $2,974 |
| Expenses | $10,501 | $8,000 | $10,619 |
| Qualifying Distributions | $9,200 | $8,000 | $10,619 |
| Net Investment Income | $25,719 | $3,001 | $2,974 |
| Distributable Amount | $9,173 | $8,338 | $8,879 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include As Is Church ($1,700), Rise Church ($1,500), Transitional Youth ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Transitional Youth Beaverton, OR | General Purpose | $1,000 |
| Youth Dynamics Canby, OR | General Purpose | $1,000 |
| Peak 7 Adventures Mead, WA | General Purpose | $1,000 |
| As Is Church Portland, OR | General Purpose | $1,700 |
| Rise Church Gresham, OR | General Purpose | $1,500 |
| Portland Youth Builders Portland, OR | General Purpose | $1,000 |
| Embrace Oregon dba The Contingent Portland, OR | General Purpose | $1,000 |
| Portland Rescue Mission Portland, OR | General Purpose | $500 |
| 8th Street Academy Gresham, OR | General Purpose | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michelle D Farnes | President | 0.25 | — |
| Robert B Farnes | Treasurer | 0.5 | — |
| Cody Farnes | Board Member | 0.1 | — |
| Darren Ford | Board Member | 0.1 | — |
| Brent Abney | Board Member | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is A Solid Foundation?
A Solid Foundation is a private foundation focused on Education, based in BORING, OR. It holds $204K in total assets as of 2024.
How large is A Solid Foundation?
As of 2024, A Solid Foundation holds $204K in total assets with $29K in annual revenue. It awarded 9 grants totaling $9K in 2024.
Where does A Solid Foundation operate?
A Solid Foundation has awarded grants in Arkansas, Illinois, Missouri, Oregon, Washington.
What size grants does A Solid Foundation award?
In 2024, A Solid Foundation awarded 9 grants totaling $9K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is A Solid Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, A Solid Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is A Solid Foundation's EIN?
A Solid Foundation's EIN (Employer Identification Number) is 86-1078002. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in A Solid Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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