Alfred Z Solomon Testamentary Trust

SARATOGA SPRINGS, NY EIN: 13-7430894

The Alfred Z Solomon Testamentary Trust is a private foundation established in 2005 in New York and based in Saratoga Springs, NY. It operates as a 501(c)(3) organization dedicated to supporting nonprofit organizations through charitable grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.1M

-2.5% YoY

Annual Giving

$338K

+0.8% YoY

Grant Count

32

+3.2% YoY

Avg Grant Size

$11K

-2.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Trust was formed to benefit nonprofit scientific, medical, educational, cultural, religious and charitable organizations by funding projects and programs in memory of Alfred Z. Solomon.

Primary funding interests include:

  • Social services
  • Health
  • Education
  • Community development, including historic preservation
  • Children and youth
  • Arts and culture, including museums
  • Youth theater production support
  • Village history displays

Types of support provided include:

  • Equipment
  • Building funds
  • Project support

Grantmaking

The Trust accepts applications from organizations.

Grant Range

$6,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The Trust primarily supports nonprofit organizations in Saratoga County, New York, with a focus on the Saratoga Springs area and surrounding communities.

Grant Distribution by State

4states

Cities

AlbanyBallston SpaBeverlyBinghamtonBloomingtonBlue Mtn LakeBolton LandingBuffaloCambridgeClifton ParkEast GreenbushElmontFort AnnGalwayGlens FallsGranvilleGreenfieldGreenfield CenterGreenfield CntrGreenfield Ctr

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total assets: $5.18–$5.2 million
  • Total revenues: $297,057
  • Total expenses: $452,357
  • Total liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$381K$763K$1M$2M20202021202220232024
Metric202420232022
Total Assets$5,050,358$5,182,196$5,337,496
Revenue$288,603$297,057$1,387,127
Expenses$420,441$452,357$589,839
Qualifying Distributions$366,639$367,573$525,297
Net Investment Income$235,853$239,799$1,333,345
Distributable Amount$366,115$366,130$373,597

Giving Over Time

Total grant dollars and number of grants per year

$0$125K$249K$374K$499K31 grants202025 grants202135 grants202231 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ADVOCATES FOR SCHULYERVI…$25KWE ARE INSTRUMENTAL$25KALLIANCE 180$22KCHRIST EPISCOPAL CHURCH$20KMEDIA ALLIANCE$20KSARATOGA SPRINGS PRESERV…$20KNATIONAL MUSEUM OF RACING$19KTHE LITTLE CLUB 1896 FOU…$19KSENIOR CITIZENS CENTER O…$17KSTILLWATER PUBLIC LIBRARY$15K

Grant Size Distribution

154 grants across all recorded years

148<$50K$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Trust is administered by James G Snyder, with contact information available at 518-584-1500.

Compensation Overview

From 2024 IRS filing

VICTORIA GARLANDATRUSTEE$18KJAMES G SNYDERTRUSTEE$18K

From 2024 filing

NameTitleHoursCompensation
VICTORIA GARLANDATRUSTEE5$18,065
JAMES G SNYDERTRUSTEE5$18,064

Recent News & Activity

Recent developments and announcements

The Trust has demonstrated consistent support for local organizations:

2024

**2024:** Awarded $25,000 to the Advocates for the Schuylerville Public Library

Alfred Z Solomon Charitable Trust awards $25,000 to the Advocates for the\
2024

**2024:** Awarded $100,000 to Ballston Spa Public Library

Ballston Spa Public Library Receives $100K Award fromAlfred Z. Solomon Charitable\
2022

**2022:** Provided a 15-passenger minivan to the New York Race Track Chaplaincy, marking the fourth vehicle grant to this organization over 15 years

The Trust has a history of supporting the New York Race Track Chaplaincy, which serves backstretch workers at New York Racing Association racetracks and Saratoga farms.

New York Race Track Chaplaincy gets new van with Solomon Trust ...

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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