Lawrence & Lillian Solomon Foundation
Lawrence & Lillian Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $7.5M in total assets. In 2022, it awarded 53 grants totaling $358K. Net investment income was $902K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$7.5M
+5.9% YoY
Annual Giving
$358K
+6.2% YoY
Grant Count
53
+23.3% YoY
Avg Grant Size
$7K
-13.9% YoY
Under IRS private-foundation payout rules, Lawrence & Lillian Solomon Foundation reported a distributable amount of $335K for 2022 — the minimum it must pay out in qualifying distributions.
About Lawrence & Lillian Solomon Foundation
Based on IRS filings
Lawrence & Lillian Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $7.5M in total assets. In 2022, it awarded 53 grants totaling $358K. Net investment income was $902K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $7,494,535 | $7,077,729 | $7,666,927 |
| Revenue | $1,429,138 | $706,688 | $1,210,914 |
| Expenses | $1,012,332 | $1,392,397 | $1,285,152 |
| Qualifying Distributions | $645,269 | $675,229 | — |
| Net Investment Income | $902,258 | $280,909 | $142,531 |
| Distributable Amount | $335,057 | $407,412 | $399,803 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
Grant Size Distribution
143 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include City of Framingham ($40,000), Norwottuck Network ($30,000), Bike to the Sea ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $5,000 |
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $25,000 |
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $25,000 |
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $5,000 |
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $104 |
| BIKE TO THE SEA SAUGUS, MA | FULFILL CHARITABLE PURPOSE | $10,000 |
| BOSTON CONSERVATORY BOSTON, MA | FULFILL CHARITABLE PURPOSE | $10,000 |
| BOSTON CONSERVATORY BOSTON, MA | FULFILL CHARITABLE PURPOSE | $5,000 |
| BOSTON CYCLISTS UNION JAMAICA PLAIN, MA | FULFILL CHARITABLE PURPOSE | $15,000 |
| BOSTON CYCLISTS UNION JAMAICA PLAIN, MA | FULFILL CHARITABLE PURPOSE | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID SOLOMON | DIRECTOR | 20 | $15,000 |
| HERBERT NOLAN | EXECUTIVE DIRECTOR | 40 | $175,689 |
| BETTY JANE KRINTZMAN | ASST. DIRECTOR | 3 | $44,237 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lawrence & Lillian Solomon Foundation?
Lawrence & Lillian Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. It holds $7.5M in total assets as of 2022.
How large is Lawrence & Lillian Solomon Foundation?
As of 2022, Lawrence & Lillian Solomon Foundation holds $7.5M in total assets with $1.4M in annual revenue. It awarded 53 grants totaling $358K in 2022.
Where does Lawrence & Lillian Solomon Foundation operate?
Lawrence & Lillian Solomon Foundation has awarded grants in District of Columbia, Florida, Indiana, Massachusetts, North Carolina, New York, Pennsylvania, Rhode Island, Tennessee.
What size grants does Lawrence & Lillian Solomon Foundation award?
In 2022, Lawrence & Lillian Solomon Foundation awarded 53 grants totaling $358K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Lawrence & Lillian Solomon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Lawrence & Lillian Solomon Foundation reported a distributable amount of $335K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lawrence & Lillian Solomon Foundation's EIN?
Lawrence & Lillian Solomon Foundation's EIN (Employer Identification Number) is 20-2631943. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Lawrence & Lillian Solomon 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.