Philip & Cathy Solomons Foundation Inc
Philip & Cathy Solomons Foundation Inc is a private foundation, based in Savannah, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 1 grant totaling $121K. Net investment income was $25K.
Key facts about Philip & Cathy Solomons Foundation Inc
In short: Philip & Cathy Solomons Foundation Inc gave $121K across 1 grant in 2025 (avg $121K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- EIN
- 87-1346593
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $120,989
- Grants made (2025)
- 1
- Average grant
- $120,989
- Median grant
- $120,989
- Total assets
- $3,957,850
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.0M
+105.2% YoY
Annual Giving
$121K
+33.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$121K
+33.7% YoY
Under IRS private-foundation payout rules, Philip & Cathy Solomons Foundation Inc reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
How Philip & Cathy Solomons Foundation Inc gives
- Giving grew 142% from 2022 to 2025. Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Philip & Cathy Solomons Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $5K (2023) to $121K (2025). In 2025 it made 1 grant totaling $121K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Savannah Community Foundation Inc ($121K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 4 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Savannah Community Foundation Inc Savannah, GA | Charitable | $120,989 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,957,850 | $1,928,772 | $1,522,302 |
| Revenue | $1,581,207 | $22,158 | $629,900 |
| Expenses | $128,621 | $91,895 | $7,859 |
| Qualifying Distributions | $124,799 | $90,948 | $6,241 |
| Net Investment Income | $25,280 | $21,711 | $15,077 |
| Distributable Amount | $128,552 | $91,118 | $39,700 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 19, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Philip & Cathy Solomons Foundation Inc is led by Paul D. Meyer, Chairman, President, Secretary & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Paul D. Meyer
Chairman, President, Secretary & Treasurer
On filings since 2021
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Philip & Cathy Solomons Foundation Inc
How much does Philip & Cathy Solomons Foundation Inc give each year?
Philip & Cathy Solomons Foundation Inc gave $121K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $91K across 1 grant.
How large is Philip & Cathy Solomons Foundation Inc?
Philip & Cathy Solomons Foundation Inc reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Philip & Cathy Solomons Foundation Inc operate?
Philip & Cathy Solomons Foundation Inc has awarded grants in Georgia.
What is Philip & Cathy Solomons Foundation Inc's EIN?
Philip & Cathy Solomons Foundation Inc's EIN (Employer Identification Number) is 87-1346593. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Philip & Cathy Solomons Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Philip & Cathy Solomons Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Waters Foundation Inc
Savannah, GA
Assets
$10.9M
Grants
1
Total Given
$673K
PGA Tour Inc
Ponte Vedra Beach, FL
PGA TOUR Inc. supports community charities in areas including healthcare, education, youth development, disaster relief, food access, military, and the environment, especially in tournament communities across the U.S. and internationally. Its 2024 grants had a median of $16,836, though amounts ranged widely; some Positively Memphis opportunities offer $1,000–$25,000. It accepts applications quarterly for those listed Memphis opportunities; the profile does not state whether other grants accept unsolicited requests.
Assets
$3.9B
Grants
326
Total Given
$34.3M
Philip & Shirley Solomons Foundation
Savannah, GA
Assets
$9.7M
Grants
1
Total Given
$815K
Act for Alexandria
Alexandria, VA
ACT for Alexandria funds nonprofits addressing community needs, equity, economic well-being, and organizational capacity, with a primary focus on Alexandria, Virginia. Its 2024 grants had a median of $12,811, while its 2026 capacity-building grants offer up to $10,000 per organization. It invites applications for the specified capacity-building program through its grant system; whether it accepts unsolicited requests for other funding is not stated.
Assets
$21.6M
Grants
108
Total Given
$3.5M
Paul and Sherri Reddick Foundation Inc
Savannah, GA
Assets
$445K
Grants
7
Total Given
$30K
The Community Foundation for Greater Atlanta Inc
Atlanta, GA
The Community Foundation for Greater Atlanta funds equity and shared-prosperity work across areas including education, housing, income and wealth, arts and culture, health, and neighborhood development, primarily in the Atlanta region. Its 2024 grants had a median of $21,000, though amounts varied widely; specific arts programs offer $5,000–$7,500. The profile describes application opportunities through its Grants Portal but does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,414
Total Given
$152.3M
Boys & Girls Clubs of America
Atlanta, GA
Boys & Girls Clubs of America funds local Clubs and youth-development work, including general support, staff training, mentoring, and programs focused on academics, health, leadership, and readiness for life and work. Its 2024 grants ranged from $5,047 to $2.7 million, with a median of about $81,000, supporting Clubs across the United States, Native lands, and military communities. The profile does not state whether it accepts unsolicited requests.
Assets
$95.2M
Grants
797
Total Given
$120.5M
Habitat for Humanity International Inc
Americus, GA
Habitat for Humanity International funds affordable housing through grants to Habitat for Humanity organizations, including local affiliates, across the United States and internationally. Its 2025 grants ranged from $5,027 to $6,365,641, with a median of $48,658. The profile does not state whether it accepts unsolicited requests.
Assets
$760.0M
Grants
719
Total Given
$101.6M
American Cancer Society Inc
Atlanta, GA
The American Cancer Society funds cancer research, patient support, advocacy, and related programs, with research support available to institutions across the United States. Its 2025 grants ranged from $5,648 to $9.6 million, with a median of $15,000. It accepts applications for research grants through specific programs and ProposalCentral; the profile does not state whether it accepts unsolicited requests for other funding.
Assets
$1.7B
Grants
509
Total Given
$23.1M
Atlanta Community Food Bank Inc
Atlanta, GA
Atlanta Community Food Bank funds Georgia nonprofits addressing hunger and food insecurity, including food pantries and other community-based services, within its 29-county metro Atlanta and north Georgia service area. Its 2025 grants ranged from $620 to $74,500, with a median of $10,000. It accepts applications from prospective agency partners in its service area; applications are not described as unsolicited grant requests.
Assets
$65.0M
Grants
594
Total Given
$211.6M
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
—
Grants
586
Total Given
$212.1M
Georgia Power Foundation Inc
Atlanta, GA
The foundation supports health, education and workforce development, the environment, arts and culture, and community initiatives, prioritizing Georgia, where 86% of its 2024 grant dollars went. Its 2024 grants ranged from $500 to $1 million, with a median of $10,000. The Georgia Power Grant is invitation-only and does not accept unsolicited requests.
Assets
$217.0M
Grants
517
Total Given
$18.6M
More Funders in Georgia
Philip & Cathy Solomons Foundation Inc down — hundreds of funders to go?