Ray Solem Foundation is a private foundation focused on Human Services, based in BELLEVUE, WA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.1M in total assets. In 2023, it awarded 7 grants totaling $65K. Net investment income was $152K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$1.1M
+21.5% YoY
Annual Giving
$65K
-60.6% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$9K
-55.0% YoY
Under IRS private-foundation payout rules, Ray Solem Foundation reported a distributable amount of $48K for 2023 — the minimum it must pay out in qualifying distributions.
About Ray Solem Foundation
Based on IRS filings
Ray Solem Foundation is a private foundation focused on Human Services, based in BELLEVUE, WA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.1M in total assets. In 2023, it awarded 7 grants totaling $65K. Net investment income was $152K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,118,930 | $921,238 | $1,194,456 |
| Revenue | $179,641 | $79,811 | $72,414 |
| Expenses | $93,699 | $175,308 | $115,218 |
| Qualifying Distributions | $65,000 | $165,000 | $108,000 |
| Net Investment Income | $152,065 | $71,783 | $110,163 |
| Distributable Amount | $48,125 | $51,092 | $55,956 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2023
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Georgia Asylum And Immigration Netw ($10,000), Arizona Legal Woman and Youth Servi ($10,000), Restoration Immigration Legal Aid ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Georgia Asylum And Immigration Netw Atlanta, GA | Legal and other aid to refugees | $10,000 |
| Arizona Legal Woman and Youth Servi Phoenix, AZ | Legal and other aid to refugees | $10,000 |
| Restoration Immigration Legal Aid Arlington, VA | Legal and other aid to refugees | $10,000 |
| El Centro Hispano San Bernardino, CA | Legal and other aid to refugees | $10,000 |
| Community Asylum Seekers Project Brattleboro, VT | Legal and other aid to refugees | $10,000 |
| Connecticut Students For a Dream Bridgeport, CT | Legal and other aid to refugees | $10,000 |
| Crossing Point Arts Hastings on Hudson, NY | Legal and other aid to refugees | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marianne Emerson | President | 10 | — |
| Keith Disselkoen | VP and Secretary | 1 | — |
| Audrey Russek | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ray Solem Foundation?
Ray Solem Foundation is a private foundation focused on Human Services, based in BELLEVUE, WA. It holds $1.1M in total assets as of 2023.
How large is Ray Solem Foundation?
As of 2023, Ray Solem Foundation holds $1.1M in total assets with $180K in annual revenue. It awarded 7 grants totaling $65K in 2023.
Where does Ray Solem Foundation operate?
Ray Solem Foundation has awarded grants in Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Georgia, Illinois, Massachusetts, Maryland, Missouri, North Carolina, New Jersey, New York, Texas, Virginia, Vermont.
What size grants does Ray Solem Foundation award?
In 2023, Ray Solem Foundation awarded 7 grants totaling $65K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Ray Solem Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Ray Solem Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray Solem Foundation's EIN?
Ray Solem Foundation's EIN (Employer Identification Number) is 75-3208981. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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