Ray Solem Foundation

Private foundation · Grantmaker Bellevue, WA EIN: 75-3208981

Ray Solem Foundation is a private foundation focused on Human Services, based in Bellevue, WA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 7 grants totaling $90K. Net investment income was $299K.

Key facts about Ray Solem Foundation

In short: Ray Solem Foundation gave $90K across 7 grants in 2025 (avg $13K), top state New York. Source: 2025 IRS Form 990-PF.

EIN
75-3208981
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$90,000
Grants made (2025)
7
Average grant
$12,857
Median grant
$10,000
Total assets
$1,667,807
Primary geography
New York (44% 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

$1.7M

+18.1% YoY

Annual Giving

$90K

+28.6% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$13K

+46.9% YoY

Under IRS private-foundation payout rules, Ray Solem Foundation reported a distributable amount of $72K for 2025 — the minimum it must pay out in qualifying distributions.

How Ray Solem Foundation gives

  • Giving fell 45% from 2022 to 2025. Method
  • In 2025 it paid out 126% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

18states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

AtlantaHastings on HudsonArlingtonBaltimoreBrattleboroBridgeportBostonBrooklynJacksonvilleLa GrangeNew YorkPhoenixWashingtonAuroraBoulderChesterfieldElizabethHarbor CityHeber SpringsHouston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K10 grants2020 11 grants2021 8 grants2022 7 grants2023 8 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $65K (2023) to $165K (2022). In 2025 it made 7 grants totaling $90K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Restoration Immigration Legal Ai: $25KRestoration Immigration LegalAi$25KCo-Counsel: $25KCo-Counsel$25KMabel Center: $10KMabel Center$10KBrave House: $10KBrave House$10KBeyond 90: $10KBeyond 90$10KGA Immigration Asylum Network: $5KGA Immigration Asylum Network$5KCrossing Point Arts: $5KCrossing Point Arts$5K

The largest 2025 recipient was Restoration Immigration Legal Ai ($25K). Together the top 7 received $90K.

Grant Size Distribution

41 grants across all recorded years

40<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 40 grants of 41 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Restoration Immigration Legal Ai Arlington, VALegal and other aid to refugees$25,000
Co-Counsel Hastings on Hudson, NYLegal and other aid to refugees$25,000
Mabel Center Boston, MALegal and other aid to refugees$10,000
Brave House Brooklyn, NYLegal and other aid to refugees$10,000
Beyond 90 Jacksonville, FLLegal and other aid to refugees$10,000
GA Immigration Asylum Network Atlanta, GALegal and other aid to refugees$5,000
Crossing Point Arts New York, NYLegal and other aid to refugees$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,667,807$1,411,969$1,118,930
Revenue$339,815$306,589$179,641
Expenses$172,090$119,868$93,699
Qualifying Distributions$90,000$70,000$65,000
Net Investment Income$299,152$257,648$152,065
Distributable Amount$71,682$58,663$48,125

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2023)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 1, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 30, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 22, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Ray Solem Foundation is led by Marianne Emerson, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Marianne Emerson

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Audrey Russek

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keith Disselkoen

    Vice President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Ray Solem Foundation

How much does Ray Solem Foundation give each year?

Ray Solem Foundation gave $90K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $70K across 8 grants.

What is Ray Solem Foundation's typical grant size?

Ray Solem Foundation's median grant in 2025 was $10,000, and its average grant was $12,857, across 7 grants on its 2025 IRS Form 990-PF.

Where does Ray Solem Foundation give grants?

Ray Solem Foundation's top state is New York, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (28%) and Massachusetts (11%).

Does Ray Solem Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Ray Solem Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Legal and other aid to refugees" (7 grants).

Who are Ray Solem Foundation's largest grantees?

Ray Solem Foundation's largest 2025 grantees include Restoration Immigration Legal Ai ($25,000), Co-Counsel ($25,000) and Mabel Center ($10,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.

How large is Ray Solem Foundation?

Ray Solem Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $72K (roughly 5% of its investment assets).

What is Ray Solem Foundation?

Ray Solem Foundation is a private foundation focused on Human Services, based in Bellevue, WA. It holds $1.7M in total assets as of 2025.

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 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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