Salt & Light Foundation

Foundation · Grantmaker DECATUR, AL EIN: 84-3650643

Salt & Light Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $793K in total assets. In 2024, it awarded 5 grants totaling $42K. Net investment income was $44K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$793K

+0.1% YoY

Annual Giving

$42K

+45.1% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$8K

+16.1% YoY

Under IRS private-foundation payout rules, Salt & Light Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Salt & Light Foundation

Based on IRS filings

Salt & Light Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $793K in total assets. In 2024, it awarded 5 grants totaling $42K. Net investment income was $44K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BirminghamDecaturOrlandoSan DiegoSearcySmyrnaStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$63K$95K$127K20202021202220232024
Metric202420232022
Total Assets$792,675$792,171$808,970
Revenue$55,857$24,764$20,392
Expenses$55,353$41,563$115,017
Qualifying Distributions$42,250$29,109$99,000
Net Investment Income$44,158$14,664$9,065
Distributable Amount$45,327$41,729$43,502

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$74K$99K3 grants20204 grants20215 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

HARDING UNIVERSITY$25KHIS HANDS OF HOPE$8KCHURCH OF THE HIGHLANDS$5KCAMPUS CRUSADE FOR CHRIST$4KTUNNEL TO TOWERS FOUNDAT…$1K

Grant Size Distribution

21 grants across all recorded years

20<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Harding University ($25,000), His Hands of Hope ($7,500), Church of the Highlands ($5,000).

RecipientPurposeAmount
HIS HANDS OF HOPE SAN DIEGO, CACHRISTIAN OUTREACH$7,500
HARDING UNIVERSITY SEARCY, ARCHRISTIAN OUTREACH$25,000
CHURCH OF THE HIGHLANDS BIRMINGHAM, ALCHRISTIAN OUTREACH$5,000
CAMPUS CRUSADE FOR CHRIST ORLANDO, FLCHRISTIAN OUTREACH$3,750
TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NYCHRISTIAN OUTREACH$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RONNIE B SOLLEYPRESIDENT
DANIELLE M SOLLEYSECRETARY-TR
CARSON R SOLLEYDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Salt & Light Foundation?

Salt & Light Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, AL. It holds $793K in total assets as of 2024.

How large is Salt & Light Foundation?

As of 2024, Salt & Light Foundation holds $793K in total assets with $56K in annual revenue. It awarded 5 grants totaling $42K in 2024.

Where does Salt & Light Foundation operate?

Salt & Light Foundation has awarded grants in Alabama, Arkansas, California, Florida, New York, Tennessee.

What size grants does Salt & Light Foundation award?

In 2024, Salt & Light Foundation awarded 5 grants totaling $42K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Salt & Light Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Salt & Light Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Salt & Light Foundation's EIN?

Salt & Light Foundation's EIN (Employer Identification Number) is 84-3650643. IRS Form 990 filing data is available on this page for 2020–2024.

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

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