Sola Fide Fellowship
Sola Fide Fellowship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 4 grants totaling $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
+86.5% YoY
Annual Giving
$4K
-30.0% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$875
-47.5% YoY
Under IRS private-foundation payout rules, Sola Fide Fellowship reported a distributable amount of $647 for 2024 — the minimum it must pay out in qualifying distributions.
About Sola Fide Fellowship
Based on IRS filings
Sola Fide Fellowship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 4 grants totaling $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,699 | $911 | $2,286 |
| Revenue | $4,330 | $9,827 | $410 |
| Expenses | $3,542 | $11,202 | — |
| Qualifying Distributions | $3,500 | $5,000 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $647 | $83 | $103 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aaron Randazzo ($1,000), Rick Randazzo ($1,000), Addison Randazzo ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AARON RANDAZZO ALEXANDRIA, MN | NEW ZEALAND MISSION TRIP | $1,000 |
| RICK RANDAZZO ALEXANDRIA, MN | NEW ZEALAND MISSION TRIP | $1,000 |
| ADDISON RANDAZZO ALEXANDRIA, MN | NEW ZEALAND MISSION TRIP | $1,000 |
| ADVENTURES IN MISSIONS GAINSVILLE, GA | DISASTER AREA CLEAN-UP | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICK RANDAZZO | PRESIDENT | 5 | — |
| SHANNAN RANDAZZO | VICE PRESIDE | 1 | — |
| ADDISON RANDAZZO | TREASURER | 1 | — |
| ALEX RANDAZZO | DIRECTOR | 1 | — |
| AARON RANDAZZO | DIRECTOR | 1 | — |
| ANDERSON RANDAZZO | DIRECTOR | 1 | — |
| ALLIE RANDAZZO | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sola Fide Fellowship?
Sola Fide Fellowship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. It holds $2K in total assets as of 2024.
How large is Sola Fide Fellowship?
As of 2024, Sola Fide Fellowship holds $2K in total assets with $4K in annual revenue. It awarded 4 grants totaling $4K in 2024.
Where does Sola Fide Fellowship operate?
Sola Fide Fellowship has awarded grants in Georgia, Minnesota, Tennessee.
What size grants does Sola Fide Fellowship award?
In 2024, Sola Fide Fellowship awarded 4 grants totaling $4K — an average of about $875 per grant, based on its IRS Form 990 filings.
How much is Sola Fide Fellowship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sola Fide Fellowship reported a distributable amount of $647 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sola Fide Fellowship's EIN?
Sola Fide Fellowship's EIN (Employer Identification Number) is 86-1836256. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.