Solar Quest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 31 grants totaling $396K. Net investment income was $241K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.3M
+13.3% YoY
Annual Giving
$396K
+14.8% YoY
Grant Count
31
+14.8% YoY
Avg Grant Size
$13K
-0.0% YoY
Under IRS private-foundation payout rules, Solar Quest Foundation Inc reported a distributable amount of $684K for 2024 — the minimum it must pay out in qualifying distributions.
About Solar Quest Foundation Inc
Based on IRS filings
Solar Quest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 31 grants totaling $396K. Net investment income was $241K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,348,183 | $12,666,122 | $11,127,292 |
| Revenue | $291,419 | $275,551 | $305,493 |
| Expenses | $645,576 | $532,326 | $488,767 |
| Qualifying Distributions | $492,702 | $410,650 | $367,320 |
| Net Investment Income | $240,811 | $296,149 | $350,744 |
| Distributable Amount | $684,166 | $592,941 | $545,945 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include N Street Village ($30,000), American Red Cross ($30,000), Better Basics ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Kids in Need Foundation Rosewell, MN | General Program Support | $10,000 |
| N Street Village Washington, DC | General Program Support | $30,000 |
| Salvation Army Washington, DC | General Program Support | $25,000 |
| So Others Might Eat Inc Washington, DC | General Program Support | $10,000 |
| Oceanic Free Library Rumson, NJ | General Program Support | $10,000 |
| Shepherds Table Inc Silver Spring, MD | General Program Support | $20,000 |
| American Red Cross Fairfax, VA | General Program Support | $30,000 |
| DC Central Kitchen Washington, DC | General Program Support | $15,000 |
| Trees Water and People Fort Collins, CO | General Program Support | $10,000 |
| All Faiths Food Bank Sarasota, FL | General Program Support | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Chantelle Marie Hibbs | President | 3 | $41,171 |
| Michelle Ann Franklin | VP Secretary | 3 | $41,171 |
| Kevin P Fay | Treasurer | 3 | $41,171 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Solar Quest Foundation Inc?
Solar Quest Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. It holds $14.3M in total assets as of 2024.
How large is Solar Quest Foundation Inc?
As of 2024, Solar Quest Foundation Inc holds $14.3M in total assets with $291K in annual revenue. It awarded 31 grants totaling $396K in 2024.
Where does Solar Quest Foundation Inc operate?
Solar Quest Foundation Inc has awarded grants in Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Indiana, Massachusetts, Maryland, Michigan, Minnesota, New Jersey, New York, Ohio, Pennsylvania, Texas, Virginia, West Virginia.
What size grants does Solar Quest Foundation Inc award?
In 2024, Solar Quest Foundation Inc awarded 31 grants totaling $396K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Solar Quest Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Solar Quest Foundation Inc reported a distributable amount of $684K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Solar Quest Foundation Inc's EIN?
Solar Quest Foundation Inc's EIN (Employer Identification Number) is 84-3056988. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Solar Quest Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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