Solaris Foundation
Solaris Foundation is a private foundation, based in MCALLEN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $235K. Net investment income was $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
+10.9% YoY
Annual Giving
$235K
+27.1% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$26K
-15.3% YoY
Under IRS private-foundation payout rules, Solaris Foundation reported a distributable amount of $334K for 2024 — the minimum it must pay out in qualifying distributions.
About Solaris Foundation
Based on IRS filings
Solaris Foundation is a private foundation, based in MCALLEN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $235K. Net investment income was $72K.
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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 | $6,293,736 | $5,674,847 | $5,051,075 |
| Revenue | $902,068 | $837,694 | $636,086 |
| Expenses | $283,179 | $213,922 | $164,359 |
| Qualifying Distributions | $243,057 | $184,991 | $140,000 |
| Net Investment Income | $71,960 | $51,239 | $36,033 |
| Distributable Amount | $334,053 | $242,860 | $188,287 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of California Ucsd ($65,000), University of Texas Rio Grande Vall ($50,179), Johns Hopkins University ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHNS HOPKINS UNIVERSITY BUFFALO, NY | SCHOLARSHIP FUND | $50,000 |
| UNIVERSITY OF TEXAS RIO GRANDE VALL SAN ANTONIO, TX | SCHOLARSHIP FUND | $50,179 |
| SAMANTHA ALMARAZ MCALLEN, TX | SCHOLARSHIP | $15,000 |
| EMMA MONTEZ EDINBURG, TX | SCHOLARSHIP | $15,000 |
| UNIVERSITY OF CALIFORNIA UCSD JOLLA, CA | RESEARCH SUPPORT | $65,000 |
| IL INSTITUTE OF TECHNOLOGY CHICAGO, IL | CHARITABLE SUPPORT | $12,378 |
| CANDACE CHAPA CORPUS CHRISTI, TX | EDUCATIONAL GRANT | $16,000 |
| JESSICA VALDEZ EDINBURG, TX | EDUCATIONAL GRANT | $7,000 |
| LELA OLIVEIRA EDINBURG, TX | EDUCATIONAL GRANT | $4,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YIXIANG LIU | TRUSTEE | — | — |
| SHAN JIAG | TRUSTEE | — | — |
| NING MA | TRUSTEE | — | — |
Frequently Asked Questions
How large is Solaris Foundation?
As of 2024, Solaris Foundation holds $6.3M in total assets with $902K in annual revenue. It awarded 9 grants totaling $235K in 2024.
Where does Solaris Foundation operate?
Solaris Foundation has awarded grants in California, Illinois, Massachusetts, New York, Tennessee, Texas.
What size grants does Solaris Foundation award?
In 2024, Solaris Foundation awarded 9 grants totaling $235K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Solaris Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Solaris Foundation reported a distributable amount of $334K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Solaris Foundation's EIN?
Solaris Foundation's EIN (Employer Identification Number) is 85-0654527. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Solaris Foundation'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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