Solder True Life Foundation
Solder True Life Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $257K.
Solder True Life Foundation at a glance
In short: Solder True Life Foundation gave $10K across 2 grants in 2024 (avg $5K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,014
- -88.2% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $5,007
- -88.2% vs 2023
- Median grant
- $5,007
- Total assets
- $4,791,742
- +1.2% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Solder True Life Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Shore Capital Food & Beverage Partners Fund II ($14).
Organizations only. It also paid 1 grant to individuals ($10,000), which are not listed by name.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 11 grants of 13 (85%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Solder True Life Foundation gives
- Giving fell 95% from 2021 to 2024. Method
- In 2024 it paid out 157% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2024) to $183K (2021). In 2024 it made 2 grants totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $10,000 |
| Shore Capital Food & Beverage Partners Fund II Chicago, IL | Passthru | $14 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,791,742 | $313,950 | $409,388 | $10,014 | 2 | $352,361 | $256,923 | $223,901 |
| 2023 | $4,735,083 | $328,122 | $380,567 | $85,000 | 2 | $344,499 | $119,064 | $210,963 |
| 2022 | $4,511,672 | $214,767 | $428,154 | $15,050 | 4 | $394,091 | $85,025 | $225,360 |
| 2021 | $5,290,367 | $371,817 | $296,672 | $183,017 | 2 | $183,017 | $371,817 | $250,778 |
| 2020 | $5,172,521 | $1,208,393 | $132,153 | $26,000 | 3 | — | $664,163 | $196,472 |
Under IRS private-foundation payout rules, Solder True Life Foundation reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Solder True Life Foundation is led by Nathan Solder, President on every filing since 2020; 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Nathan Solder
President
On filings since 2020
5 hrs/week
No compensation reported
Bridget Wise
Secretary
On filings since 2020
25 hrs/week
$95K (2024)
Karen Marsh
Treasurer
On filings since 2020
30 hrs/week
$52K (2024)
Alexis Solder
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Jack Easterby
Board Member
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $95K, to Bridget Wise (Secretary). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Solder True Life Foundation
How much does Solder True Life Foundation give each year?
Solder True Life Foundation gave $10K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $85K across 2 grants.
How large is Solder True Life Foundation?
Solder True Life Foundation reported $4.8M in total assets on its 2024 IRS Form 990-PF. It paid out $352K in qualifying distributions that year, against a required minimum of $224K (roughly 5% of its investment assets).
Where does Solder True Life Foundation operate?
Solder True Life Foundation has awarded grants in Colorado, Connecticut, Illinois, Massachusetts, New Jersey, New York, Rhode Island, Vermont.
What is Solder True Life Foundation's EIN?
Solder True Life Foundation's EIN (Employer Identification Number) is 84-4045550. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Solder True Life Foundation funds
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