Solder True Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+1.2% YoY
Annual Giving
$10K
-88.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$5K
-88.2% YoY
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.
About Solder True Life Foundation
Based on IRS filings
Solder True Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $4,791,742 | $4,735,083 | $4,511,672 |
| Revenue | $313,950 | $328,122 | $214,767 |
| Expenses | $409,388 | $380,567 | $428,154 |
| Qualifying Distributions | $352,361 | $344,499 | $394,091 |
| Net Investment Income | $256,923 | $119,064 | $85,025 |
| Distributable Amount | $223,901 | $210,963 | $225,360 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Althea Johnson ($10,000), Shore Capital Food & Beverage Partners Fund Ii ($14).
| Recipient | Purpose | Amount |
|---|---|---|
| ALTHEA JOHNSON NEWARK, NJ | GENERAL SUPPORT | $10,000 |
| SHORE CAPITAL FOOD & BEVERAGE PARTNERS FUND II CHICAGO, IL | PASSTHRU | $14 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NATHAN SOLDER | PRESIDENT | 5 | — |
| ALEXIS SOLDER | VICE PRESIDENT | 5 | — |
| JACK EASTERBY | BOARD MEMBER | 1 | — |
| KAREN MARSH | TREASURER | 30 | $52,055 |
| BRIDGET WISE | SECRETARY | 25 | $95,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Solder True Life Foundation?
Solder True Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.8M in total assets as of 2024.
How large is Solder True Life Foundation?
As of 2024, Solder True Life Foundation holds $4.8M in total assets with $314K in annual revenue. It awarded 2 grants totaling $10K in 2024.
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 size grants does Solder True Life Foundation award?
In 2024, Solder True Life Foundation awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Solder True Life Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Solder True Life Foundation reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Solder True Life 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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