Sollar Foundation Inc
Sollar Foundation Inc is a private foundation based in New York City, established in 1969. The organization holds 501(c)(3) tax-exempt status and operates as a family foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$156K
+50.6% YoY
Annual Giving
$222K
+146.2% YoY
Grant Count
21
-4.5% YoY
Avg Grant Size
$11K
+158.0% YoY
Under IRS private-foundation payout rules, Sollar Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides funding for education, hospitals, and federated giving programs. Grants are designated for charitable programs with unrestricted use by recipients.
Grantmaking
The foundation made 33 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation is based in New York City and operates primarily in the United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $155,633
- Total Revenues: $494,578
- Total Expenses: $221,977
- Total Grants, Contributions, etc.: $273,326
- Investment Income and Dividends: $3,030
As of December 2023:
- Total Assets: $103,000
- Total Revenues: $157,744
- Total Expenses: $90,211
The foundation experienced significant growth in revenues between 2023 and 2024, with grants and contributions increasing 274.5% year-over-year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $155,633 | $103,351 | $123,142 |
| Revenue | $494,578 | $157,744 | $54,832 |
| Expenses | $221,977 | $90,211 | $167,155 |
| Qualifying Distributions | $221,902 | $90,121 | $167,100 |
| Net Investment Income | $221,252 | $84,706 | $54 |
| Distributable Amount | $4,088 | $3,529 | $7,639 |
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
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harmonie Preservation Foundation ($50,000), U J a - Federation ($41,800), Park Avenue Synagogue ($31,602).
| Recipient | Purpose | Amount |
|---|---|---|
| ADL (ANTI-DEFAMATION LEAGUE) NEW YORK, NY | FOR CHARITABLE PROGRAMS | $25,000 |
| ADELPHI UNIVERSITY GARDEN CITY, NY | FOR CHARITABLE PROGRAMS | $800 |
| AMERICAN FRIENDS OF RABIN MEDICAL CENTER NEW YORK, NY | FOR CHARITABLE PROGRAMS | $3,600 |
| CHILDREN'S MEDICAL CENTER BRONX, NY | FOR CHARITABLE PROGRAMS | $11,000 |
| CONGREGATION BETH JACOB BROOKLYN, NY | FOR CHARITABLE PROGRAMS | $500 |
| CYSTIC FIBROSIS FOUNDATION NEW YORK, NY | FOR CHARITABLE PROGRAMS | $1,000 |
| FRIENDS OF ISRAEL DEFENSE FORCES NEW YORK, NY | FOR CHARITABLE PROGRAMS | $25,000 |
| GLEN OAKS CLUB PHILANTHROPIC FUND OLD WESTBURY, NY | FOR CHARITABLE PROGRAMS | $750 |
| HARMONIE PRESERVATION FOUNDATION NEW YORK, NY | FOR CHARITABLE PROGRAMS | $50,000 |
| JEWISH FEDERATION OF PALM BEACH WEST PALM BEACH, FL | FOR CHARITABLE PROGRAMS | $1,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARNOLD SOLLAR | PRESIDENT | 1 | — |
| ELAINE EISEN | DIRECTOR | 1 | — |
Contact Information
Address: 805 3rd Avenue, Room 1100, New York City, NY 10022-7566
Telephone: 212-753-6407
EIN: 23-7024525
Frequently Asked Questions
What does Sollar Foundation Inc fund?
The foundation provides funding for education, hospitals, and federated giving programs. Grants are designated for charitable programs with unrestricted use by recipients.
How do I apply for a grant from Sollar Foundation Inc?
The foundation made 33 grants in 2024. Recent grants include: • Harmonie Preservation Foundation: $50,000 (December 2024) • Park Avenue Synagogue: $31,602 (December 2024) • Friends of the Israel Defense Forces: $25,000 (December 2024) The foundation supports organizations including UJA Federation and other charitable institutions.
Where does Sollar Foundation Inc make grants?
The foundation is based in New York City and operates primarily in the United States.
What size grants does Sollar Foundation Inc award?
In 2024, Sollar Foundation Inc awarded 21 grants totaling $222K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Sollar Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sollar Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sollar Foundation Inc's EIN?
Sollar Foundation Inc's EIN (Employer Identification Number) is 23-7024525. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sollar Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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