Solomon Family Foundation
Solomon Family Foundation is a private foundation, based in River Forest, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 2 grants totaling $62K. Net investment income was $94K.
Key facts about Solomon Family Foundation
In short: Solomon Family Foundation gave $62K across 2 grants in 2024 (avg $31K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- EIN
- 36-7213611
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $61,977
- Grants made (2024)
- 2
- Average grant
- $30,989
- Median grant
- $30,989
- Total assets
- $1,034,945
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+3.3% YoY
Annual Giving
$62K
+10.3% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$31K
+65.5% YoY
Under IRS private-foundation payout rules, Solomon Family Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
How Solomon Family Foundation gives
- Giving grew 123% from 2021 to 2024. Method
- In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Solomon Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $28K (2021) to $159K (2020). In 2024 it made 2 grants totaling $62K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Various Small Donations ($53K). Together the top 2 received $62K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 20 grants of 23 (87%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Small Donations River Forest, IL | Various Small Amount Donations | $52,941 |
| West Suburban Temple River Forest, IL | Donation to Church | $9,036 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,034,945 | $1,001,551 | $1,048,089 |
| Revenue | $93,609 | $66,841 | $13,418 |
| Expenses | $80,888 | $88,099 | $130,754 |
| Qualifying Distributions | $61,977 | $71,028 | $112,057 |
| Net Investment Income | $93,609 | $66,841 | $35,761 |
| Distributable Amount | $77,283 | $70,692 | $75,266 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Solomon Family Foundation is led by Hai Solomon, President on every filing since 2019; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hai Solomon
President
On filings since 2019
1 hr/week
No compensation reported
Carol Solomon
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Solomon Family Foundation
How much does Solomon Family Foundation give each year?
Solomon Family Foundation gave $62K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $56K across 3 grants.
How large is Solomon Family Foundation?
Solomon Family Foundation reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Solomon Family Foundation operate?
Solomon Family Foundation has awarded grants in California, District of Columbia, Guam, Illinois, North Carolina, New York, Virginia, Washington.
What is Solomon Family Foundation's EIN?
Solomon Family Foundation's EIN (Employer Identification Number) is 36-7213611. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Solomon Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Solomon Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Lamb Weston Charitable Foundation
Eagle, ID
The foundation funds 501(c)(3) community programs, employee matching gifts, and scholarships for employees’ children, with recent grants supporting food banks and hunger relief. In 2024, grants ranged from $5,000 to $795,172, with a median of $40,565, and supported communities where Lamb Weston operates and employees live and work, including Idaho, Minnesota, Washington, and Oregon. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$12.9M
Grants
11
Total Given
$1.3M
Credit Suisse Americas Foundation
New York, NY
Before dissolving on October 16, 2024, Credit Suisse Americas Foundation made general operating grants, with its 2024 awards ranging from $6,954 to $811,880. Nearly all 2024 grant dollars went to organizations in Pennsylvania, with 1% going to Illinois; it accepted written proposals with an IRS determination letter, with deadlines of February 15 and August 15.
Assets
—
Grants
2
Total Given
$819K
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Pearl Colman Foundation
Palo Alto, CA
The Pearl Colman Foundation funds charitable organizations working in areas including civic engagement, community organizing, anti-hate efforts, immigration, education, health, and the environment. Its 2024 grants ranged from $100 to $20,000, with a median of $1,800, and went mainly to organizations in D.C., California, Massachusetts, New York, and Washington. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.2M
Grants
35
Total Given
$142K
Admirals Cove Foundation Inc
Jupiter, FL
The Admirals Cove Foundation funds nonprofit programs in education, health, and social services, with a focus on people in need in northern Palm Beach County, especially Jupiter residents. Its 2025 grants had a median of $25,000 and ranged from $5,100 to $1,066,460; the profile does not state whether it accepts unsolicited requests.
Assets
$1.4M
Grants
74
Total Given
$3.4M
The Dr E Lawrence Deckinger Family
New York, NY
Assets
$1.4M
Grants
102
Total Given
$89K
The Beacon Foundation
Warwick, RI
The Beacon Foundation funds U.S. nonprofits and municipalities working in health, wellness, education, disability services, and other charitable or civic areas, with priority for Rhode Island and nearby communities. Its 2025 grants ranged from $20 to $20,100, with a median of $1,000. It accepts unsolicited requests.
Assets
$4.5M
Grants
151
Total Given
$205K
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
Jewish Federation of Metropolitan Chicago
Chicago, IL
The Jewish Federation of Metropolitan Chicago funds human services, Jewish education and community programs, crisis response, and support for Israel and Jewish communities worldwide, primarily through Chicago-area agencies and initiatives. In 2025, its grants had a median of about $20,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.
Assets
$1.1B
Grants
896
Total Given
$166.6M
Arizona Community Foundation
Phoenix, AZ
Arizona Community Foundation funds nonprofits, schools, tribal entities, government agencies, and most religious organizations in areas including arts and culture, community development, the environment, health, and education. Its 2025 grants had a median of $17,760; most funding goes to Arizona, though it also awards grants nationally. Competitive grants require an online application during an open cycle; the profile does not state whether unsolicited requests are accepted.
Assets
$1.2B
Grants
1,174
Total Given
$92.9M
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
More Funders in Illinois
Solomon Family Foundation down — hundreds of funders to go?