Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INCLINE VILLAGE, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $152K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$152K
Annual Giving
$8K
Grant Count
4
Avg Grant Size
$2K
Under IRS private-foundation payout rules, Solomon Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Solomon Foundation
Based on IRS filings
Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INCLINE VILLAGE, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $152K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $7K.
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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $152,345 | — | $158,541 |
| Revenue | $7,318 | $18,023 | $19,895 |
| Expenses | $8,744 | $15,692 | $18,233 |
| Qualifying Distributions | $8,744 | — | $18,051 |
| Net Investment Income | $7,318 | — | $9,895 |
| Distributable Amount | $7,469 | $7,037 | $6,521 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Misc Public Charities ($6,400), El Segundo Education Foundation ($800), Child Fund International ($531).
| Recipient | Purpose | Amount |
|---|---|---|
| Child Fund International Henrico, VA | Children in poverty | $531 |
| Planned Parenthood Washington, DC | Health Access | $400 |
| El Segundo Education Foundation El Segundo, CA | Academic and innovative programs | $800 |
| Misc Public Charities Incline Village, NV | Support for environmental health and education | $6,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Margaret Solomon | President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Solomon Foundation?
Solomon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INCLINE VILLAGE, NV. It holds $152K in total assets as of 2024.
How large is Solomon Foundation?
As of 2024, Solomon Foundation holds $152K in total assets with $7K in annual revenue. It awarded 4 grants totaling $8K in 2024.
Where does Solomon Foundation operate?
Solomon Foundation has awarded grants in California, District of Columbia, Nevada, Rhode Island, Virginia.
What size grants does Solomon Foundation award?
In 2024, Solomon Foundation awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Solomon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Solomon Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Solomon Foundation's EIN?
Solomon Foundation's EIN (Employer Identification Number) is 58-2674517. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Solomon 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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