Solon-andreas Foundation

HILTON HEAD ISLAND, SC EIN: 26-0540143

Solon-andreas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILTON HEAD ISLAND, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $611K in total assets. In 2024, it awarded 13 grants totaling $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$611K

-12.1% YoY

Annual Giving

$24K

-17.2% YoY

Grant Count

13

-13.3% YoY

Avg Grant Size

$2K

-4.5% YoY

Under IRS private-foundation payout rules, Solon-andreas Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Solon-andreas Foundation

Based on IRS filings

Solon-andreas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILTON HEAD ISLAND, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $611K in total assets. In 2024, it awarded 13 grants totaling $24K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Cedar RapidsCharlestonHilton Head IslandKingstreeMadisonNorth CharlestonOkatie

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$47K$71K$94K20202021202220232024
Metric202420232022
Total Assets$611,356$695,720$735,612
Revenue$-31,459$19,343$-54,411
Expenses$52,905$57,180$58,270
Qualifying Distributions$24,000$29,000$30,000
Net Investment Income$4,026
Distributable Amount$22,948$25,052$30,306

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$21K$32K$43K13 grants202012 grants202116 grants202215 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MT MERCY UNIVERSITY$4KHILTON HEAD RECREATION A…$3KLITTLE ISLAND PRESCHOOL …$3KSPRING ISLAND TRUST$2KWILLIAMSBURG ACADEMY$2KMORGAN COUNTY CHARTER SC…$2KWILLIAMSBURG COUNTY FIRE…$2KCHARLESTON ANIMAL SOCIETY$2KACADEMIC MAGNET BOOSTER …$2KTHE FIRST FREE WILL BAPT…$1K

Grant Size Distribution

69 grants across all recorded years

69<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mt Mercy University ($4,000), Hilton Head Recreation Association ($3,400), Little Island Preschool of Hilton H ($3,000).

RecipientPurposeAmount
SPRING ISLAND TRUST OKATIE, SCCHARITABLE$2,000
THE BUIST ACADEMY FOUNDATION CHARLESTON, SCCHARITABLE$500
LITTLE ISLAND PRESCHOOL OF HILTON H HILTON HEAD ISLAND, SCCHARITABLE$3,000
THE FIRST FREE WILL BAPTIST CHURCH KINGSTREE, SCCHARITABLE$1,000
HILTON HEAD RECREATION ASSOCIATION HILTON HEAD ISLAND, SCCHARITABLE$3,400
WILLIAMSBURG COUNTY FIRE DEPT KINGSTREE, SCCHARITABLE$1,500
WILLIAMSBURG ACADEMY KINGSTREE, SCCHARITABLE$2,000
CHARLESTON ANIMAL SOCIETY NORTH CHARLESTON, SCCHARITABLE$1,500
MORGAN COUNTY CHARTER SCHOOL SYSTEM MADISON, GACHARITABLE$2,000
MT MERCY UNIVERSITY CEDAR RAPIDS, IACHARITABLE$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JON D ANDREASCO-TRUSTEE$12KMARTIN L ANDREAS JRCO-TRUSTEE$12K

From 2024 filing

NameTitleHoursCompensation
JON D ANDREASCO-TRUSTEE$12,000
MARTIN L ANDREAS JRCO-TRUSTEE$12,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Solon-andreas Foundation?

Solon-andreas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILTON HEAD ISLAND, SC. It holds $611K in total assets as of 2024.

How large is Solon-andreas Foundation?

As of 2024, Solon-andreas Foundation holds $611K in total assets with $-31,459 in annual revenue. It awarded 13 grants totaling $24K in 2024.

Where does Solon-andreas Foundation operate?

Solon-andreas Foundation has awarded grants in Georgia, Iowa, South Carolina.

What size grants does Solon-andreas Foundation award?

In 2024, Solon-andreas Foundation awarded 13 grants totaling $24K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Solon-andreas Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Solon-andreas Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Solon-andreas Foundation's EIN?

Solon-andreas Foundation's EIN (Employer Identification Number) is 26-0540143. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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