Solvare Inc
Solvare Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Belleaire, FL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $80K in total assets. In 2025, it awarded 12 grants totaling $23K. Net investment income was $2K.
Key facts about Solvare Inc
In short: Solvare Inc gave $23K across 12 grants in 2025 (avg $2K), mostly in Vermont. Source: 2025 IRS Form 990-PF.
- EIN
- 92-2430398
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $22,900
- Grants made (2025)
- 12
- Average grant
- $1,908
- Median grant
- $750
- Total assets
- $80,077
- Primary geography
- Vermont (63% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$80K
+50.6% YoY
Annual Giving
$23K
+32.8% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$2K
+21.7% YoY
How Solvare Inc gives
- 80% of 2025 grantees were also funded in 2024. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LAKE CHAMPLAIN MARITIME MUSEAUM Vergennes, VT | TO CONNECT ALL PEOPLE TO LAKE CHAMPLAIN, INSPIRING THEM TO LEARN FROM THE PAST, BUILD TOGETHER IN THE PRESENT, AND CREATE A SUSTAINABLE FUTURE. | $6,200 |
| AOPA ASI FOUNDATION Frederick, MD | TO IMPROVE GENERAL AVIATION SAFETY THROUGH RESEARCH, EDUCATION, AND OUTREACH, AIMING TO REDUCE ACCIDENTS AND INFLUENCE PILOT BEHAVIOR, POLICY MAKERS, AND TRAINING PROVIDERS. | $5,000 |
| BURLINGTON TECHNICAL CENTER Burlington, VT | SCHOLARSHIPS FOR TWO STUDENTS PURSUING CERTIFIED FAA AIRFRAME & POWER PLANT MECHANICS | $3,000 |
| JUSTIN FINN Westford, VT | SCHOLARSHIP IN FUNDING TUITION EXPENSES AT BURLINGTON TECHNICAL CENTER AIRFRAME AND POWERPLANT CERTIFICATION PROGRAM | $2,500 |
| RILEY FARMER Hinesburg, VT | SCHOLARSHIP IN FUNDING TUITION EXPENSES AT BURLINGTON TECHNICAL CENTER AIRFRAME AND POWERPLANT CERTIFICATION PROGRAM | $2,500 |
| BELLEAIR COMMUNITY FOUNDATION Belleair, FL | TO ENCOURAGE, SUPPORT, AND ENHANCE THE LIFESTYLE OF THE RESIDENTS OF THE TOWN OF BELLEAIR. | $1,000 |
| DARWIN R BARKER LIBRARY Fredonia, NY | OFFERING ACCESS TO RESOURCES AND FOSTERING A LOVE OF READING, LEARNING, AND LITERACY. | $500 |
| FREDONIA OPERA HOUSE Fredonia, NY | TO PRESENT THE PERFORMING ARTS FOR THE BENEFIT OF THE COMMUNITY AND REGION WHILE PRESERVING A HISTORICALLY SIGNIFICANT LANDMARK, BELIEVING THAT ACCESS TO ARTISTIC DIVERSITY ENRICHES THE QUALITY OF LIFE | $500 |
| AMERICAN BICYCLING EDUCATION ASSOCI Winter Springs, FL | TO MAKE A DIFFERENCE IN PEOPLE'S LIVES BY EMPOWERING THEM TO USE THEIR BIKES TO GO ANYWHERE THEY WANT, SAFELY AND CONFIDENTLY. | $500 |
| FLORIDA BICYCLE ASSOCIATION Winter Garden, FL | HELP TEACH BICYCLE SAFETY | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $80,077 | $53,184 | $32,864 |
| Revenue | $49,469 | $42,390 | $36,196 |
| Expenses | $27,464 | $17,954 | $11,337 |
| Qualifying Distributions | $22,900 | $17,250 | $11,337 |
| Net Investment Income | $1,634 | $1,033 | $91 |
| Distributable Amount | — | — | $849 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Officers and directors from IRS filings
Solvare Inc is led by Patricia L. Weaver, President on every filing since 2023; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patricia L. Weaver
President
On filings since 2023
3 hrs/week
No compensation reported
A. Donald Gilbert
Director
On filings since 2023
1 hr/week
No compensation reported
Lawrence D. Copp
Treasurer
Secretary & Treasurer → Treasurer, 2024
On filings since 2023
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Solvare Inc
How much does Solvare Inc give each year?
Solvare Inc gave $23K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 11 grants.
What is Solvare Inc's typical grant size?
Solvare Inc's median grant in 2025 was $750, and its average grant was $1,908, across 12 grants on its 2025 IRS Form 990-PF.
Where does Solvare Inc give grants?
Solvare Inc gives mostly in Vermont: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Maryland (22%) and Florida (9%). The most frequent recipient cities were Fredonia, NY (2 grants).
Does Solvare Inc give general operating support?
Occasionally: 8% of Solvare Inc's 2025 grants with a stated purpose (1 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Solvare Inc's largest grantees?
Solvare Inc's largest 2025 grantees include Lake Champlain Maritime Museaum ($6,200), Aopa Asi Foundation ($5,000) and Burlington Technical Center ($3,000), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is Solvare Inc?
Solvare Inc reported $80K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $49K.
What is Solvare Inc?
Solvare Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Belleaire, FL. It holds $80K in total assets as of 2025.
What is Solvare Inc's EIN?
Solvare Inc's EIN (Employer Identification Number) is 92-2430398. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Solvare Inc by hand.
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