The Bobbie Solley Foundation Inc
The Bobbie Solley Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $366K. Net investment income was $148K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-8.1% YoY
Annual Giving
$366K
+17.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$61K
+17.7% YoY
Under IRS private-foundation payout rules, The Bobbie Solley Foundation Inc reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bobbie Solley Foundation Inc
Based on IRS filings
The Bobbie Solley Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $366K. Net investment income was $148K.
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 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,224,165 | $2,420,767 | $2,799,433 |
| Revenue | $189,383 | $-65,520 | $121,412 |
| Expenses | $384,105 | $313,224 | $117,951 |
| Qualifying Distributions | $365,950 | $311,000 | $112,857 |
| Net Investment Income | $147,657 | $27,710 | $113,228 |
| Distributable Amount | $109,297 | $109,198 | $117,688 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lipscomb University ($175,000), Freed-hardeman University ($75,000), Christian Urban Development Association ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMBASSADORS FOR CHRIST SMYRNA, TN | PROVIDE FUNDING FOR EDUCATION IN TEGUCIGALPA, HONDURAS | $20,950 |
| CHRISTIAN URBAN DEVELOPMENT ASSOCIATION TULLAHOMA, TN | PROVIDE TRAINIG FOR PERU TEACHERS AND PRINCIPALS | $45,000 |
| FREED-HARDEMAN UNIVERSITY HENDERSON, TN | EXCELLENCE IN EDUCATION PROGRAM FUNDING | $75,000 |
| HEALING HANDS INTERNATIONAL | FUNDING FOR PRESCHOOL TEACHERS | $25,000 |
| LIPSCOMB UNIVERSITY NASHVILLE, TN | FUNDING FOR CHRISTIAN EDUCATORS PROGRAM | $175,000 |
| RENEW ORG FRANKLIN, TN | FUNDING FOR SCHOOL OF THEOLOGY AND APOLOGETICS | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BOBBIE SOLLEY | PRESIDENT | 5 | — |
| KATIE FRAZIER | SECRETARY/TREASURER | 2 | — |
| SHAWN FRAZIER | DIRECTOR | 1 | — |
| ANNA D'HERDE | DIRECTOR | 1 | — |
| BRIAN D'HERDE | DIRECTOR | 1 | — |
| RENEE SPROLES | DIRECTOR | 1 | — |
| CHRIS GINGLES | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bobbie Solley Foundation Inc?
The Bobbie Solley Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. It holds $2.2M in total assets as of 2024.
How large is The Bobbie Solley Foundation Inc?
As of 2024, The Bobbie Solley Foundation Inc holds $2.2M in total assets with $189K in annual revenue. It awarded 6 grants totaling $366K in 2024.
Where does The Bobbie Solley Foundation Inc operate?
The Bobbie Solley Foundation Inc has awarded grants in Kentucky, Tennessee, Texas.
What size grants does The Bobbie Solley Foundation Inc award?
In 2024, The Bobbie Solley Foundation Inc awarded 6 grants totaling $366K — an average of about $61K per grant, based on its IRS Form 990 filings.
How much is The Bobbie Solley Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bobbie Solley Foundation Inc reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bobbie Solley Foundation Inc's EIN?
The Bobbie Solley Foundation Inc's EIN (Employer Identification Number) is 82-1903160. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bobbie Solley Foundation Inc'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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