The Bobbie Solley Foundation Inc
The Bobbie Solley Foundation Inc is a private foundation, 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.
The Bobbie Solley Foundation Inc at a glance
In short: The Bobbie Solley Foundation Inc gave $366K across 6 grants in 2024 (avg $61K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $365,950
- +17.7% vs 2023
- Grants made (2024)
- 6
- +0.0% vs 2023
- Average grant
- $60,992
- +17.7% vs 2023
- Median grant
- $35,000
- Total assets
- $2,224,165
- -8.1% vs 2023
- Primary geography
- Tennessee (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Bobbie Solley Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Lipscomb University ($175K). Together the top 6 received $366K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 20 grants of 26 (77%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How The Bobbie Solley Foundation Inc gives
- Giving grew 98% from 2021 to 2024. Method
- In 2024 it paid out 335% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $113K (2022) to $366K (2024). In 2024 it made 6 grants totaling $366K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lipscomb University Nashville, TN | Funding for Christian Educators Program | $175,000 |
| Freed-Hardeman University Henderson, TN | Excellence in Education Program Funding | $75,000 |
| Christian Urban Development Association Tullahoma, TN | Provide Trainig for Peru Teachers and Principals | $45,000 |
| Healing Hands International | Funding for Preschool Teachers | $25,000 |
| Renew Org Franklin, TN | Funding for School of Theology and Apologetics | $25,000 |
| Ambassadors for Christ Smyrna, TN | Provide Funding for Education in Tegucigalpa, Honduras | $20,950 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,224,165 | $189,383 | $384,105 | $365,950 | 6 | $365,950 | $147,657 | $109,297 |
| 2023 | $2,420,767 | $-65,520 | $313,224 | $311,000 | 6 | $311,000 | $27,710 | $109,198 |
| 2022 | $2,799,433 | $121,412 | $117,951 | $112,857 | 4 | $112,857 | $113,228 | $117,688 |
| 2021 | $2,794,170 | $274,570 | $192,802 | $185,287 | 5 | $185,287 | $263,063 | $131,159 |
| 2020 | $2,712,402 | $338,943 | $176,666 | $171,980 | 5 | — | $326,502 | $110,475 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Bobbie Solley Foundation Inc is led by Bobbie Solley, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bobbie Solley
President
On filings since 2020
5 hrs/week
No compensation reported
Anna D'herde
Director
On filings since 2020
1 hr/week
No compensation reported
Brian D'herde
Director
On filings since 2020
1 hr/week
No compensation reported
Chris Gingles
Director
On filings since 2020
1 hr/week
No compensation reported
Renee Sproles
Director
On filings since 2020
1 hr/week
No compensation reported
Shawn Frazier
Director
On filings since 2020
1 hr/week
No compensation reported
Katie Frazier
Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Bobbie Solley Foundation Inc
How much does The Bobbie Solley Foundation Inc give each year?
The Bobbie Solley Foundation Inc gave $366K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $311K across 6 grants.
What is The Bobbie Solley Foundation Inc's typical grant size?
The Bobbie Solley Foundation Inc's median grant in 2024 was $35,000, and its average grant was $60,992, across 6 grants on its 2024 IRS Form 990-PF.
Where does The Bobbie Solley Foundation Inc give grants?
The Bobbie Solley Foundation Inc gives mostly in Tennessee: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does The Bobbie Solley Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on The Bobbie Solley Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Bobbie Solley Foundation Inc's largest grantees?
The Bobbie Solley Foundation Inc's largest 2024 grantees include Lipscomb University ($175,000), Freed-Hardeman University ($75,000) and Christian Urban Development Association ($45,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.
How large is The Bobbie Solley Foundation Inc?
The Bobbie Solley Foundation Inc reported $2.2M in total assets on its 2024 IRS Form 990-PF. It paid out $366K in qualifying distributions that year, against a required minimum of $109K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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