The Solomon Family Foundation Inc

Private foundation · Grantmaker Miami, FL EIN: 65-0717960

The Solomon Family Foundation Inc is a private foundation, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.4M in total assets. In 2024, it awarded 1 grant totaling $795K. Net investment income was $503K.

The Solomon Family Foundation Inc at a glance

In short: The Solomon Family Foundation Inc gave $795K across 1 grant in 2024 (avg $795K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$795,000
+0.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$795,000
+0.0% vs 2023
Median grant
$795,000
Total assets
$15,418,856
-1.7% vs 2023
Primary geography
Florida (100% 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 Solomon Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Raymond James Donor Advised Fund: $795KRaymond James Donor AdvisedFund$795K

The largest 2024 recipient was Raymond James Donor Advised Fund ($795K).

Grant Size Distribution

7 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 7 (71%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

St PeterburgMerrifieldTallahassee

How The Solomon Family Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+13%). Method
  • In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$200K$400K$600K$800K1 grant2020 3 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $662K (2020) to $795K (2024). In 2024 it made 1 grant totaling $795K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Raymond James Donor Advised Fund St Peterburg, FLCharitable$795,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$15,418,856$630,110$892,335$795,0001$795,000$502,760$881,781
2023$15,681,081$468,860$855,452$795,0001$795,000$388,269$795,079
2022$14,740,842$176,213$823,947$760,0001$760,000$204,127$796,235
2021$15,388,576$7,824,844$731,568$705,2003$705,200$466,577$758,079
2020$8,295,300$183,440$671,946$662,0001—$173,494$705,398

Under IRS private-foundation payout rules, The Solomon Family Foundation Inc reported a distributable amount of $882K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Solomon Family Foundation Inc is led by Sara Solomon, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sara Solomon

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ilona Solomon

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard Shuster

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sebastian Solomon

    Director

    On filings since 2020

    1 hr/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 Solomon Family Foundation Inc

How much does The Solomon Family Foundation Inc give each year?

The Solomon Family Foundation Inc gave $795K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $795K across 1 grant.

How large is The Solomon Family Foundation Inc?

The Solomon Family Foundation Inc reported $15.4M in total assets on its 2024 IRS Form 990-PF. It paid out $795K in qualifying distributions that year, against a required minimum of $882K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Solomon Family Foundation Inc operate?

The Solomon Family Foundation Inc has awarded grants in Florida, Virginia.

What is The Solomon Family Foundation Inc's EIN?

The Solomon Family Foundation Inc's EIN (Employer Identification Number) is 65-0717960. 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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Solomon Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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