The Solomon Foundation is a private foundation focused on Community Improvement & Capacity Building, based in TEXARKANA, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $105K in total assets. In 2022, it awarded 3 grants totaling $9K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$105K
Annual Giving
$9K
Grant Count
3
Avg Grant Size
$3K
Under IRS private-foundation payout rules, The Solomon Foundation reported a distributable amount of $183 for 2022 — the minimum it must pay out in qualifying distributions.
About The Solomon Foundation
Based on IRS filings
The Solomon Foundation is a private foundation focused on Community Improvement & Capacity Building, based in TEXARKANA, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $105K in total assets. In 2022, it awarded 3 grants totaling $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2020 |
|---|---|---|
| Total Assets | $104,772 | $133,370 |
| Revenue | $5,526 | — |
| Expenses | $34,927 | $15,240 |
| Qualifying Distributions | $34,927 | — |
| Net Investment Income | — | — |
| Distributable Amount | $183 | $6,046 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2022
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Sarah Hall Legal ($5,500), Kayla King ($2,000), Walking for Williams Fundraiser ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KAYLA KING TEXARKANA, TX | LOW INCOME FAMILY | $2,000 |
| SARAH HALL LEGAL TEXARKANA, TX | HELPED FOR THER DIVORCE | $5,500 |
| WALKING FOR WILLIAMS FUNDRAISER TEXARKANA, TX | FUNDRAISER | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ZACK AMES | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Solomon Foundation?
The Solomon Foundation is a private foundation focused on Community Improvement & Capacity Building, based in TEXARKANA, TX. It holds $105K in total assets as of 2022.
How large is The Solomon Foundation?
As of 2022, The Solomon Foundation holds $105K in total assets with $6K in annual revenue. It awarded 3 grants totaling $9K in 2022.
Where does The Solomon Foundation operate?
The Solomon Foundation has awarded grants in Texas.
What size grants does The Solomon Foundation award?
In 2022, The Solomon Foundation awarded 3 grants totaling $9K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Solomon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Solomon Foundation reported a distributable amount of $183 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Solomon Foundation's EIN?
The Solomon Foundation's EIN (Employer Identification Number) is 84-3578941. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in The Solomon Foundation'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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