The Solovey Family Foundation Inc is a private foundation focused on Human Services, based in MELVILLE, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $411K in total assets. In 2024, it awarded 2 grants totaling $230K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$411K
-35.9% YoY
Annual Giving
$230K
-46.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$115K
-46.5% YoY
Under IRS private-foundation payout rules, The Solovey Family Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About The Solovey Family Foundation Inc
Based on IRS filings
The Solovey Family Foundation Inc is a private foundation focused on Human Services, based in MELVILLE, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $411K in total assets. In 2024, it awarded 2 grants totaling $230K.
Focus Areas
Ready to take the next step with The Solovey Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $411,203 | $641,483 | $71,792 |
| Revenue | — | $1,000,000 | $400,000 |
| Expenses | $230,280 | $430,309 | $328,208 |
| Qualifying Distributions | $230,000 | $430,000 | $328,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $28,530 | $14,512 | $6,799 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Chabad Lubavitch on the H ($180,000), HSF Rescue Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHABAD LUBAVITCH ON THE H fort lee, NJ | support for the high holidays | $180,000 |
| HSF Rescue Inc North Miami, FL | General fund | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| alex solovey | trustee | — | — |
| alla solovey | trustee | — | — |
| daniella solovey | trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Solovey Family Foundation Inc?
The Solovey Family Foundation Inc is a private foundation focused on Human Services, based in MELVILLE, NY. It holds $411K in total assets as of 2024.
How large is The Solovey Family Foundation Inc?
As of 2024, The Solovey Family Foundation Inc holds $411K in total assets. It awarded 2 grants totaling $230K in 2024.
Where does The Solovey Family Foundation Inc operate?
The Solovey Family Foundation Inc has awarded grants in Florida, New Jersey, New York.
What size grants does The Solovey Family Foundation Inc award?
In 2024, The Solovey Family Foundation Inc awarded 2 grants totaling $230K — an average of about $115K per grant, based on its IRS Form 990 filings.
How much is The Solovey Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Solovey Family Foundation Inc reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Solovey Family Foundation Inc's EIN?
The Solovey Family Foundation Inc's EIN (Employer Identification Number) is 87-4778221. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Solovey Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Tycher Family Foundation Inc
ROSELAND, NJ
Assets
$468K
Grants
4
Total Given
$35K
Rivkie and Lance Hirt Foundation
LAWRENCE, NY
Assets
$649K
Grants
23
Total Given
$512K
The Amin and Lillian Adjmi Foundation
NEW YORK, NY
Assets
$20.2M
Grants
368
Total Given
$3.6M
The Mary L Kenzie Foundation
AFTON, MN
Assets
$590K
Grants
15
Total Given
$33K
Ahavat Yisroel Humanity Inc
BROOKLYN, NY
Assets
$6.6M
Grants
36
Total Given
$3.9M
Community Foundation of New Jersey
MORRISTOWN, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Lorraine a Berger Family Foundation
NEW CITY, NY
Assets
$559K
Grants
13
Total Given
$30K
David & Chaya Zahler Foundation Inc
MONSEY, NY
Assets
$307K
Grants
1
Total Given
$3.4M
Patel Foundation Inc
JACKSON HEIGHTS, NY
Assets
$16K
Grants
2
Total Given
$111K
Matthew Neuenhaus Foundation
SADDLE RIVER, NJ
Assets
$1.0M
Grants
4
Total Given
$1.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Solovey Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities