The Soloviev Foundation logo

The Soloviev Foundation

NEW YORK, NY EIN: 13-3614971 Website

The Soloviev Foundation is a private foundation based in New York City that serves as the charitable giving arm of the Soloviev Group. Established in 1991 in Delaware, the foundation is dedicated to supporting nonprofit organizations working across humanitarian, environmental, and educational causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$217.8M

-4.4% YoY

Annual Giving

$3.2M

+178.7% YoY

Grant Count

53

+178.9% YoY

Avg Grant Size

$60K

-0.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is intentionally broad: to help make a better world. The organization champions nonprofits striving to make the world better, more sustainable, and just.

The foundation supports work across three primary focus areas:

  • Humanitarian causes
  • Environmental initiatives
  • Educational programs

The foundation's approach emphasizes diversity in its partnerships, providing support to both large, long-established institutions addressing global crises and smaller, hyperlocal organizations serving populations in need within their communities.

Grantmaking

The foundation identifies needs that align with its values and seeks out nonprofit organizations best-suited to address those needs most effectively and make the largest impact. While all causes are considered in the giving plan, the foundation has particular commitments (though the specific priorities were not fully detailed in available sources).

Grant Range

$5,000–$382,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New York
  • Florida
  • California

Grant Distribution by State

13states
+5 more states

Cities

AlbanyAlexandriaArlingtonAshevilleAstoriaBridgehamptonBronxBrooklynDelray BeachEast HamptonElmhurstElmsfordHampton BaysHamptons BaysHartfordHollywoodJacksonvilleKingstonMiami BeachMoraga

Financial History

Multi-year comparison from IRS filings

Assets & Giving (as of 2024):

  • Total assets: $217.7–$227.9 million
  • Total giving (2024): $3.2 million
  • Total giving (2023): $1.1 million
  • Giving rate: approximately 0.5% of assets

Revenue & Expenses (2024):

  • Revenue: $3.2 million
  • Expenses: $13.8 million
  • Net assets: $217.7 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$24M$32M20202021202220232024
Metric202420232022
Total Assets$217,790,665$227,924,797$239,600,518
Revenue$3,243,677$-1,416,461$1,592,518
Expenses$13,843,472$10,259,260$3,776,856
Qualifying Distributions$17,065,087$10,143,044$3,236,861
Net Investment Income$3,135,365$3,313,671$1,788,355
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$911K$2M$3M$4M4 grants20207 grants202125 grants202219 grants202353 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SUTTER MEDICAL CENTER FO…$1.0MGONZAGA UNIVERSITY$500KSAINT MARY'S COLLEGE OF …$500KBLUE RIDGE PARKWAY FOUND…$100KHUDSON INSTITUTE$100KNEW YORK CITY POLICE FOU…$100KTHE NATIONAL CENTER FOR …$100KCITIZENS CRIME COMMISSIO…$75KCHABAD YOUNG PROFESSIONALS$44KADVENT CHURCH$35K

Grant Size Distribution

105 grants across all recorded years

75<$50K9$50–100K11$100–250K5$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEFAN Q SOLOVIEVPRESIDENT0.25
NIKOLAI SOLOWTREASURER0.25
MICHAEL HERSHMANVICE PRESIDENT AND SECRETARY0.25

Recent News & Activity

Recent developments and announcements

2025

The Soloviev Foundation announced a "Future Generations Essay Contest" with winners to be announced in May 2025.

The Soloviev Foundation Discloses Panel for Future Generations Essay Contest,

The foundation operates an art gallery at its office tower located at 9 West 57th Street in New York City, which showcases rotating exhibitions drawing from its collection of modern masters from the 20th century. The foundation also developed "Field of Light," a six-acre immersive installation designed by artist Bruce Munro, featuring 17,000 low-light fiber-optic stemmed spheres that change color throughout the day. The installation was scheduled to open at Freedom Plaza along the East River waterfront in Manhattan (38th to 41st streets) with free public access.

The Soloviev Foundation Discloses Panel for Future Generations Essay Contest,

Contact Information

Address: 9 West 57th Street, Floor 27, New York City, NY 10019-2701

Phone: 212-751-1100

Website: https://solovievfoundation.org

EIN: 13-3614971

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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