The Soloviev Foundation
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
105 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEFAN Q SOLOVIEV | PRESIDENT | 0.25 | — |
| NIKOLAI SOLOW | TREASURER | 0.25 | — |
| MICHAEL HERSHMAN | VICE PRESIDENT AND SECRETARY | 0.25 | — |
Recent News & Activity
Recent developments and announcements
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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