The Solway Foundation
The Solway Foundation is a private foundation, based in Fort Worth, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $50K. Net investment income was $18K.
The Solway Foundation at a glance
In short: The Solway Foundation gave $50K across 7 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,392
- Grants made (2024)
- 7
- Average grant
- $7,199
- Median grant
- $5,000
- Total assets
- $1,061,111
- +5.8% vs 2023
- Primary geography
- Texas (55% 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 Solway Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was St Jude ($22K). Together the top 7 received $50K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How The Solway Foundation gives
- In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). 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
In 2024 it made 7 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Jude Memphis, TN | Cancer Treatment | $22,463 |
| The Warm Place Fort Worth, TX | Grief Support | $14,652 |
| Broach Foundation Houston, TX | Cancer Treatment | $5,000 |
| Pure Adeventure Fort Worth, TX | Parental Connection Tools | $5,000 |
| McClean Fort Worth, TX | Education | $1,158 |
| DSPNT Fort Worth, TX | Down Syndrome Research | $1,119 |
| Overton Park Fort Worth, TX | Education | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,061,111 | $50,567 | $68,224 | $50,392 | 7 | $50,392 | $17,508 | $47,495 |
| 2023 | $1,002,524 | $1,042,371 | $39,847 | — | — | $4,926 | — | $305 |
Under IRS private-foundation payout rules, The Solway Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Solway Foundation is led by David Buchanan, President on every filing since 2023; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Buchanan
President
On filings since 2023
10 hrs/week
No compensation reported
Kristin Buchanan
Secretary & Treasurer
On filings since 2023
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Solway Foundation
How much does The Solway Foundation give each year?
The Solway Foundation gave $50K across 7 grants in 2024, according to its 2024 IRS Form 990-PF.
What is The Solway Foundation's typical grant size?
The Solway Foundation's median grant in 2024 was $5,000, and its average grant was $7,199, across 7 grants on its 2024 IRS Form 990-PF.
Where does The Solway Foundation give grants?
The Solway Foundation gives mostly in Texas: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (45%). The most frequent recipient cities were Fort Worth, TX (5 grants).
Does The Solway Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on The Solway Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Solway Foundation's largest grantees?
The Solway Foundation's largest 2024 grantees include St Jude ($22,463), The Warm Place ($14,652) and Broach Foundation ($5,000), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.
How large is The Solway Foundation?
The Solway Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets).
What is The Solway Foundation's EIN?
The Solway Foundation's EIN (Employer Identification Number) is 93-4824630. IRS Form 990 filing data is available on this page for 2023–2024.
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
- IRS filings on file for fiscal years 2023–2024
Live grants for the work The Solway Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Solway Foundation's focus areas in our free grants database
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