The Solway Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+5.8% YoY
Annual Giving
$50K
Grant Count
7
Avg Grant Size
$7K
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.
About The Solway Foundation
Based on IRS filings
The Solway Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,061,111 | $1,002,524 |
| Revenue | $50,567 | $1,042,371 |
| Expenses | $68,224 | $39,847 |
| Qualifying Distributions | $50,392 | $4,926 |
| Net Investment Income | $17,508 | — |
| Distributable Amount | $47,495 | $305 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 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 St Jude ($22,463), The Warm Place ($14,652), Broach Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JUDE MEMPHIS, TN | CANCER TREATMENT | $22,463 |
| BROACH FOUNDATION HOUSTON, TX | CANCER TREATMENT | $5,000 |
| MCCLEAN FORT WORTH, TX | EDUCATION | $1,158 |
| PURE ADEVENTURE FORT WORTH, TX | PARENTAL CONNECTION TOOLS | $5,000 |
| OVERTON PARK FORT WORTH, TX | EDUCATION | $1,000 |
| DSPNT FORT WORTH, TX | DOWN SYNDROME RESEARCH | $1,119 |
| THE WARM PLACE FORT WORTH, TX | GRIEF SUPPORT | $14,652 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRISTIN BUCHANAN | SECRETARY | 5 | — |
| KRISTIN BUCHANAN | TREASURER | 5 | — |
| DAVID BUCHANAN | PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Solway Foundation?
The Solway Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. It holds $1.1M in total assets as of 2024.
How large is The Solway Foundation?
As of 2024, The Solway Foundation holds $1.1M in total assets with $51K in annual revenue. It awarded 7 grants totaling $50K in 2024.
Where does The Solway Foundation operate?
The Solway Foundation has awarded grants in Tennessee, Texas.
What size grants does The Solway Foundation award?
In 2024, The Solway Foundation awarded 7 grants totaling $50K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Solway Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Solway Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Solway 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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