Solan Family Foundation Inc
- Assets
- $615.9k
- Revenue
- $111.9k
- Investments
- $516.0k
- Employees
- 0
- Location
- Briarcliff Manor, NY
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 13-3921332
Organization Overview
Solan Family Foundation Inc is located in Briarcliff Manor, NY. The organization was established in 1997. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solan Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Solan Family Foundation Inc generated $111.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $66.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Solan Family Foundation Inc has awarded 188 individual grants totaling $656,975. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samara Solan President | 3 | $0 | |
Alicia Ila Solan-Teglasi Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,643 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,761 |
| Capital Gain Net Income | $69,761 |
| Net ST Capital Gain | $69,761 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $111,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,622 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165 |
| Total operating and administrative expenses | $19,954 |
| Contributions, gifts, grants paid | $46,910 |
| Total expenses and disbursements | $66,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,896 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $615,869 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Solan Family Foundation Inc has awarded $46,910 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
RIVERDALE JEWISH CENTER PURPOSE: CHARITABLE | $7,930 |
BET AM SHALOM SYNAGOGUE PURPOSE: CHARITABLE | $6,250 |
OSSINING CHILDREN'S CENTER PURPOSE: CHARITABLE | $7,050 |
JCCA PURPOSE: GENERAL NEEDS | $500 |
THE HEBREW FREE BURIAL SOCIETY PURPOSE: PROMOTE CHARITABLE WORKS | $1,000 |
UNITED JEWISH APPEAL PURPOSE: PROMOTE CHARITABLE WORKS | $1,250 |