Robert Lockwood Solley Foundation
- Assets
- $29.1k
- Revenue
- $9.5k
- Investments
- $24.9k
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 22-3660283
Organization Overview
Robert Lockwood Solley Foundation is located in Vero Beach, FL. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert Lockwood Solley Foundation 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, Robert Lockwood Solley Foundation generated $9.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $7.7k during the year ending 12/2023. While expenses have increased by 19.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATIONS ONLY CHARITABLE ACTIVITY IS GRANT MAKING PART IX-A IS NOT APPLICABLE THERE ARE NO DIRECT CHARITABLE ACTIVITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $575 |
| Interest on Savings | $9 |
| Dividends & Interest | $1,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,505 |
| Capital Gain Net Income | $7,505 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $592 |
| Contributions, gifts, grants paid | $7,100 |
| Total expenses and disbursements | $7,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,155 |
| 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 | $29,073 |
| 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, Robert Lockwood Solley Foundation has awarded $7,100 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HIBISCUS CHILDRENS CENTER PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,100 |
THE SOURCE PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,000 |
BOYS AND GIRLS CLUB PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,000 |
HOPE FOR FAMILIES CENTER PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,000 |
IR HABITAT FOR HUMANITY PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,000 |
WOMENS REFUGE OF VERO BEACH PURPOSE: GENERAL SUPPORT FOR OPERATIONS | $1,000 |