Solon Andreas Foundation

Organization Overview

Solon Andreas Foundation is located in Hilton Head Island, SC. The organization was established in 2007. 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. Solon Andreas 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 12/2021, Solon Andreas Foundation generated $85.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $80.8k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 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.

Since 2016, Solon Andreas Foundation has awarded 111 individual grants totaling $277,000. 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)Compensation
Jon D Andreas
Co-Trustee
$0
Martin L Andreas Jr
Co-Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $10
Dividends & Interest $43,833
Net Rental Income$0
Net Gain on Sale of Assets $41,794
Capital Gain Net Income $41,794
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $85,637

Grants Awarded

Over the last fiscal year, Solon Andreas Foundation has awarded $52,000 in support to 17 organizations.

Grant RecipientAmount

MORGAN COUNTY CHARTER SCHOOL SYSTEM

PURPOSE: CHARITABLE

$17,000

MT MERCY UNIVERSITY

Org PageRecipient Profile

Cedar Rapids, IA

PURPOSE: CHARITABLE

$5,500

WILLIAMSBURG COUNTY FIRE DEPT

PURPOSE: CHARITABLE

$3,000

BUIST ACADEMY

PURPOSE: CHARITABLE

$2,500

SOUTH CAROLINA AQUARIUM

Org PageRecipient Profile

Charleston, SC

PURPOSE: CHARITABLE

$2,500

CHARLESTON ANIMAL SOCIETY

Org PageRecipient Profile

North Charleston, SC

PURPOSE: CHARITABLE

$2,500
View Grant Profile

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