Solan Family Foundation Inc
- Assets
- $568.8k
- Revenue
- $86.5k
- Investments
- $545.5k
- Employees
- 0
- Location
- Briarcliff Manor, NY
- Founding
- 05/1997
- Data as of
- 12/2021
- 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 12/2021, Solan Family Foundation Inc generated $86.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $88.6k during the year ending 12/2021. While expenses have increased by 0.2% 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 2014, Solan Family Foundation Inc has awarded 157 individual grants totaling $540,065. 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 Wienberg President | 3 | $0 | |
Alicia Ila Solan-Teglasi Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,825 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,208 |
| Capital Gain Net Income | $39,208 |
| Net ST Capital Gain | $39,208 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $18,582 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $88,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,238 |
| 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 | $568,777 |
| 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 $70,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Bronx, NY PURPOSE: CHARITABLE | $11,730 |
TULANE UNIVERSITY PURPOSE: GENERAL USE | $10,000 |
White Plains, NY PURPOSE: CHARITABLE | $6,000 |
Ossining, NY PURPOSE: CHARITABLE | $6,000 |
Englewood, NJ PURPOSE: GENERAL USE | $5,270 |
CORNELL UNIVERSITY PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of The Pioneer Valley Inc Springfield, MA | $1,569,230 | $6,508,731 |
Goodwill Industries Of The Berkshires And Southern Vermont In Pittsfield, MA | $1,961,231 | $5,923,372 |
Goodwill Services Inc Harrisburg, PA | $1,174,955 | $4,133,942 |
C D L Foundation Inc Lawrence, NY | $9,728,036 | $6,948,040 |
Cumberland Goodwill Fire Rescue Ems Inc Carlisle, PA | $2,706,189 | $4,365,885 |
Goodwill Commercial Services Inc Pittsburgh, PA | $316,544 | $3,683,936 |
Fund For Life Foundation Inc Brooklyn, NY | $41,149,257 | $1,026,606 |
Perry & Donna Golkin Family Foundation New York, NY | $20,120,951 | $2,418,133 |
Liberty Bank Foundation Middletown, CT | $32,713,234 | $3,808,061 |
Beagary Charitable Tr Brooklyn, CT | $18,615,982 | $789,641 |
David And Katherine Moore Family Foundation Rye Brook, NY | $18,358,515 | $2,170,020 |
Goodwill Keystone Area Foundation Harrisburg, PA | $10,311,808 | $798,499 |