Alfred Z Solomon Test Tr
- Assets
- $4.5m
- Revenue
- $752.4k
- Investments
- $4.3m
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 13-7430894
Organization Overview
Alfred Z Solomon Test Tr is located in Saratoga Springs, NY. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Alfred Z Solomon Test Tr 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, Alfred Z Solomon Test Tr generated $752.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $442.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alfred Z Solomon Test Tr has awarded 227 individual grants totaling $3,568,485. 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 |
|---|---|---|---|
Victoria Garlanda Trustee | 5 | $13,904 | |
Harry D Snyder Trustee | 5 | $13,904 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23 |
| Dividends & Interest | $245,947 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $506,329 |
| Capital Gain Net Income | $506,329 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $89 |
| Total Revenue | $752,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,808 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,176 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,890 |
| Total operating and administrative expenses | $84,924 |
| Contributions, gifts, grants paid | $357,583 |
| Total expenses and disbursements | $442,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $220,901 |
| 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 | $1,116 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,435 |
| Total assets | $4,540,208 |
| 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, Alfred Z Solomon Test Tr has awarded $357,583 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
THE WESLEY FOUNDATION PURPOSE: CAMPAIGN FOR SPRINGS: PAYMENT 3 OF 5 | $100,000 |
Beverly, MA PURPOSE: 1 WEEK MISSION TO KIBAGABAGA, RWANDA | $25,000 |
COOPERATIVE EXTENSION ASSOC PURPOSE: INSTAL OF NEW EDUCATION CTR | $25,000 |
ST JOHN'S EPISCOPAL CHURCH PURPOSE: BUY/INSTALL ACCESSIBILITY LIFT | $25,000 |
Elmont, NY PURPOSE: BUY A USED SEVEN PASSENGER MINIVAN | $23,000 |
ADIRONDACK FOLK SCHOOL PURPOSE: LAKE GEORGE ANNEX WOODWORKING CENTER | $19,034 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |