Solich Fund
- Assets
- $22.6m
- Revenue
- $5.0m
- Investments
- $20.4m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-1417348
Organization Overview
Solich Fund is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solich Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Solich Fund has awarded 55 individual grants totaling $5,657,909. 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 |
|---|---|---|---|
George Solich Co-President | 0 | $0 | |
Tad Herz Treasurer | 0 | $0 | |
Robert Fowler Secretary | 0 | $0 | |
Carol Solich Co-President | 0 | $0 | |
Geoff Solich Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,674 |
| Dividends & Interest | $1,071,543 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,877,729 |
| Capital Gain Net Income | $3,877,729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $409 |
| Total Revenue | $4,964,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $41,886 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74,032 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $149,370 |
| Total operating and administrative expenses | $687,786 |
| Contributions, gifts, grants paid | $4,080,194 |
| Total expenses and disbursements | $4,767,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $633,905 |
| 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 | $1,553,736 |
| Total assets | $22,565,819 |
| 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, Solich Fund has awarded $4,080,194 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: HEALTHCARE GENERAL SUPPORT | $1,045,000 |
FIDELITY CHARITABLE PURPOSE: EDUCATION - COLORADO OPPORTUNITY FUND | $605,194 |
Los Angeles, CA PURPOSE: EDUCATIONAL | $450,000 |
ACE SCHOLARSHIPS PURPOSE: EDUCATIONAL SCHOLOARSHIPS | $425,000 |
Denver, CO PURPOSE: GENERAL SUPPORT | $250,000 |
GOLF HISTORY OF COLORADO FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |
Shonto Governing Board Of Education Inc Shonto, AZ | $17,193,292 | $18,993,066 |
Oklahoma State University Research Foundation Inc Stillwater, OK | $8,047,594 | $10,291,004 |