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Filing year 2024

SOLLEY FOUNDATION

Decatur, Alabama·EIN 26-3659563·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$80k
Total assets
$480k
Total expenses
$146k
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. SOLLEY FOUNDATION reported 8 unpaid officers and board members on its 990-PF.

Secretary-tr
Director
Director
Director
Director
Director
Director
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$135k

Itemized grants

7

Median grant

$10k

RecipientLocationPurposeAmount
PROJECT RESCUE INCDECATUR, ALCHRISTIAN OUTREACH$50k
HARDING UNIVERSITYSEARCY, ARCHRISTIAN EDUCATION$30k
MIDDLE TENNESSEE CHRISTIAN SCHOOLMURFREESBORO, TNCHRISTIAN EDUCATION$30k
WEST BROWARD CHURCH OF CHRISTPLANTATION, FLCHRISTIAN OUTREACH$10k
HIS HANDS OF HOPESAN DIEGO, CACHRISTIAN OUTREACH$8k
BELTLINE CHURCH OF CHRISTDECATUR, ALCHRISTIAN OUTREACH$5k
DREAM WEAVERSDECATUR, ALSUPPORT FOR THE ARTS$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

SOLLEY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$33k
$120k
2023
$80k
$146k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

SOLLEY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about SOLLEY FOUNDATION

What are SOLLEY FOUNDATION's revenue and expenses?

In 2024, SOLLEY FOUNDATION reported $80k in total revenue and $146k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.