Funder DirectorySOLIMINE CHARITABLE CORPORATION
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Private foundation (trust)EIN 200478181Est. 2004-02

SOLIMINE CHARITABLE CORPORATION

LYNN, MA 01904

Accepts unsolicited proposals

Total Assets

$11.3M

FY 2023

Annual Giving

$117K

FY 2023

Grants Made

17

FY 2023

Avg Grant

$7K

FY 2023

Grant Range

$2K–$40K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$120K

The organization provides grants to local area 501(c)(3) charities and provides financial assistance to individuals who demonstate a need.

Focus Areas

Public Foundations

Financial Snapshot

2023 filing

Total Revenue

$6.5M

Total Expenses

$144K

Qualifying Distributions

$120K

Distributable Amount

$40K

Min. Investment Return

$40K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

17 grants

Grant sizes from minimum $2K through median $5K to maximum $40K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

17 grants

LYNN SHELTER ASSOCIATION
$40K
1 grant
MULTIPLE LESS THAN 2000 EACH
$12K
1 grant
12 INDIVIDUALS
$10K
1 grant
AMERICAN RED CROSS
$5K
1 grant
TOMMY'S PLACE FOUNDATION
$5K
1 grant
SALVATION ARMY
$5K
1 grant
CATHOLIC CHARITIES NORTH
$5K
1 grant
UNITED WAY OF MASS BAY
$5K
1 grant

Grant Size Distribution

17 grants

<$10K
15
grants
$10–50K
2
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Massachusetts
$117K
100% of total

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SOLIMINE CHARITABLE CORPORATION — Grants, Financials & Contact | Grantivo