Funder DirectorySOMA FOUNDATION INC
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Private foundation (trust)EIN 463994466Est. 2014-10

SOMA FOUNDATION INC

COLUMBUS, GA 31906

Total Assets

$374.1M

FY 2024

Annual Giving

$11.5M

FY 2024

Grants Made

67

FY 2024

Avg Grant

$171K

FY 2024

Grant Range

$3K–$2M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$40.5M

Total Expenses

$15.6M

Qualifying Distributions

$11.5M

Distributable Amount

$17.2M

Min. Investment Return

$17.6M

Undistributed Income

$16.6M

Payout rate 67%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.67%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

67 grants

Grant sizes from minimum $3K through median $40K to maximum $2M, shown on a logarithmic scale.

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

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $18.4M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

260 grants

BILLY GRAHAM EVANGELISTIC ASSOCIATI
$9.5M
3 grants
GORDON-CONWELL THEOLOGICAL SEMINARY
$5.4M
5 grants
PROVISION BRIDGE
$5M
1 grant
BAYLOR UNIVERSITY
$4.5M
3 grants
COMMUNITY FOUNDATION
$3.2M
3 grants
ASBURY THEOLOGICAL SEMINARY
$2.7M
4 grants
VALLEY RESCUE MISSION
$2.3M
5 grants
UNITED THEOLOGICAL SEMINARY
$1.8M
3 grants

Grant Size Distribution

260 grants

<$10K
39
grants
$10–50K
107
grants
$50–250K
76
grants
$250K–1M
24
grants
$1–5M
14
grants
$5M+

Geographic Focus

19 states

Georgia
$20.3M
35% of total
North Carolina
$11.9M
20% of total
Texas
$5.8M
10% of total
Florida
$5.6M
10% of total
Massachusetts
$5.5M
9% of total
Kentucky
$3.4M
6% of total
Ohio
$1.8M
3% of total
New York
$1.5M
3% of total
California
$750K
1% of total
Washington
$650K
1% of total

+9 more states

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