Nonprofit · EIN 46-1369562
SOLIMAN FOUNDATION
Tax-exempt (reinstated) · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $133,768 | $65,351 | $68,417 | $1,881,428 | $0 | $1,881,428 |
| December 31, 2023 | 990-PF | $49,538 | $77,315 | -$27,777 | $1,794,861 | $20,000 | $1,774,861 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $74,553
- Net gain from sales of assets
- $58,491
- Other income
- $724
Expenses
- Grants and similar amounts paid
- $43,420
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $61,065
- Excise tax on investment income
- $1,800
Balance sheet and other
- Total assets, start of year
- $1,794,861
- Total assets, end of year
- $1,881,428
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,881,428
- Fair market value of assets
- $1,881,428
- Qualifying distributions
- $61,065
- Net investment income
- $133,768
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM SOLIMAN 4000 MACARTHUR BLVD SUITE 7000, NEWPORT BEACH, CA 92660 | FOUNDER-PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM SOLIMAN 4000 MACARTHUR BLVD SUITE 7000, NEWPORT BEACH, CA 92660 | FOUNDER-PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4000 MACARTHUR BLVD STE 7000, NEWPORT BEACH, CA 92660-2516
- Signed the 990-PF
- SAM SOLIMAN, FOUNDER - PRESIDENT
- Phone
- (657) 229-7023
- Return prepared by
- ANDREW R RISTEEN CPA MST
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-1369562
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,881,428
- Income (IRS master file)
- $389,510
Revocation and reinstatement
- Exemption revoked
- May 15, 2015
- Posted by the IRS
- October 12, 2015
- Reinstated
- Effective May 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $49,538 | $77,315 | $1,794,861 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SOLIMAN FOUNDATION
- What is the EIN of SOLIMAN FOUNDATION?
- The employer identification number (EIN) of SOLIMAN FOUNDATION is 46-1369562.
- Is SOLIMAN FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
- Are donations to SOLIMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SOLIMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SOLIMAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOLIMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SOLIMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does SOLIMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $133,768, expenses of $65,351 and total assets of $1,881,428 at year end.
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All nonprofits in NEWPORT BEACH · California · Philanthropy, voluntarism and grantmaking foundations