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Nonprofit · EIN 52-2290481

CHARLES L & CLARA L SOLOMON FOUNDATION

Tax-exempt · OWINGS MILLS, MD 21117

Financials

$47K$21K2023$35K$28K2024$45K$20K2025
Revenue Expenses · by fiscal year end
Financials of CHARLES L & CLARA L SOLOMON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$45,147$20,201$24,946$357,682$0$357,682
December 31, 2024990-PF$34,986$27,952$7,034$333,180$0$333,180
December 31, 2023990-PF$46,940$20,579$26,361$325,914$0$325,914
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$7,508
Net gain from sales of assets
$34,067
Other income
$3,572

Expenses

Grants and similar amounts paid
$10,241
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$14,290
Excise tax on investment income
$545

Balance sheet and other

Total assets, start of year
$333,180
Total assets, end of year
$357,682
Total liabilities, end of year
$0
Net assets, end of year
$357,682
Fair market value of assets
$497,956
Qualifying distributions
$14,290
Net investment income
$45,147

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY ABARBANEL
10096 RED RUN BLVD SUITE 200, OWINGS MILLS, MD 21117
PRESIDENT0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
VICE PRESIDENT0$0
JAY ABARBANEL
C/O FEDDER GARTEN 10096 RED RUN B, OWINGS MILLS, MD 21117
SECRETARY0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
TREASURER0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JEFFREY ABARBANEL
10096 RED RUN BLVD SUITE 200, OWINGS MILLS, MD 21117
PRESIDENT0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
VICE PRESIDENT0$0
JAY ABARBANEL
C/O FEDDER GARTEN 10096 RED RUN B, OWINGS MILLS, MD 21117
SECRETARY0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
TREASURER0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JEFFREY ABARBANEL
10096 RED RUN BLVD SUITE 200, OWINGS MILLS, MD 21117
PRESIDENT0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
VICE PRESIDENT0$0
JAY ABARBANEL
C/O FEDDER GARTEN 10096 RED RUN B, OWINGS MILLS, MD 21117
SECRETARY0$0
JOEL MATZ
1554 EMORY CHURCH RD, UPPERCO, MD 211559603
TREASURER0$0

Address and contacts

Address (IRS master file)
FEDDERGARTEN 10096 RED RUN BLVD, OWINGS MILLS, MD 21117-0000
In care of
% FEDDER & GARTEN P A
Signed the 990-PF
JEFFREY ABARBANEL, PRESIDENT
Phone
(410) 539-2800
Return prepared by
FEDDER AND GARTEN PA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-2290481
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
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$357,682
Income (IRS master file)
$45,147

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$45,147$20,201$357,682XML
990-PFDecember 2024$34,986$27,952$333,180XML
990-PFDecember 2023$46,940$20,579$325,914XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 52-2290481).

Questions about CHARLES L & CLARA L SOLOMON FOUNDATION

What is the EIN of CHARLES L & CLARA L SOLOMON FOUNDATION?
The employer identification number (EIN) of CHARLES L & CLARA L SOLOMON FOUNDATION is 52-2290481.
Is CHARLES L & CLARA L SOLOMON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to CHARLES L & CLARA L SOLOMON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES L & CLARA L SOLOMON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES L & CLARA L SOLOMON FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES L & CLARA L SOLOMON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CHARLES L & CLARA L SOLOMON FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHARLES L & CLARA L SOLOMON FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $45,147, expenses of $20,201 and total assets of $357,682 at year end.

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