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THE SOLOVIEV FOUNDATION

New york, NY Tax ID: 13-3614971 https://solovievfoundation.org

The Soloviev Foundation, with assets of $227.9 million, supports arts, culture, and human services across various U.S. cities and internationally, despite a negative revenue, with key figures like Stefan Q. Soloviev leading its operations.

About THE SOLOVIEV FOUNDATION

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Soloviev Foundation, based in New York, is a philanthropic organization with assets totaling approximately $227.9 million. The foundation focuses on supporting initiatives in the arts and culture as well as human services. Despite having a negative revenue of about $1.4 million, the foundation reported expenses of over $10.2 million, indicating active funding activities. The foundation supports a wide range of locations across the United States, including major cities like New York, Miami Beach, and Washington, D.C., as well as international locations such as Città del Vaticano. Key personnel include Stefan Q. Soloviev as President, Nikolai Solow as Treasurer, and Michael Hershman as Vice President and Secretary, all of whom serve with minimal compensation. The foundation's activities span several states, including California, Connecticut, Florida, and New York.

Focus Areas

Arts and cultureHuman services

Geographic Focus

CACTDCFLMDNCNYRIVA

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Key Statistics
Total Assets $227.9M
Total Awarded This Year $1.1M
Average Grant Size $254
Total Grants (Previous Year) 5,775
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$227.9M

+2.6% from previous year

Annual Grants
$1.1M

19 grants awarded in 2024

Expense Ratio
-724.3%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$3,000,000UNIVERSITY OF RHODE ISLAND FOUNDATIONANNUAL FUNDKingston, RI, US2022
$1,000,000AMERICARESGENERAL SUPPORTStamford, CT, US2023
$400,000SOLOVIEV AMERICAN RUSSIAN CULTURAL FOUNDATIONANNUAL FUNDEast hampton, NY, US2022
$382,287RED CARD THE MOVIE LLCEXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT FOR PART VI-B, LINE 5D.Palm beach, FL, US2024
$250,000MARYMOUNT UNIVERSITYGENERAL SUPPORTArlington, VA, US2023
$250,000WOUNDED WARRIOR PROJECTGENERAL SUPPORTJacksonville, FL, US2023
$250,000NATIONAL CENTER FOR MISSING & EXPLOITED CHILDRENGENERAL SUPPORTAlexandria, VA, US2024
$200,000SPORT AT SERVICE OF HUMANITY FOUNDATIONGENERAL SUPPORTTowson, MD, US2023
$150,000PLAYERS PHILANTHROPY FUNDGENERAL SUPPORTTowson, MD, US2024
$125,000SOLOVIEV AMERICAN RUSSIAN CULTURAL FOUNDATIONGENERAL SUPPORTEast hampton, NY, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

SQ

STEFAN Q SOLOVIEV

PRESIDENT

$0 2024
NS

NIKOLAI SOLOW

TREASURER

$0 2024
MH

MICHAEL HERSHMAN

VICE PRESIDENT AND SECRETARY

$0 2024
Showing 3 of 3 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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