SOLOMON CHARITABLE FOUNDATION

What they do

THE SOLOMON CHARITABLE FOUNDATION WAS ORGANIZED and OPERATED EXCLUSIVELY for CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC, and LITERARY PURPOSES WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE. DURING THE TAX YEAR, THE FOUNDATION ENGAGED IN ACTIVITIES SUPPORTING ITS EXEMPT PURPOSE THROUGH THE ADMINISTRATION, MANAGEMENT, and STEWARDSHIP of CHARITABLE ASSETS INTENDED for FUTURE CHARITABLE DISTRIBUTIONS and PHILANTHROPIC INITIATIVES. THE FOUNDATION MAY MAKE GRANTS and DISTRIBUTIONS to QUALIFIED CHARITABLE ORGANIZATIONS and MAINTAIN FUNDS for CHARITABLE GIVING IN ACCORDANCE WITH ITS ORGANIZATIONAL PURPOSE and GOVERNING DOCUMENTS. THE FOUNDATION ALSO ENGAGED IN ORGANIZATIONAL and ADMINISTRATIVE ACTIVITIES NECESSARY to ESTABLISH and MAINTAIN OPERATIONS AS A NONPROFIT CHARITABLE CORPORATION.