Massachusetts · Nonprofit
SOLIDAGO FOUNDATION
SOLIDAGO FOUNDATION (Massachusetts) receives grants from 36 organizations whose IRS filings report $26,127,437 to it, the largest being THE FRANCES FUND INC ($12,329,882). 21 of them have funded it in more than one year.
- Revenue FY2024
- $2.9M
- Funders on record
- 36
- Grants received
- $26M
- Net assets
- $296k
What Solidago Foundation does
Mission
The organization's mission is to promote justice, equity, sustainability and enfranchisement for all through charitable grant-making to and work with progressive, empowering community-based organizations and collaborations.
As stated on its FY2024 Form 990.
Program
The organization primarily makes grants to other public charities that work in or for the benefit of poor communities seeking to alleviate poverty and disenfranchisement, provide & promote sustainable jobs, and protect the environment.
$3,709,805 spentof which $2,252,129 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,709,805.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $7.0M to $3.5M (−50%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 11%. Grants only. Government contracts and fees sit inside program revenue.
96% of SOLIDAGO FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Aleah Bacquie Vaughn
Cji executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 16 funders to 15 funders, grant income fell $6.0M → $2.2M.
11 of 36 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SOLIDAGO FOUNDATION’s funders (the co-funder graph). Top 30 of 36 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SOLIDAGO FOUNDATION leans on a few funders — its largest provides 47% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 33% · 2018 53% · 2019 55% · 2020 79% · 2021 97% · 2022 62% · 2023 46% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
12% of SOLIDAGO FOUNDATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
51% of SOLIDAGO FOUNDATION's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SOLIDAGO FOUNDATION's revenue fell 64% between 2017 and 2024.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like SOLIDAGO FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
38%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SOLIDAGO FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOLIDAGO FOUNDATION?
- SOLIDAGO FOUNDATION (Massachusetts) receives grants from 36 organizations whose IRS filings report $26,127,437 to it, the largest being THE FRANCES FUND INC ($12,329,882). 21 of them have funded it in more than one year.
- How many funders does SOLIDAGO FOUNDATION have?
- IRS filings report 36 organizations giving $26,127,437 in grants to SOLIDAGO FOUNDATION, 21 of which have funded it in more than one year.
- Who is the largest funder of SOLIDAGO FOUNDATION?
- THE FRANCES FUND INC is the largest funder on record, with $12,329,882 in grants. The full list of funders is on this page.
- How can an organization like SOLIDAGO FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 36 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing