Sol Foundation for Advanced Scientific and Policy Research
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
- Only 44% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE SOL FOUNDATION FOR ADVANCED SCIENTIFIC AND POLICY RESEARCH (THE FOUNDATION) CONDUCTS AND FUNDS SCIENTIFIC RESEARCH RELATING TO UNIDENTIFIED ANOMALOUS PHENOMENA (UAP), AND IS DEDICATED TO ADVANCING RIGOROUS, METHODICAL, AND CUTTINGEDGE INQUIRY BY NOTED SPECIALISTS IN THE NATURAL AND SOCIAL SCIENCES, ENGINEERING, AND THE HUMANITIES INTO ALL ASPECTS OF UAP AND THEIR IMPLICATIONS FOR HUMANKIND AND OUR PLANET. AS THE REVELATION OF THE REALITY OF UAP IS LIKELY TO BE WORLD CHANGING IN EVERY SENSE OF THE TERM, THE FOUNDATION'S WORK ALSO EXTENDS TO ADVISORY WORK AND POLICY RESEARCH INTENDED TO SUPPORT THE UNITED STATES GOVERNMENT AS WELL AS PUBLIC EDUCATION AND ENGAGEMENT.
- Income
- $937,625
- Spending
- $861,680
- Spent on programs
- 44%
- Reserves
- -1.4 months of spending
- Largest source of income
- donations and private grants, 81%
- Employees
- 0
- Volunteers
- 25
- Highest pay
- $60,000, secretary
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 18 out of 100. Higher than 1% of charities in its peer group (science, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 258% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Spending floor
0 of 1544% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 49 out of 100. Higher than 22% of charities in its peer group (science, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $367,854 spent. THE 2024 SOL FOUNDATION SYMPOSIUM HELD AT THE FORT MASON CENTER, SAN FRANCISCO, CA BETWEEN NOVEMBER 22 AND NOVEMBER 23, 2024.
- $10,000 spent. THROUGH GRANTS AND SPONSORSHIPS, THE SOL FOUNDATION SUPPORTS THE PUBLICATION OF WHITE PAPERS RELATED TO THE SCIENFITIC, TECHNOLOGICAL, ECONOMIC, POLITICAL, LEGAL, RELIGIOUS, AND CULTURAL IMPLICAITONS OF THE PRESENCE OF UNIDENTIFIED ANOMALOUS PHENOMENA IN OUR REALITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.