About Soma Foundation
SOMA Foundation Inc. is a faith-driven funder that concentrates large gifts on evangelical and Christian higher-education institutions and ministries. Their grants overwhelmingly support theological training, evangelistic organizations, and faith-based program capacity rather than a broad mix of secular causes. They make a small number of very large, often repeat, gifts to a few key organizations.
Focus Areas
Evangelistic ministries and global evangelism (e.g., Billy Graham Evangelistic Association)Theological seminaries and clergy training (e.g., Gordon-Conwell Theological Seminary, Interdenominational theological institutions)Christian higher education (e.g., faith-based universities such as Baylor University)Large-capacity-building grants for faith-based organizations (major unrestricted/financial support)
Giving Approach
Highly concentrated giving: a small portfolio of very large grants (multi-million-dollar), several repeat commitments to the same evangelical and theological institutions, national/international focus rather than local grantmaking.
Funding Style
general financial support
About Soma Foundation
Soma Foundation Inc. directs unusually large gifts toward evangelical ministries and Christian theological education, with repeated support for a small set of institutions over multiple years. The largest grants in the record were $5 million to Billy Graham Evangelistic Associati in 2024 and $5 million to Provision Bridge in 2024, showing that the foundation uses major financial support to back organizations aligned with its statement of faith. The same pattern appears in theology and ministry training: Gordon-conwell Theological Seminary received $2 million in 2023, $1.5 million in 2024, and $1.5 million in 2025, while Baylor University received $2.7 million in 2023, $1 million in 2024, and $750,000 in 2025. Other large gifts went to Asbury Theological Seminary, United Theological Seminary, and Interdenominational Theologica, reinforcing a focus on clergy formation, evangelism, and faith-based institutional capacity. The foundation also makes sizeable grants to Christian service organizations such as Samaritan's Purse and Valley Rescue Mission, but the overall pattern remains concentrated rather than broad-based.
What Soma Foundation Funds
A major portion of Soma Foundation Inc.’s giving supports evangelical outreach. In 2025, it gave $2 million to Billy Graham Evangelistic Associati for financial support, alongside earlier gifts at the same scale. Theological education is another clear emphasis: Gordon-conwell Theological Seminary received support across 2023, 2024, and 2025, and Asbury Theological Seminary received $1 million in 2024. Christian higher education also appears in the record, including $2.7 million to Baylor University in 2023 and another $1 million in 2024. The foundation also funds faith-based ministry infrastructure in Georgia, including $1.275 million to Community Foundation in 2023 for financial support. Across these areas, the grants are framed as general financial support rather than narrow project-only awards.
How Soma Foundation Gives
Soma Foundation Inc. gives in large increments: the typical grant size is $25,000 at the 25th percentile, $50,000 at the median, and $150,000 at the 75th percentile. The recent grant list shows repeated awards to the same organizations over multiple years, especially in theology and evangelical work, which points to a continuing relationship model rather than one-off grants. The foundation is a private foundation and does not fund individuals or make program-related investments. Its active programs include both unsolicited and invitation-only pathways, with several programs accepting unsolicited applications and the general grant program marked as not accepting them.
Financial Snapshot
Annual Giving
$11.5M
Total Assets
$374.1M
Total Revenue
$40.5M
Total Expenses
$15.6M
Typical Grant Size
Most grants fall between $25K and $150K, with a median of $50K.
25th Percentile
$25K
Median
$50K
75th Percentile
$150K
Geographic Reach
Regional18 states funded
Funding intensity
LowHigh
Headquarters
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