Price Foundation Inc
Price Foundation Inc is a private foundation based in Louisville, Kentucky. It makes grants to 501(c)(3) public charities and describes its work as partnering with nonprofits doing the Lord’s work and empowering organizations transforming lives through Christ’s teachings.
Price Foundation Inc at a glance
In short: Price Foundation Inc gave $2.0M across 8 grants in 2025 (avg $252K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,018,336
- +37.0% vs 2024
- Grants made (2025)
- 8
- -33.3% vs 2024
- Average grant
- $252,292
- +105.5% vs 2024
- Median grant
- $250,000
- Total assets
- $11,458,857
- -7.2% vs 2024
- Primary geography
- Kentucky (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Price Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It invites prospective partners to begin a relationship by reaching out. First-time applicants may request a Letter of Interest or an informational interview; returning partners may submit a Full Proposal. Applicants must be IRS-compliant 501(c)(3) organizations, demonstrate positive impact and strong management, and align with the foundation’s biblical values. The foundation allows general operating, staff, and consultant support, but does not fund long-term debt or standalone brick-and-mortar projects.
- Review Cycle
- Letters of Interest and informational interview requests are due February 1; invited Full Proposals are due May 1. The foundation says it finalizes decisions by September 30, with disbursement usually beginning in October after contract forms are signed.
- Deadline
- Letters of Interest and informational interview requests are due February 1; invited Full Proposals are due May 1.
- Contact
Application contact: Organization
Mailing address: 15111 Beckley Crossing Dr, Louisville, KY 40245
Phone: (502) 537-6022
Website: https://pricefoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Price Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Summit Ministries ($500K). Together the top 8 received $2.0M.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 43 grants of 85 (51%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went to recipients in Kentucky (55%), Colorado (25%), Florida (12%), and Indiana (8%). Its website says it partners with nonprofits across the world.
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Price Foundation Inc gives
- Giving grew 36% from 2022 to 2025. Method
- In 2025 it paid out 297% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $657K (2019) to $2.2M (2021). In 2025 it made 8 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Summit Ministries Manitou Springs, CO | Worship Support | $500,000 |
| Love City Inc Louisville, KY | Mission | $458,336 |
| Asbury University Wilmore, KY | Mission | $400,000 |
| Care for Pastors Leesbrug, FL | Mission | $250,000 |
| Go Ministires Louisville, KY | Mission | $250,000 |
| Preborn Indianapolis, IN | Evangelism | $150,000 |
| Redemption Christian Church Jasper, IN | Mission | $5,000 |
| Scarlet Hope Louisville, KY | Mission | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $11,458,857 | $1,451,128 | $2,342,675 | $2,018,336 | 8 | $2,018,336 | $1,136,340 | $678,700 |
| 2024 | $12,350,404 | $1,593,475 | $1,724,837 | $1,473,478 | 12 | $1,473,478 | $1,342,596 | $678,278 |
| 2023 | $15,503,932 | $2,289,075 | $2,200,668 | $1,946,846 | 21 | $1,946,846 | $243,978 | $597,227 |
| 2022 | $15,424,608 | $244,605 | $1,585,994 | $1,481,450 | 17 | $1,481,450 | $462,149 | $588,290 |
| 2021 | $16,825,997 | $4,831,677 | $2,314,786 | $2,243,965 | 27 | $2,243,965 | $260,336 | $730,986 |
| 2020 | $14,248,131 | $2,176,989 | $1,835,483 | $1,773,644 | 21 | — | $203,843 | $600,051 |
| 2019 | $13,898,517 | $612,977 | $716,627 | $657,200 | 13 | — | $240,766 | $593,247 |
Under IRS private-foundation payout rules, Price Foundation Inc reported a distributable amount of $679K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is “by empowering those who are transforming lives through Christ's teachings,” to live out its conviction that Christ is the foundation of a flourishing society. Its vision is for people and communities to flourish with the love, abundance, and peace that God desires.
The foundation supports nonprofit organizations whose work aligns with its values. Examples among its 2025 grantees include Summit Ministries, which describes its mission as equipping servant leaders to analyze competing worldviews and champion the Christian faith; Love City, which runs a community center offering free after-school and summer programs; Care for Pastors, which supports pastoral families through encouragement, counseling, and resources; and Scarlet Hope, which works to transition women out of the adult entertainment industry.
Grantmaking
The foundation reports giving $2,018,336 in 2025 across 8 grants. Those grants ranged from $5,000 to $500,000, with a median grant of $250,000. Its largest 2025 grants included $500,000 to Summit Ministries (worship support), $458,336 to Love City (mission), $400,000 to Asbury University (mission), $250,000 to Care for Pastors (mission), and $250,000 to Go Ministries (mission). Other listed grants were $150,000 to PreBorn (evangelism), $5,000 to Redemption Christian Church (mission), and $5,000 to Scarlet Hope (mission).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Charles E. Price as president, Janet Price as vice-president, Sarah Atwood as treasurer, and Sarah Price as secretary. The foundation describes funding and partnership decisions as a family effort.
Price Foundation Inc is led by Charles E. Price, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charles E. Price
President
On filings since 2019
No compensation reported
Janet Price
Vice President
On filings since 2019
No compensation reported
Sarah Atwood
Treasurer
On filings since 2019
No compensation reported
Sarah Price
Secretary
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Price Foundation Inc
How much does Price Foundation Inc give each year?
Price Foundation Inc gave $2.0M across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.5M across 12 grants.
What is Price Foundation Inc's typical grant size?
Price Foundation Inc's median grant in 2025 was $250,000, and its average grant was $252,292, across 8 grants on its 2025 IRS Form 990-PF.
Where does Price Foundation Inc give grants?
Price Foundation Inc gives mostly in Kentucky: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Colorado (25%) and Florida (12%). The most frequent recipient cities were Louisville, KY (3 grants).
Does Price Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Price Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Mission" (6 grants).
Who are Price Foundation Inc's largest grantees?
Price Foundation Inc's largest 2025 grantees include Summit Ministries ($500,000), Love City Inc ($458,336) and Asbury University ($400,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is Price Foundation Inc?
Price Foundation Inc reported $11.5M in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $679K (roughly 5% of its investment assets).
What does Price Foundation Inc fund?
The foundation’s mission is “by empowering those who are transforming lives through Christ's teachings,” to live out its conviction that Christ is the foundation of a flourishing society. Its vision is for people and communities to flourish with the love, abundance, and peace that God desires. See mission & focus areas ↑
How do I apply for a grant from Price Foundation Inc?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Price Foundation Inc's EIN?
Price Foundation Inc's EIN (Employer Identification Number) is 20-3012911. IRS Form 990 filing data is available on this page for 2019–2025.
Does Price Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 9, 2024)
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