Price Foundation Inc is a private family foundation established in 2005 and based in Louisville, Kentucky. The foundation operates as a 501(c)(3) organization with a faith-centered approach to philanthropy, partnering with nonprofits to support Christian-based mission work and community transformation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.4M
-20.3% YoY
Annual Giving
$1.5M
-24.3% YoY
Grant Count
12
-42.9% YoY
Avg Grant Size
$123K
+32.4% YoY
Under IRS private-foundation payout rules, Price Foundation Inc reported a distributable amount of $678K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Vision: People and communities flourishing with the love, abundance, and peace that God desires.
Mission: By empowering those who are transforming lives through Christ's teachings, the foundation lives out its conviction that Christ is the foundation of a flourishing society.
The foundation partners with nonprofits across the world doing Christian ministry work, focusing on rebuilding and reclaiming communities and lives in Jesus' name. Primary funding interests include:
- Mission and evangelism support
- Worship support
- Christian education and discipleship
- Organizations transforming lives through Christ's teachings
Grantmaking
The Price Foundation offers 10-15 single and multi-year grants annually to nonprofits making measurable impact, whether previous partners or new organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Kentucky, Indiana, and Florida, though it also partners with nonprofits across the world.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $12,350,404
- Total giving: $1,473,478
- Total revenues: $1,593,475
- Total expenses: $1,724,837
As of 2023:
- Total assets: $15.5 million
- Total revenues: $2.29 million
- Total expenses: $2.2 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,350,404 | $15,503,932 | $15,424,608 |
| Revenue | $1,593,475 | $2,289,075 | $244,605 |
| Expenses | $1,724,837 | $2,200,668 | $1,585,994 |
| Qualifying Distributions | $1,473,478 | $1,946,846 | $1,481,450 |
| Net Investment Income | $1,342,596 | $243,978 | $462,149 |
| Distributable Amount | $678,278 | $597,227 | $588,290 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Summit Ministries ($400,700), Asbury University ($375,000), Care for Pastors ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASBURY UNIVERSITY WILMORE, KY | MISSION | $375,000 |
| AWAKE MINISTRIES SHELBYVILLE, KY | MISSION | $65,000 |
| CARE FOR PASTORS LEESBRUG, FL | MISSION | $250,000 |
| CHRISTIAN STUDENT FELLOWSHIP LEXINGTON, KY | MISSION | $5,000 |
| COMISSION ENCOUNTER BARDSTOWN, KY | MISSION | $8,000 |
| COMMUNITY CATHOLIC CENTER LOUISVILLE, KY | MISSION | $5,000 |
| CROSSROADS MISSIONS LOUISVILLE, KY | MISSION | $50,000 |
| IGNITE THE VILLE LOUISVILLE, KY | MISSION | $1,660 |
| LOVE CITY INC LOUISVILLE, KY | MISSION | $183,118 |
| PREBORN INDIANAPOLIS, IN | EVANGELISM | $125,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Price Foundation is a family foundation led by the Price family, with Charles and Janet Price identified as key family members. The family emphasizes that "Faith in God, being a disciple of Christ, and learning the Bible and doing what it says are the most important values in our lives."
The foundation operates with a family-centered decision-making model, with family members working together on funding and partnership decisions and long-term investments.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES E PRICE | PRESIDENT | — | — |
| JANET PRICE | VICE-PRESIDENT | — | — |
| SARAH ATWOOD | TREASURER | — | — |
| SARAH PRICE | SECRETARY | — | — |
Contact Information
Address: PO Box 436317, Louisville, KY 40253-6317
Phone: 502-245-1353
EIN: 20-3012911
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Price Foundation Inc fund?
**Vision:** People and communities flourishing with the love, abundance, and peace that God desires. **Mission:** By empowering those who are transforming lives through Christ's teachings, the foundation lives out its conviction that Christ is the foundation of a flourishing society. The foundation partners with nonprofits across the world doing Christian ministry work, focusing on rebuilding and reclaiming communities and lives in Jesus' name. Primary funding interests include: • Mission and e…
How do I apply for a grant from Price Foundation Inc?
The Price Foundation offers 10-15 single and multi-year grants annually to nonprofits making measurable impact, whether previous partners or new organizations. **Grant Characteristics:** • Typical award range: $400,000–$404,000 • The foundation builds long-term relationships with grantees, supporting them from initial contact through years after grant completion **Recent Grants (2024):** • Summit Ministries: $400,700 (Worship Support) • Asbury University: $375,000 (Mission) • Care for Pastors: …
Where does Price Foundation Inc make grants?
The foundation primarily funds organizations in Kentucky, Indiana, and Florida, though it also partners with nonprofits across the world.
What size grants does Price Foundation Inc award?
In 2024, Price Foundation Inc awarded 12 grants totaling $1.5M — an average of about $123K per grant, based on its IRS Form 990 filings.
How much is Price Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Price Foundation Inc reported a distributable amount of $678K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Price Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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