Price Philanthropies Foundation
Price Philanthropies Foundation is a private foundation based in La Jolla, California. Founded by Sol Price and his wife, Helen, in 1982, it supports initiatives intended to improve life opportunities for underserved youth and families and their communities, with grantmaking based primarily in an individual recipient and a special focus on City Heights.
Price Philanthropies Foundation at a glance
In short: Price Philanthropies Foundation gave $33.8M across 246 grants in 2024 (avg $137K), mostly in California. 15% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $33,754,775
- +105.9% vs 2023
- Grants made (2024)
- 246
- -6.5% vs 2023
- Average grant
- $137,215
- +120.2% vs 2023
- Median grant
- $22,410
- Total assets
- $446,790,516
- -5.1% vs 2023
- New grantees (estimate)
- 15% first-time grantees (36 of 245, 2024)
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Price Philanthropies Foundation
- Accepts unsolicited proposals
- No
- Review Cycle
- None listed in the filing.
- Deadline
- None listed in the filing.
- Contact
Application contact: Terry Malavenda Price Philanthropie
Mailing address: 4305 University Avenue Suite 600, San Diego, CA 92105
Phone: (619) 795-2000
Website: https://pricephilanthropies.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Price Philanthropies Foundation
Who Price Philanthropies Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Community Foundation ($19.1M). Together the top 10 received $26.2M.
Organizations only. It also paid 1 individual scholarship ($40,000), which are not listed by name.
Grant Size Distribution
1,470 grants across all recorded years
The most common grant size was under $50K: 1,123 grants of 1,470 (76%).
Geographic Focus
Where this funder awards grants
The foundation says its grantmaking is based primarily in an individual recipient, with a special focus on organizations serving City Heights. It also identifies PriceSmart communities in Latin America and the Caribbean as an international focus, and its grant-program description includes Israel.
In 2024, 97% of grant dollars went to California recipients and 2% to recipients in Washington, DC. The filing also lists shares for New York, Washington state, and Colorado as 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 246 itemized grants.
States
Cities
Is Price Philanthropies Foundation open to new grantees?
15%
first-time grantees, 2024
In 2024, 36 of 245 grantees (15%) were first-time recipients. First grants averaged $540K; repeat grants $68K. How we count
Medians: $5K first-time, $25K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving grew 147% from 2021 to 2024. Method
- In 2024 it paid out 203% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13.7M (2021) to $33.8M (2024). In 2024 it made 246 grants totaling $33.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Community Foundation San Dfiego, CA | Donor Advised Fund | $19,142,550 |
| Uc San Diego Foundation San Diego, CA | General Support; Capital Fund Support | $2,403,333 |
| Pricesmart Foundation La Jolla, CA | General Support; Programs and Projects | $1,683,000 |
| San Diego Unified School District San Diego, CA | Programs and Projects | $615,672 |
| San Diego State University Research Foundation San Diego, CA | Programs and Projects; Emergency Response | $477,168 |
| Csusm Foundation San Marcos, CA | Programs and Projects | $445,190 |
| San Diego Natural History Museum San Diego, CA | General Support; Programs and Projects | $440,323 |
| San Diego Foundation San Diego, CA | Programs and Projects | $366,753 |
| Center on Budget & Policy Priorities Washington, DC | General Support | $300,000 |
| The Urban Institute Washington, DC | General Support | $300,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $446,790,516 | $51,367,425 | $75,206,266 | $33,754,775 | 246 | $66,197,568 | $16,501,841 | $32,590,898 |
| 2023 | $470,624,292 | $26,148,917 | $39,428,481 | $16,391,244 | 263 | $31,008,893 | $9,687,908 | $29,788,996 |
| 2022 | $483,717,111 | $23,942,509 | $38,275,512 | $16,836,187 | 281 | $30,387,320 | $7,494,109 | $29,791,582 |
| 2021 | $497,968,777 | $37,892,208 | $52,574,160 | $13,670,053 | 326 | $50,498,688 | $31,015,804 | $33,756,401 |
| 2020 | $512,638,708 | $23,641,731 | $45,905,898 | $19,279,020 | 354 | — | $6,586,470 | $29,407,784 |
Under IRS private-foundation payout rules, Price Philanthropies Foundation reported a distributable amount of $32.6M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s mission is to improve life opportunities for underserved youth and families, and their communities. Its stated grantmaking focus includes creating opportunities for youth and families in City Heights and supporting organizations essential to a thriving an individual recipient community. The foundation says it provides general operating, program, and capital grants.
Its stated initiatives include early education and childcare and youth mental health. The early education and childcare initiative aims to improve access to quality care, with an emphasis on children ages 0–3, and strengthen support for family childcare providers. The mental health initiative focuses on access to services for low-income youth and families, coordination within the care system, and innovative approaches that include prevention and early intervention.
The 2024 grants included support for organizations with a range of missions. UC San Diego Foundation says it raises private support for UC San Diego’s research, teaching, and public service mission. Mending Matters says it provides youth mental health services. An individual recipient Parks Foundation says it works to improve quality of life through investments in parks, greenspace, and recreation. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation reported 246 grants totaling $33,754,775. Grant amounts ranged from $1,000 to $19,142,550, with a median of $22,410.
The largest reported grant was $19,142,550 to Jewish Community Foundation for a donor-advised fund. Other large grants included $2,403,333 to UC San Diego Foundation for general and capital fund support; $1,683,000 to PriceSmart Foundation for general support and programs and projects; and $615,672 to an individual recipient Unified School District for programs and projects. The foundation also gave $300,000 each to the Center on Budget & Policy Priorities and the Urban Institute for general support.
The foundation’s website says it does not accept unsolicited grant requests at this time and that current grantees may contact their program officer. Its 2024 filing describes a process in which potential applicants submit an inquiry through the foundation’s online system; after internal screening, some may be invited to submit a formal application. The filing lists requested materials including organizational and program information, budgets, financials, and a 501(c)(3) determination letter. It states that grants are limited to qualifying 501(c)(3) nonprofits, governmental units, or inherently charitable activities, and excludes grants to organizations whose primary purpose is religious, political activity or election-related purposes, and federal appeals or organizations collecting funds for redistribution to other nonprofits.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Robert Price as chair, president, grant committee chair, and investment committee member; Allison Price as vice chair, vice president, and grant committee member; and David Price as vice chair and vice president. Other listed directors are Sherry Bahrambeygui, Jeff Fisher, M. Edward Spring, Dede Alpert, Sue Reynolds, and David Lynn. Jeff Fisher is also listed as CFO, M. Edward Spring as investment committee chair and audit committee member, Dede Alpert as audit committee chair, and David Lynn as an investment committee member. Sophie Bernabe is listed as secretary and general counsel.
Price Philanthropies Foundation is led by Robert Price, Chairman, President, Grant Cmte Chairman & Inv Cmte Member on every filing since 2020; 3 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert Price
Chairman, President, Grant Cmte Chairman & Inv Cmte Member
On filings since 2020
10 hrs/week
No compensation reported
Dede Alpert
Director & Audit Cmte Chair
On filings since 2020
1 hr/week
No compensation reported
M. Edward Spring
Director, Audit Cmte Member & Inv Cmte Chair
On filings since 2020
1 hr/week
No compensation reported
David Lynn
Director & Inv Cmte Member
On filings since 2020
24 hrs/week
$118K (2020) → $50K (2024)
Jeff Fisher
Director, Inv Cmte Member & CFO
On filings since 2020
24 hrs/week
No compensation reported
Matthew Hervey
Director
On filings since 2020
1 hr/week
No compensation reported
Sherry Bahrambeygui
Director
Vice Chairman & Vice President → Vice Chairman, 2021
Vice Chairman → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Sue Reynolds
Director
On filings since 2020
1 hr/week
No compensation reported
Dana Goldman
Director
On filings since 2022
1 hr/week
No compensation reported
Jennette Shay
COO
Vice President - Grant Making → COO, 2024
On filings since 2020
40 hrs/week
$162K (2020) → $260K (2024)
Jennifer Barron
Vice President - International Program
On filings since 2023
40 hrs/week
$205K (2023) → $198K (2024)
Allison Price
Vice Chairman, Vice President & Grant Cmte Member
On filings since 2020
1 hr/week
No compensation reported
Sophie Bernabe
Secretary & General Counsel
Secretary → Secretary & General Counsel, 2024
On filings since 2020
24 hrs/week
No compensation reported
David Price
Vice Chairman & Vice President
Director → Vice Chairman & Vice Prsident, 2023
Vice Chairman & Vice Prsident → Vice Chairman & Vice President, 2024
On filings since 2022
5 hrs/week
No compensation reported
Former officers (1)
- Former: Jack Knott (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $260K, to Jennette Shay (COO). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Price Philanthropies Foundation
How much does Price Philanthropies Foundation give each year?
Price Philanthropies Foundation gave $33.8M across 246 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16.4M across 263 grants.
What is Price Philanthropies Foundation's typical grant size?
Price Philanthropies Foundation's median grant in 2024 was $22,410, and its average grant was $137,215, across 246 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Price Philanthropies Foundation that year got $540K on average.
Where does Price Philanthropies Foundation give grants?
Price Philanthropies Foundation gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (159 grants), Encinitas, CA (6 grants), La Jolla, CA (5 grants) and Washington, DC (5 grants).
Does Price Philanthropies Foundation give general operating support?
Yes: 66% of Price Philanthropies Foundation's 2024 grants with a stated purpose (163 of 246) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Programs and Projects" (63 grants), "Scholarship" (14 grants) and "Emergency Response" (3 grants).
Who are Price Philanthropies Foundation's largest grantees?
Price Philanthropies Foundation's largest 2024 grantees include Jewish Community Foundation ($19,142,550), Uc San Diego Foundation ($2,403,333) and Pricesmart Foundation ($1,683,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($40,000), which are not listed by name. Together they received 69% of its itemized 2024 grant dollars.
How large is Price Philanthropies Foundation?
Price Philanthropies Foundation reported $446.8M in total assets on its 2024 IRS Form 990-PF. It paid out $66.2M in qualifying distributions that year, against a required minimum of $32.6M (roughly 5% of its investment assets).
What does Price Philanthropies Foundation fund?
The foundation’s mission is to improve life opportunities for underserved youth and families, and their communities. See mission & focus areas ↑
How do I apply for a grant from Price Philanthropies Foundation?
Price Philanthropies Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check pricephilanthropies.org for any change to that policy.
What is Price Philanthropies Foundation's EIN?
Price Philanthropies Foundation's EIN (Employer Identification Number) is 46-5129465. IRS Form 990 filing data is available on this page for 2020–2024.
Does Price Philanthropies Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Price Philanthropies Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Price Philanthropies Foundation funder profile. GrantGraph. Retrieved October 8, 2026, from https://grantable.co/funders/price-philanthropies-foundation-morg_60f3e9bda0664250a64fc5f82a5ed39a
BibTeX
@misc{grantable_465129465_2026,
author = {{Grantable}},
title = {{Price Philanthropies Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/price-philanthropies-foundation-morg_60f3e9bda0664250a64fc5f82a5ed39a},
note = {Accessed 2026-10-08. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Price Philanthropies Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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