Pricesmart Foundation
Pricesmart Foundation is a private foundation based in La Jolla, California. Its 2025 filing reports 23 grants totaling $1,638,821; the listed recipients include organizations described as supporting education, youth, and community initiatives.
Pricesmart Foundation at a glance
In short: Pricesmart Foundation gave $1.6M across 23 grants in 2025 (avg $71K), top state District of Columbia. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,638,821
- -4.3% vs 2024
- Grants made (2025)
- 23
- -23.3% vs 2024
- Average grant
- $71,253
- +24.9% vs 2024
- Median grant
- $53,352
- Total assets
- $190,981
- -62.5% vs 2024
- New grantees (estimate)
- 22% first-time grantees (5 of 23, 2025; small sample)
- Primary geography
- District of Columbia (13% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Pricesmart Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 7777 Fay Avenue Suite 300, La Jolla, CA 92037
Phone: (858) 551-2316
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pricesmart Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Centro Asesor Para El Desarrollo ($220K). Together the top 10 received $1.2M.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 40 grants of 75 (53%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that grant dollars went to recipients in states listed as “?” (68%), the District of Columbia (13%), Maryland (9%), Maine (8%), and New York (2%). The grant list also includes recipients in Colombia, Guatemala, and other locations, but does not specify a state for every recipient.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is Pricesmart Foundation open to new grantees?
22%
first-time grantees, 2025
In 2025, 5 of 23 grantees (22%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $62K; repeat grants $74K. How we count
Medians: $80K first-time, $52K repeat.
- 70% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). 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 2023 to 2025, annual grant giving ranged from $1.2M (2023) to $1.7M (2024). In 2025 it made 23 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Centro Asesor Para El Desarrollo | General Support | $220,000 |
| Incae Foundation Glen Echo, MD | General Support | $150,000 |
| Microempresas De Colombia | General Support | $135,000 |
| Fundacion Marvelli | General Support | $130,845 |
| Creamos Norte Scarborough, ME | General Support | $125,930 |
| Asociacion Grupo Ceiba | General Support | $110,000 |
| Fundacion Rofe | General Support | $100,000 |
| Kids in Need of Defense (Kind) Washington, DC | General Support | $100,000 |
| Organization for Youth Empowerment Washington, DC | General Support | $85,000 |
| Fundap | General Support | $80,000 |
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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 | $190,981 | $1,451,655 | $1,769,423 | $1,638,821 | 23 | $1,753,273 | $6,505 | $34,468 |
| 2024 | $508,749 | $1,894,994 | $1,809,288 | $1,712,099 | 30 | $1,792,772 | $47,494 | $72,198 |
| 2023 | $423,043 | $1,649,003 | $1,225,960 | $1,203,927 | 22 | $1,214,943 | $1,135 | $25,849 |
Under IRS private-foundation payout rules, Pricesmart Foundation reported a distributable amount of $34K 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
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose stated work spans education, youth services, and social initiatives. For example, Creamos Norte says its purpose is to raise funds and otherwise promote and support the Guatemalan nongovernmental organization Creamos Guatemala. The Organization for Youth Empowerment describes providing at-risk youth in Honduras with scholarships, tutoring, leadership training, arts and other activities. American Friends of Jamaica says it supports charitable organizations and social initiatives in Jamaica in education, healthcare, and economics.
Grantmaking
In filing year 2025, the foundation gave 23 grants totaling $1,638,821. Grants ranged from $5,000 to $220,000, with a median of $53,352. Among the largest listed grants were $220,000 to Centro Asesor Para el Desarrollo, $150,000 to INCAE Foundation, $135,000 to Microempresas de Colombia, $130,845 to Fundacion Marvelli, and $125,930 to Creamos Norte. Each was designated for general support.
Other 2025 recipients included Asociación Grupo Ceiba ($110,000), Fundación Rofe ($100,000), Kids in Need of Defense (KIND) ($100,000), Organization for Youth Empowerment ($85,000), FUNDAP ($80,000), Rise Life Management Services ($70,116), and Ciudad Don Bosco ($53,352).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David Price as director and president, Jeff Fisher as chief financial officer, Sophie Bernabe as secretary, and Patricia Marquez and Francisco Velasco as directors.
Pricesmart Foundation is led by David Price, Director & President on every filing since 2021; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Price
Director & President
On filings since 2021
1 hr/week
No compensation reported
Francisco Velasco
Director
On filings since 2021
1 hr/week
No compensation reported
Patricia Marquez
Director
On filings since 2021
1 hr/week
No compensation reported
Jeff Fisher
Chief Financial Officer
On filings since 2021
1 hr/week
No compensation reported
Sophie Bernabe
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Pricesmart Foundation
How much does Pricesmart Foundation give each year?
Pricesmart Foundation gave $1.6M across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.7M across 30 grants.
What is Pricesmart Foundation's typical grant size?
Pricesmart Foundation's median grant in 2025 was $53,352, and its average grant was $71,253, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Pricesmart Foundation that year got $62K on average.
Where does Pricesmart Foundation give grants?
Pricesmart Foundation's top state is District of Columbia, with 13% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Maryland (9%) and Maine (8%). The most frequent recipient cities were Washington, DC (3 grants).
Does Pricesmart Foundation give general operating support?
Yes: 100% of Pricesmart Foundation's 2025 grants with a stated purpose (23 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Pricesmart Foundation's largest grantees?
Pricesmart Foundation's largest 2025 grantees include Centro Asesor Para El Desarrollo ($220,000), Incae Foundation ($150,000) and Microempresas De Colombia ($135,000), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.
How large is Pricesmart Foundation?
Pricesmart Foundation reported $191K in total assets on its 2025 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).
What does Pricesmart Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose stated work spans education, youth services, and social initiatives. See mission & focus areas ↑
How do I apply for a grant from Pricesmart Foundation?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pricesmart Foundation's EIN?
Pricesmart Foundation's EIN (Employer Identification Number) is 56-2372489. IRS Form 990 filing data is available on this page for 2021–2025.
Does Pricesmart 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 September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 31, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Pricesmart Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Pricesmart Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/pricesmart-foundation-morg_58a691299b9c48f9827d5edabc81ca74
BibTeX
@misc{grantable_562372489_2026,
author = {{Grantable}},
title = {{Pricesmart Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pricesmart-foundation-morg_58a691299b9c48f9827d5edabc81ca74},
note = {Accessed 2026-10-12. 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 Pricesmart 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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