Prince Family Foundation Inc

ATLANTA, GA EIN: 46-4584557

Prince Family Foundation Inc is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $34.0M in total assets. In 2024, it awarded 19 grants totaling $1.6M. Net investment income was $3.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$34.0M

-4.5% YoY

Annual Giving

$1.6M

+986.7% YoY

Grant Count

+26.7% YoY

Avg Grant Size

$86K

+757.9% YoY

Under IRS private-foundation payout rules, Prince Family Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About Prince Family Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $1.9M (95%)

Tennessee $70K (4%)

Florida $25K (1%)

States

Florida Georgia Tennessee

Cities

AtlantaDyersburgJacksonvilleLakemontMemphisMiltonSmyrna

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$34,009,760	$35,609,874	$1,644,490
Revenue	$287,375	$34,238,348	$132,595
Expenses	$1,872,293	$277,353	$125,307
Qualifying Distributions	$1,630,000	$150,000	$120,000
Net Investment Income	$3,456,741	$3,699,278	$196,198
Distributable Amount	$1,655,610	$1,645,551	$127,191

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

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Museum of Contemporary Art of Ga ($1,000,000), Emory ($200,000), Children's Healthcare of Atlanta ($100,000).

Recipient	Purpose	Amount
ATLANTA HABITAT FOR HUMANITY ATLANTA, GA	NOT SPECIFIED	$10,000
ATLANTA HISTORY CENTER ATLANTA, GA	NOT SPECIFIED	$10,000
BOBBY JONES GOLF FOUNDATION ATLANTA, GA	NOT SPECIFIED	$10,000
CANINE ASSISTANTS MILTON, GA	NOT SPECIFIED	$10,000
CHASTAIN PARK CONSERVANCY ATLANTA, GA	NOT SPECIFIED	$10,000
CITY OF REFUGE ATLANTA, GA	NOT SPECIFIED	$20,000
DYERSBURG- DYER COUNTY PUBLIC LIBRARY FOUNDATION DYERSBURG, TN	NOT SPECIFIED	$10,000
FERNBANK MUSEUM ATLANTA, GA	NOT SPECIFIED	$20,000
GOOD SAMARITAN HEALTH CENTER ATLANTA, GA	NOT SPECIFIED	$20,000
LAKE RABUN FOUNDATION LAKEMONT, GA	NOT SPECIFIED	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LARRY L PRINCE JR	CHAIR, TREASURER	—	—
DANIEL LEE HOLLINGSWORTH III	VICE CHAIR, SECRETARY	—	—

Frequently Asked Questions

How large is Prince Family Foundation Inc?

As of 2024, Prince Family Foundation Inc holds $34.0M in total assets with $287K in annual revenue. It awarded 19 grants totaling $1.6M in 2024.

Where does Prince Family Foundation Inc operate?

Prince Family Foundation Inc has awarded grants in Florida, Georgia, Tennessee.

What size grants does Prince Family Foundation Inc award?

In 2024, Prince Family Foundation Inc awarded 19 grants totaling $1.6M — an average of about $86K per grant, based on its IRS Form 990 filings.

How much is Prince Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Prince Family Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.