Priory Fund
Priory Fund is a private foundation based in Montecito, California. Its 2024 filing lists grants to organizations including universities, human-rights groups, humanitarian responders, and local community organizations.
Priory Fund at a glance
In short: Priory Fund gave $1.0M across 12 grants in 2024 (avg $84K), mostly in California. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,012,000
- +26.8% vs 2023
- Grants made (2024)
- 12
- +50.0% vs 2023
- Average grant
- $84,333
- -15.5% vs 2023
- Median grant
- $37,500
- Total assets
- $16,371,683
- -3.3% vs 2023
- New grantees (estimate)
- 42% first-time grantees (5 of 12, 2024; small sample)
- Primary geography
- California (64% 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 Priory Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
Priory Fund makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1482 East Valley Road 678, Montecito, CA 93108
Phone: (805) 565-1413
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Priory Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Stanford University ($483K). Together the top 10 received $992K.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 17 grants of 48 (35%).
Geographic Focus
Where this funder awards grants
In 2024, California recipients received 64% of grant dollars, followed by recipients in Washington, DC (21%), New York (7%), New Mexico (5%), and Connecticut (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is Priory Fund open to new grantees?
42%
first-time grantees, 2024
In 2024, 5 of 12 grantees (42%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $47K; repeat grants $111K. How we count
Medians: $50K first-time, $25K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving grew 26% from 2021 to 2024. Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). 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 2019 to 2024, annual grant giving ranged from $720K (2019) to $1.0M (2024). In 2024 it made 12 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Stanford, CA | In Furtherance of Charitable Purpose | $483,000 |
| Fund for Global Human Rights Washington, DC | In Furtherance of Charitable Purpose | $110,000 |
| World Central Kitchen Washington, DC | In Furtherance of Charitable Purpose | $100,000 |
| University of California Regents Santa Barbara, CA | In Furtherance of Charitable Purpose | $100,000 |
| Human Rights & Business Award Foundation Santa Fe, NM | In Furtherance of Charitable Purpose | $50,000 |
| American Associates of the Royal National Theatre Inc New York, NY | In Furtherance of Charitable Purpose | $50,000 |
| Yale University New Haven, CT | In Furtherance of Charitable Purpose | $25,000 |
| Medecins Sans Fronetriers USA New York, NY | In Furtherance of Charitable Purpose | $25,000 |
| Foodbank of Santa Barbara County Santa Maria, CA | In Furtherance of Charitable Purpose | $25,000 |
| University of California Santa Barbara Santa Barbara, CA | In Furtherance of Charitable Purpose | $24,000 |
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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 | $16,371,683 | $801,879 | $1,339,194 | $1,012,000 | 12 | $989,823 | $581,792 | $1,131,287 |
| 2023 | $16,929,829 | $476,761 | $1,153,142 | $798,000 | 8 | $820,067 | $442,662 | $1,056,575 |
| 2022 | $16,629,730 | $587,661 | $1,077,075 | $898,000 | 9 | $927,750 | $121,835 | $1,003,571 |
| 2021 | $18,091,517 | $7,280,804 | $1,122,585 | $800,000 | 9 | $838,500 | $5,216,677 | $900,786 |
| 2020 | $14,040,103 | $4,523,992 | $838,206 | $745,000 | 10 | — | $2,810,940 | $647,645 |
| 2019 | $12,012,694 | $663,462 | $925,170 | $720,000 | 10 | — | $435,673 | $732,863 |
Under IRS private-foundation payout rules, Priory Fund reported a distributable amount of $1.1M for 2024 — 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 Priory Fund is provided. Its 2024 grants show support for a range of organizations. For example, the Fund for Global Human Rights describes its work as investing in individuals and organizations promoting human rights, while World Central Kitchen says it provides meals in response to humanitarian, climate, and community crises. The Foodbank of Santa Barbara County says it works to end hunger and improve community health, and CALM says it works to prevent childhood trauma and support children and families.
Grantmaking
In 2024, Priory Fund made 12 grants totaling $1,012,000. Grant amounts ranged from $10,000 to $483,000, with a median grant of $37,500. Its largest grants included $483,000 to Stanford University, $110,000 to the Fund for Global Human Rights, $100,000 to World Central Kitchen, and $100,000 to the University of California Regents. Other listed recipients included the Human Rights & Business Award Foundation ($50,000), the American Associates of the Royal National Theatre ($50,000), Yale University ($25,000), and Médecins Sans Frontières USA ($25,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kathleen A. Lavidge as president and Edward J. McKinley as treasurer/secretary.
Priory Fund is led by Kathleen A. Lavidge, President on every filing since 2019; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kathleen A. Lavidge
President
On filings since 2019
1 hr/week
No compensation reported
Edward J. McKinley
Treasurer & Secretary
Treasurer → Treasurer & Secretary, 2024
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Priory Fund
How much does Priory Fund give each year?
Priory Fund gave $1.0M across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $798K across 8 grants.
What is Priory Fund's typical grant size?
Priory Fund's median grant in 2024 was $37,500, and its average grant was $84,333, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Priory Fund that year got $47K on average.
Where does Priory Fund give grants?
Priory Fund gives mostly in California: 64% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (21%) and New York (7%). The most frequent recipient cities were Santa Barbara, CA (3 grants), Washington, DC (2 grants) and New York, NY (2 grants).
Who are Priory Fund's largest grantees?
Priory Fund's largest 2024 grantees include Stanford University ($483,000), Fund for Global Human Rights ($110,000) and World Central Kitchen ($100,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Priory Fund?
Priory Fund reported $16.4M in total assets on its 2024 IRS Form 990-PF. It paid out $990K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Priory Fund fund?
No mission statement for Priory Fund is provided. Its 2024 grants show support for a range of organizations. See mission & focus areas ↑
How do I apply for a grant from Priory Fund?
Priory Fund makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Priory Fund's EIN?
Priory Fund's EIN (Employer Identification Number) is 27-4014193. IRS Form 990 filing data is available on this page for 2019–2024.
Does Priory Fund 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
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 18, 2020)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Priory Fund funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/priory-fund-morg_8705ebdf963b4b66a5515d6b6f40ec57
BibTeX
@misc{grantable_274014193_2026,
author = {{Grantable}},
title = {{Priory Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/priory-fund-morg_8705ebdf963b4b66a5515d6b6f40ec57},
note = {Accessed 2026-10-14. 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 Priory Fund'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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