The Robert E & Rosemary Price

Private foundation · Grantmaker Marco Island, FL EIN: 38-3247629

The Robert E & Rosemary Price is a private foundation based in Marco Island, Florida. Its 2025 filing reports grants to charitable organizations including a school, a humanitarian aid organization, an animal welfare organization, a community foundation, and food and hospice providers.

Key facts about The Robert E & Rosemary Price

In short: The Robert E & Rosemary Price gave $697K across 24 grants in 2025 (avg $29K), top state Michigan. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
38-3247629
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$697,150
Grants made (2025)
24
Average grant
$29,048
Median grant
$20,000
New grantees (estimate)
25% first-time grantees (6 of 24, 2025)
Total assets
$13,898,699
Primary geography
Michigan (41% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13.9M

-11.6% YoY

Annual Giving

$697K

+22.5% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$29K

+12.3% YoY

Under IRS private-foundation payout rules, The Robert E & Rosemary Price reported a distributable amount of $879K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Robert E & Rosemary Price open to new grantees?

25%

first-time grantees, 2025

In 2025, 6 of 24 grantees (25%) were first-time recipients. First grants averaged $23K; repeat grants $31K. How we count

Medians: $17K first-time, $20K repeat.

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−18%). Method
  • In 2025 it paid out 96% 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 (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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 show support for organizations with varied missions. Hope Academy describes its work as operating a K–12 school in urban Minneapolis that provides a classical Christian education. Samaritan’s Purse says it provides spiritual and physical aid to people affected by war, poverty, disasters, disease, and famine. Lenawee Humane Society says its mission is to save animals’ lives while enriching human lives.

Other 2025 recipients describe work that includes enhancing quality of life in the St. Croix Valley (St. Croix Valley Foundation), reducing hunger for neighbors in need (Our Daily Bread Food Pantry), and providing patient- and family-centered care at the end of life (Hospice of Lenawee). The University of the Cumberlands describes its mission as providing broad-based, affordable education grounded in Christian principles and service.

Grantmaking

In 2025, the foundation reported 24 grants totaling $697,150. Individual grants ranged from $1,200 to $100,000, with a median of $20,000. Its largest reported grants included $100,000 to Hope Academy, $70,000 to Samaritan’s Purse, $50,000 each to Hillsdale College, Lenawee Humane Society, St. Croix Valley Foundation, and St. Jude’s Children’s Hospital, and $40,325 to Crosswell Opera House. Other listed grants included $30,000 to Our Daily Bread Food Pantry and $25,000 each to Hospice of Lenawee and Marco Island Yacht Club.

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Geographic Focus

Where this funder awards grants

In 2025, 41% of grant dollars went to recipients in Michigan, 17% to Minnesota, 11% to Florida, 10% to North Carolina, and 7% to Wisconsin. These figures describe the locations of recipients reported for that year.

Grant Distribution by State

13states

Share of 2025 grant dollars across all 24 itemized grants.

Cities

AdrianMinneapolisCenter LineEast LansingOsseoTaylorWilliamsburgMarco IslandBooneMaumeeOak ParkTroyChamberlainHudsonPurchaseTriangleDeshlerDetroitGrand ForksHillsdale

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M7 grants2020 11 grants2021 12 grants2022 17 grants2023 22 grants2024 24 grants2025

From 2020 to 2025, annual grant giving ranged from $61K (2020) to $914K (2021). In 2025 it made 24 grants totaling $697K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Hope Academy: $100KHope Academy$100KSamaritans Purse: $70KSamaritans Purse$70KHillsdale College: $50KHillsdale College$50KLenawee Humane Society: $50KLenawee Humane Society$50KSt Croix Valley Foundation: $50KSt Croix Valley Foundation$50KSt Jude's Children's Hospital: $50KSt Jude's Children's Hospital$50KCrosswell Opera House: $40KCrosswell Opera House$40KOur Daily Bread Food Pantry: $30KOur Daily Bread Food Pantry$30KFish and Loaves Food Pantry: $25KFish and Loaves Food Pantry$25KHospice of Lenawee: $25KHospice of Lenawee$25K

The largest 2025 recipient was Hope Academy ($100K). Together the top 10 received $490K.

Grant Size Distribution

86 grants across all recorded years

69<$50K9$50–100K3$100–250K4$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 69 grants of 86 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hope Academy Minneapolis, MNGeneral Operating Support$100,000
Samaritans Purse Boone, NCGeneral Operating Support$70,000
Hillsdale College Hillsdale, MIGeneral Operating$50,000
Lenawee Humane Society Adrian, MIGeneral Operating Support$50,000
St Croix Valley Foundation Hudson, WIGeneral Operating Support$50,000
St Jude's Children's Hospital Memphis, TNGeneral Operating$50,000
Crosswell Opera House Adrian, MIGeneral Operating Support$40,325
Our Daily Bread Food Pantry Marco Island, FLGeneral Operating Support$30,000
Fish and Loaves Food Pantry Taylor, MIGeneral Operating Support$25,000
Hospice of Lenawee Adrian, MIGeneral Operating Support$25,000

Financial History

Multi-year comparison from IRS filings

Filing year Grants reported Number of grants
2025 $697,150 24
2024 $568,900 22
2023 $877,500 17
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$13,898,699$15,717,746$14,520,515
Revenue$549,781$502,228$209,044
Expenses$984,240$821,524$1,036,844
Qualifying Distributions$843,088$708,640$949,936
Net Investment Income$412,861$389,563$187,308
Distributable Amount$879,292$842,968$756,116

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 25, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 25, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Rosemary Price as president and C R Hackworthy as treasurer/SE.

The Robert E & Rosemary Price is led by Rosemary Price, President since 2023 (on filings since 2020); all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Rosemary Price

    President

    President → President & Director, 2022

    President & Director → President, 2023

    On filings since 2020

    0.5 hrs/week

    $40K (2023) → $60K (2025)

  • C. R. Hackworthy

    Treasurer & Secretary

    Treasurer, Director, Secretary & Director → Treasurer & Secretary, 2023

    On filings since 2022

    0.5 hrs/week

    $30K (2024) → $30K (2025)

Former officers (2)
  • Former: Curtis H. Mistele (2020–2021) — Secretary · Filing note: Resigned 11/17/2021
  • Former: Henry E. Mistele (2020–2021) — Treasurer · Filing note: Resigned 11/17/2021

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Rosemary Price — President: $60KRosemary PricePresident$60KC R Hackworthy — Treasurer/Se: $30KC R HackworthyTreasurer/Se$30K

The highest reported compensation on the 2025 filing was $60K, to Rosemary Price (President). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 970 Cape Marco Drive Unit 501, Marco Island, FL 34145
Phone: (313) 965-8300

Frequently asked questions about The Robert E & Rosemary Price

How much does The Robert E & Rosemary Price give each year?

The Robert E & Rosemary Price gave $697K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $569K across 22 grants.

What is The Robert E & Rosemary Price's typical grant size?

The Robert E & Rosemary Price's median grant in 2025 was $20,000, and its average grant was $29,048, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Robert E & Rosemary Price that year got $23K on average.

Where does The Robert E & Rosemary Price give grants?

The Robert E & Rosemary Price's top state is Michigan, with 41% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (17%) and Florida (11%). The most frequent recipient cities were Adrian, MI (4 grants), Marco Island, FL (3 grants) and Minneapolis, MN (2 grants).

Does The Robert E & Rosemary Price give general operating support?

Yes: 88% of The Robert E & Rosemary Price's 2025 grants with a stated purpose (21 of 24) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Robert E & Rosemary Price's largest grantees?

The Robert E & Rosemary Price's largest 2025 grantees include Hope Academy ($100,000), Samaritans Purse ($70,000) and Hillsdale College ($50,000), according to its 2025 IRS Form 990-PF. Together they received 32% of its itemized 2025 grant dollars.

How large is The Robert E & Rosemary Price?

The Robert E & Rosemary Price reported $13.9M in total assets on its 2025 IRS Form 990-PF. It paid out $843K in qualifying distributions that year, against a required minimum of $879K (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 The Robert E & Rosemary Price fund?

No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. Hope Academy describes its work as operating a K–12 school in urban Minneapolis that provides a classical Christian education. See mission & focus areas ↑

How do I apply for a grant from The Robert E & Rosemary Price?

The foundation 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 The Robert E & Rosemary Price's EIN?

The Robert E & Rosemary Price's EIN (Employer Identification Number) is 38-3247629. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Robert E & Rosemary Price accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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