Theodore H & Nancy H Price
Theodore H & Nancy Price Foundation Inc is a private foundation based in Richmond, Virginia. The foundation has been tax-exempt since May 1966 and operates as a grantmaking organization supporting various charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$346K
-1.6% YoY
Grant Count
13
-70.5% YoY
Avg Grant Size
$27K
+232.9% YoY
Under IRS private-foundation payout rules, Theodore H & Nancy H Price reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation is listed among foundations in Vero Beach, Florida that provide grants for fund raising and fund distribution purposes. The foundation makes grants to support charitable organizations and their initiatives.
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Geographic Focus
Where this funder awards grants
While the foundation is headquartered in Richmond, Virginia, it has been identified as funding organizations in the Vero Beach, Florida area, suggesting a geographic reach that extends beyond its home state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
The foundation filed tax returns for the fiscal year ending March 2019, indicating active grantmaking operations during that period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $298,313 | $381,383 |
| Revenue | $67,840 | $286,694 | $348,820 |
| Expenses | $366,153 | $375,405 | $430,346 |
| Qualifying Distributions | $346,266 | $352,050 | $417,180 |
| Net Investment Income | $31,041 | $276,727 | $337,732 |
| Distributable Amount | $36,719 | $46,756 | $66,539 |
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
192 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Renaissance Charitable Foundation Inc Theodore H and Nancy Price Family ($277,931), Virginia for Veterans ($12,000), American Friends of Georgia ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIEND OF PARIS OPERA NEW YORK, NY | GENERAL PURPOSE | $7,000 |
| AMERICAN FRIENDS OF GEORGIA TRURO, MA | GENERAL PURPOSE | $10,000 |
| FRENCH INSTITUTE ALLIANCE FRANCAISE NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| MCKEE GARDENS VERO BEACH, FL | GENERAL PURPOSE | $2,000 |
| NAVY SEAL FOUNDATION VIRGINIA BEACH, VA | GENERAL PURPOSE | $1,000 |
| RIVERSIDE THEATRE VERO BEACH, FL | GENERAL PURPOSE | $3,000 |
| THE VIEW OLD FORGE ART CENTER OLD FORGE, NY | GENERAL PURPOSE | $2,000 |
| EAST WOODS SCHOOL OYSTER BAY, NY | GENERAL PURPOSE | $3,000 |
| VIRGINIA SQUASH RACQUETS ASSOCIATION RICHMOND, VA | GENERAL PURPOSE | $10,000 |
| VIRGINIA FOR VETERANS MIDLOTHIAN, VA | GENERAL PURPOSE | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THEODORE W PRICE | PRESIDENT-TREASURER | 0.5 | — |
| CAROL B PRICE | VICE PRESIDENT-TREASURER | 0.5 | — |
Frequently Asked Questions
How do I apply for a grant from Theodore H & Nancy H Price?
The foundation is listed among foundations in Vero Beach, Florida that provide grants for fund raising and fund distribution purposes. The foundation makes grants to support charitable organizations and their initiatives.
Where does Theodore H & Nancy H Price make grants?
While the foundation is headquartered in Richmond, Virginia, it has been identified as funding organizations in the Vero Beach, Florida area, suggesting a geographic reach that extends beyond its home state.
What size grants does Theodore H & Nancy H Price award?
In 2024, Theodore H & Nancy H Price awarded 13 grants totaling $346K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Theodore H & Nancy H Price required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Theodore H & Nancy H Price reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Theodore H & Nancy H Price's EIN?
Theodore H & Nancy H Price's EIN (Employer Identification Number) is 13-6199406. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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