Price Philanthropies Foundation
Price Philanthropies Foundation is a private foundation based in La Jolla, California, founded by retail entrepreneur Sol Price and his wife, Helen. It supports opportunities for underserved youth and families, with grantmaking primarily in San Diego and a special focus on City Heights.
Key facts about Price Philanthropies Foundation
In short: Price Philanthropies Foundation gave $33.8M across 246 grants in 2024 (avg $137K), mostly in California. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 46-5129465
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $33,754,775
- Grants made (2024)
- 246
- Average grant
- $137,215
- Median grant
- $22,410
- New grantees (estimate)
- 16% first-time grantees (39 of 245, 2024)
- Total assets
- $446,790,516
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests at this time; current grantees may contact their program officer. Full details ↓
- Deadline
- None stated.
Data from IRS Form 990-PF, 2024; updated October 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 2024 IRS Form 990-PF · View filing
Total Assets
$446.8M
-5.1% YoY
Annual Giving
$33.8M
+105.9% YoY
Grant Count
246
-6.5% YoY
Avg Grant Size
$137K
+120.2% YoY
Under IRS private-foundation payout rules, Price Philanthropies Foundation reported a distributable amount of $32.6M for 2024 — the minimum it must pay out in qualifying distributions.
Is Price Philanthropies Foundation open to new grantees?
16%
first-time grantees, 2024
In 2024, 39 of 245 grantees (16%) were first-time recipients. First grants averaged $503K; repeat grants $69K. How we count
Medians: $5K first-time, $25K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving grew 147% from 2021 to 2024. Method
- In 2024 it paid out 203% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s mission is to improve life opportunities for underserved youth and families, and their communities. Its initiatives include early education and childcare, and mental health services for youth and families. The foundation describes its mental health funding as concentrating on safety-net programs serving primarily Medi-Cal, uninsured, and underinsured families.
Its 2024 grantees illustrate a range of supported organizations. For example, the San Diego Parks Foundation says its mission is to improve quality of life through equitable investment in parks, greenspace, and recreation. Mending Matters describes its work as engaging and empowering youth through mental health services. The UC San Diego Foundation says it raises private support for the university’s research, teaching, and public service mission.
Grantmaking
In 2024, the foundation reported 246 grants totaling $33,754,775. Grants ranged from $1,000 to $19,142,550, with a median of $22,410. Its largest reported grant was $19,142,550 to Jewish Community Foundation, with the stated purpose “Donor Advised Fund.” Other large grants included $2,403,333 to UC San Diego Foundation for general and capital support; $1,683,000 to PriceSmart Foundation for general support, programs, and projects; and $615,672 to San Diego Unified School District for programs and projects.
Review Cycle
None stated.
Open Grants
1 open opportunity from Price Philanthropies Foundation
Ready to take the next step with Price Philanthropies Foundation?
Geographic Focus
Where this funder awards grants
The foundation describes its grantmaking as San Diego-based, with a primary focus on City Heights and a broader focus on San Diego nonprofits. It also identifies PriceSmart communities in Latin America and the Caribbean as a focus area. In 2024, 97% of grant dollars went to recipients in California and 2% to recipients in Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 246 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13.7M (2021) to $33.8M (2024). In 2024 it made 246 grants totaling $33.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Community Foundation ($19.1M). Together the top 10 received $26.2M.
Grant Size Distribution
1,470 grants across all recorded years
The most common grant size was under $50K: 1,123 grants of 1,470 (76%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Community Foundation San Dfiego, CA | Donor Advised Fund | $19,142,550 |
| Uc San Diego Foundation San Diego, CA | General Support; Capital Fund Support | $2,403,333 |
| Pricesmart Foundation La Jolla, CA | General Support; Programs and Projects | $1,683,000 |
| San Diego Unified School District San Diego, CA | Programs and Projects | $615,672 |
| San Diego State University Research Foundation San Diego, CA | Programs and Projects; Emergency Response | $477,168 |
| Csusm Foundation San Marcos, CA | Programs and Projects | $445,190 |
| San Diego Natural History Museum San Diego, CA | General Support; Programs and Projects | $440,323 |
| San Diego Foundation San Diego, CA | Programs and Projects | $366,753 |
| Center on Budget & Policy Priorities Washington, DC | General Support | $300,000 |
| The Urban Institute Washington, DC | General Support | $300,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Grant count |
|---|---|---|
| 2024 | $33,754,775 | 246 |
| 2023 | $16,391,244 | 263 |
| 2022 | $16,836,187 | 281 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $446,790,516 | $470,624,292 | $483,717,111 |
| Revenue | $51,367,425 | $26,148,917 | $23,942,509 |
| Expenses | $75,206,266 | $39,428,481 | $38,275,512 |
| Qualifying Distributions | $66,197,568 | $31,008,893 | $30,387,320 |
| Net Investment Income | $16,501,841 | $9,687,908 | $7,494,109 |
| Distributable Amount | $32,590,898 | $29,788,996 | $29,791,582 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Robert Price as chair, president, and grant committee chair; Allison Price and David Price as vice chairs and vice presidents; and Jeff Fisher as a director, investment committee member, and CFO. Other listed directors are Sherry Bahrambeygui, M. Edward Spring, Dede Alpert, Sue Reynolds, and David Lynn. Sophie Bernabe is listed as secretary and general counsel.
Price Philanthropies Foundation is led by Robert Price, Chairman, President, Grant Cmte Chairman & Inv Cmte Member on every filing since 2020; 3 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert Price
Chairman, President, Grant Cmte Chairman & Inv Cmte Member
On filings since 2020
10 hrs/week
No compensation reported
Dede Alpert
Director & Audit Cmte Chair
On filings since 2020
1 hr/week
No compensation reported
M. Edward Spring
Director, Audit Cmte Member & Inv Cmte Chair
On filings since 2020
1 hr/week
No compensation reported
David Lynn
Director & Inv Cmte Member
On filings since 2020
24 hrs/week
$118K (2020) → $50K (2024)
Jeff Fisher
Director, Inv Cmte Member & CFO
On filings since 2020
24 hrs/week
No compensation reported
Matthew Hervey
Director
On filings since 2020
1 hr/week
No compensation reported
Sherry Bahrambeygui
Director
Vice Chairman & Vice President → Vice Chairman, 2021
Vice Chairman → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Sue Reynolds
Director
On filings since 2020
1 hr/week
No compensation reported
Dana Goldman
Director
On filings since 2022
1 hr/week
No compensation reported
Jennette Shay
COO
Vice President - Grant Making → COO, 2024
On filings since 2020
40 hrs/week
$162K (2020) → $260K (2024)
Jennifer Barron
Vice President - International Program
On filings since 2023
40 hrs/week
$205K (2023) → $198K (2024)
Allison Price
Vice Chairman, Vice President & Grant Cmte Member
On filings since 2020
1 hr/week
No compensation reported
Sophie Bernabe
Secretary & General Counsel
Secretary → Secretary & General Counsel, 2024
On filings since 2020
24 hrs/week
No compensation reported
David Price
Vice Chairman & Vice President
Director → Vice Chairman & Vice Prsident, 2023
Vice Chairman & Vice Prsident → Vice Chairman & Vice President, 2024
On filings since 2022
5 hrs/week
No compensation reported
Former officers (1)
- Former: Jack Knott (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $260K, to Jennette Shay (COO). 3 officers or directors reported compensation on that filing.
Contact
Application contact: Terry Malavenda Price Philanthropie
Mailing address: 4305 University Avenue Suite 600, San Diego, CA 92105
Phone: (619) 795-2000
Website: https://pricephilanthropies.org
Frequently asked questions about Price Philanthropies Foundation
How much does Price Philanthropies Foundation give each year?
Price Philanthropies Foundation gave $33.8M across 246 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16.4M across 263 grants.
What is Price Philanthropies Foundation's typical grant size?
Price Philanthropies Foundation's median grant in 2024 was $22,410, and its average grant was $137,215, across 246 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Price Philanthropies Foundation that year got $503K on average.
Where does Price Philanthropies Foundation give grants?
Price Philanthropies Foundation gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (160 grants), Encinitas, CA (6 grants), La Jolla, CA (5 grants) and Washington, DC (5 grants).
Does Price Philanthropies Foundation give general operating support?
Yes: 66% of Price Philanthropies Foundation's 2024 grants with a stated purpose (163 of 246) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Programs and Projects" (63 grants), "Scholarship" (14 grants) and "Emergency Response" (3 grants).
Who are Price Philanthropies Foundation's largest grantees?
Price Philanthropies Foundation's largest 2024 grantees include Jewish Community Foundation ($19,142,550), Uc San Diego Foundation ($2,403,333) and Pricesmart Foundation ($1,683,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is Price Philanthropies Foundation?
Price Philanthropies Foundation reported $446.8M in total assets on its 2024 IRS Form 990-PF. It paid out $66.2M in qualifying distributions that year, against a required minimum of $32.6M (roughly 5% of its investment assets).
What does Price Philanthropies Foundation fund?
The foundation’s mission is to improve life opportunities for underserved youth and families, and their communities. Its initiatives include early education and childcare, and mental health services for youth and families. See mission & focus areas ↑
How do I apply for a grant from Price Philanthropies Foundation?
The foundation does not accept unsolicited requests at this time; current grantees may contact their program officer. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Price Philanthropies Foundation's EIN?
Price Philanthropies Foundation's EIN (Employer Identification Number) is 46-5129465. IRS Form 990 filing data is available on this page for 2020–2024.
Does Price Philanthropies 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.
Here's the math on researching Price Philanthropies Foundation by hand.
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