Louis And Harold Price Foundation Inc
- Assets
- $76.1m
- Revenue
- $2.7m
- Investments
- $74.1m
- Employees
- 0
- Location
- Woodbridge, NJ
- Founding
- 03/1952
- Data as of
- 12/2021
- EIN
- 13-6121358
Organization Overview
Louis And Harold Price Foundation Inc is located in Woodbridge, NJ. The organization was established in 1952. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louis And Harold Price Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Louis And Harold Price Foundation Inc has awarded 728 individual grants totaling $27,716,702. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Vitti President & Trustee | 0 | $0 | |
George Asch Trustee | 0 | $0 | |
Al Osborne Jr PHD Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cecilia Solorzano | 12/30/20 | $68,865 |
Katten | 12/30/20 | $0 |
Katten | 12/30/20 | $77,320 |
Bessemer Trust | 12/30/20 | $360,621 |
Bessemer Trust | 12/30/20 | $0 |
Cecilia Solorzano | 12/30/20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $104,893 |
| Dividends & Interest | $1,104,914 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,333,979 |
| Capital Gain Net Income | $1,333,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $165,405 |
| Total Revenue | $2,709,191 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $145,065 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $151,544 |
| Total operating and administrative expenses | $856,831 |
| Contributions, gifts, grants paid | $3,785,350 |
| Total expenses and disbursements | $4,642,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,775 |
| Savings and temporary cash investments | $1,978,106 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,615,994 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $76,071,202 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Louis And Harold Price Foundation Inc has awarded $3,785,350 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $645,000 |
Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $600,000 |
Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
CENTER THEATRE GROUP PURPOSE: GENERAL OPERATING SUPPORT | $210,000 |
AVENUES TO INDEPENDENCE PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |