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The Louis and Harold Price Foundation, Inc.

Profile

Last Updated: 2016-06-06

At A Glance

The Louis and Harold Price Foundation, Inc.

1371 Hecla Dr., Ste. B-1

Louisville, CO United States 80027-2318

Telephone: (303) 665-9201

URL: www.pricefoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $82,624,938

Total giving: $3,506,430

EIN

136121358

BRIDGE Number

6884926418

Background

Incorporated in 1951 in NY - Founded by the late Louis Price and his son, Harold Price. Louis was a founding partner of the Joe Lowe Corporation, a bakery and ice cream supply business famous for the promotion of the Popsicle. Harold followed his father's footsteps by joining the Joe Lowe Corporation in 1928 upon graduation from the University of Pennsylvania Wharton School of Business where he obtained a B.S. degree in Economics. From his original position of purchasing agent at the Joe Lowe Corporation, Harold rose through the ranks to the position of Executive Vice-President. As Executive Vice-President, Harold was responsible for the successful merger in 1965 of the Joe Lowe Corporation with Consolidated Foods Corporation, now known as Sara Lee Corporation. Through shareholdings in Sara Lee Corporation, Louis and Harold funded their foundation and guided its existence for many years as respective Presidents

Purpose and Activities

Giving primarily for arts and culture (with an emphasis on education), children and youth, education, entrepreneurship, the environment, health, human services, medical research, and civic and community and Jewish related causes .

Fields of Interest

Subjects
  • Arts and culture
  • Child welfare
  • Community and economic development
  • Diseases and conditions
  • Education
  • Health
  • Human services
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $82,624,938 (market value)

Expenditures: $4,175,707

Total giving: $3,506,430

Qualifying distributions: $3,864,052