Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE LOUIS & HAROLD PRICE FOUNDATION
 
% THE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)100 WOODBRIDGE CENTER DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WOODBRIDGE, NJ070951191
A Employer identification number

13-6121358
B Telephone number (see instructions)

(213) 330-8571
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$110,331,465J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 274,001 274,001  
4 Dividends and interest from securities... 1,555,227 1,555,227  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -444,770
b Gross sales price for all assets on line 6a 9,684,644
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
847,757 771,281  
12 Total. Add lines 1 through 11........ 2,232,215 2,600,509  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
108,860 10,886 0 97,974
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
435,147 306,812   128,335
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
81,760 2,310    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
142,079 132,848   9,231
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 767,846 452,856 0 235,540
25 Contributions, gifts, grants paid....... 4,776,750 4,776,750
26 Total expenses and disbursements. Add lines 24 and 25 5,544,596 452,856 0 5,012,290
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,312,381
b Net investment income (if negative, enter -0-) 2,147,653
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 5,775 5,775 5,775
2 Savings and temporary cash investments......... 2,147,094 1,606,944 1,606,944
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 6,937,667 Click to see attachment
List of Attached Documents:
// Content
6,638,782 		6,786,980
b Investments—corporate stock (attach schedule)....... 56,974,032 Click to see attachment
List of Attached Documents:
// Content
55,658,904 		90,985,739
c Investments—corporate bonds (attach schedule)....... 3,734,841 Click to see attachment
List of Attached Documents:
// Content
3,799,634 		3,782,001
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,555,862 Click to see attachment
List of Attached Documents:
// Content
4,327,409 		7,158,261
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,487 		Click to see attachment
List of Attached Documents:
// Content
5,765 		Click to see attachment
List of Attached Documents:
// Content
5,765
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 74,361,758 72,043,213 110,331,465
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 74,361,758 72,043,213
29 Total net assets or fund balances (see instructions)..... 74,361,758 72,043,213
30 Total liabilities and net assets/fund balances (see instructions). 74,361,758 72,043,213
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
74,361,758
2
Enter amount from Part I, line 27a .....................
2
-3,312,381
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
994,266
4
Add lines 1, 2, and 3 ..........................
4
72,043,643
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
430
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
72,043,213
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES     2023-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,684,644   10,129,414 -444,770
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -444,770
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -444,770
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 29,852
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 29,852
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,852
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 47,820
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,820
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 17,968
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow17,968 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowPRICEFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (732) 694-5413

Located atright arrow100 WOODBRIDGE CENTER DRIVEWOODBRIDGENJ ZIP+4right arrow070951191
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
AL OSBORNE JR PHD TRUSTEE
0.15 		0 0 0
100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ070951191
BONNIE VITTI PRESIDENT/TRUSTEE
8.0 		0 0 0
100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ070951191
GEORGE ASCH TRUSTEE
0.15 		0 0 0
100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ070951191
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BESSEMER TRUST INVESTMENT ADVISORY 430,457
100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ070951191
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
93,956,589
b
Average of monthly cash balances.......................
1b
1,410,296
c
Fair market value of all other assets (see instructions)................
1c
7,157,377
d
Total (add lines 1a, b, and c).........................
1d
102,524,262
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
102,524,262
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,468,584
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
98,055,678
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,902,784
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,902,784
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
29,852
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
14,236
c
Add lines 2a and 2b............................
2c
44,088
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,858,696
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,858,696
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,858,696
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
5,012,290
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,012,290
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 4,858,696
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 4,849,311
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,012,290
a Applied to 2022, but not more than line 2a 4,849,311
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 162,979
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		4,695,717
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Access Afterschool

PO Box 819 Carbondale
Carbondale,CO81623 		N/A PC General Operating Support 10,000

American Corporation of the Arts

6233 Hollywood Boulevard
Los Angeles,CA90028 		N/A PC 2023-2024 Producer Level Membership 12,000

American Friends of Shaare Zedek Medical

55 West 39th Street 4th Floor
New York,NY10018 		N/A PC General Operating Support 5,000

American Jewish World Service

45 West 36th Street 11
New York,NY100187904 		N/A PC General Operating Support 10,000

Americares Foundation Inc

88 Hamilton Avenue
Stamford,CT06902 		N/A PC SUPPORT TO UKRAINE 20,000

Anti-Defamation League - National

605 3rd Avenue
New York,NY10158 		N/A PC General Operating Support / Gift to Anti-Defamation League - National 105,000

Anti-Defamation League Los Angeles

10495 Santa Monica Blvd
Los Angeles,CA90025 		N/A PC General Operating Support / Gift to Anti-Defamation League - Los Angeles 110,000

APLA Health & Wellness

611 S KINGSLEY DR
Los Angeles,CA900052319 		N/A PC General Operating Support 1,000

Aspen Hall of Fame

PO Box 510
Aspen,CO81612 		N/A PC General Operating Support / March 2023 Grant 2,000

Aspen Historical Society

620 West Bleeker Street
Aspen,CO81611 		N/A PC General Operating Support 5,000

Aspen Music Festival and School

222 Music School Road
Aspen,CO81611 		N/A PC General Operating Support 88,000

Aspen Valley Ski-Snowboard Club Inc

300n AVSC Drive
Aspen,CO81611 		N/A PC SnoWarrior Skier Scholarships 10,000

Aspen Youth Center

PO Box 8266
Aspen,CO81612 		N/A PC After School Clubs 10,000

Avenues to Independence

513 Busse Highway Suite 100
Park Ridge,IL60068 		N/A PC March 2023 Grant 100,000

Bessie's Hope

PO Box 12675
Denver,CO80212 		N/A PC General Operating Support 5,000

Bridging Bionics Foundation

455 Gold Rivers Court
Basalt,CO81621 		N/A PC General Operating Support 35,000

Carnegie Hall Corporation

881 Seventh Avenue
New York,NY100193321 		N/A PC General operating support 5,000

Cedars-Sinai Medical Center

8700 Beverly Blvd Suite 2416
Los Angeles,CA900480750 		N/A PC General Support 40,000

Center for Reproductive Rights

199 Water Street 22nd Floor
New York,NY10038 		N/A PC General Operating Support 50,000

Center Theatre Group

601 West Temple Street
Los Angeles,CA90012 		N/A PC March 2023 Grant 150,000

Children's Aid Society

117 West 124th Street 5th Floor
New York,NY10027 		N/A PC General Operating Support 2,000

Columbia College Fund The

PO Box 1523
New York,NY10008 		N/A PC General operating support 5,000

Cystic Fibrosis Canada

2323 Younge Street Suite 800
  TorontoCA M4P 2C9
CA 		N/A PC 2023 Grant from The Louis and Harold Price Foundat 10,000

de Toledo High School

22622 Vanowen Street
Los Angeles,CA91307 		N/A PC General Operating Support/ Tuition assistance program / Gift to de Toledo High School 85,000

Dogwood Alliance

93 Church St
Asheville,NC28801 		N/A PC Communities Solutions 5,000

English in Action

PO Box 4856
Basalt,CO81612 		N/A PC General Operating Support 10,000

Ethical Culture Fieldston School

33 Central Park West
New York,NY10023 		N/A PC ECFS Annual Fund 5,000

Exponent Philanthropy

1720 N Street NW
Washington,DC20036 		N/A PC Donation portion 100

Feeding America

35 East Wacker Drive 2000
Chicago,IL60601 		N/A PC April 2023 Grant/ Gift to Feeding America 350,000

Food Bank for New York City

39 Broadway 10th Floor
New York,NY10006 		N/A PC April 2023 Grant/ General Operating Support 40,000

Food Bank of the Rockies

10700 E 45th Avenue
Denver,CO80239 		N/A PC April 2023 Grant/ 50% Western Slope & 50% General Operating Support 60,000

Fresh Start Surgical Gifts

2011 Palomar Airport Rd Ste 206
Carlsbad,CA92011 		N/A PC General Operating Support 10,000

Harvard-Westlake School

3700 Coldwater Canyon
Studio City,CA91604 		N/A PC Gift to Harvard Westlake School 50,000

Henry Street Settlement

265 Henry St
New York,NY10002 		N/A PC Boys and Girls Republic 2,500

Hope House of Colorado

6475 Benton Street Bldg A
Arvada,CO80003 		N/A PC GED Program 10,000

Independence Pass Foundation

312 AABC Suite F
Aspen,CO80611 		N/A PC General Operating Support 6,000

Jewish Big Brothers Big Sisters of LA

11150 West Olympic Boulevard Suite
Los Angeles,CA90064 		N/A PC General Operating Support 5,000

Jewish Federation Council of Greater LA

6505 Wilshire Boulevard Suite 1100
Los Angeles,CA90048 		N/A PC March and April 2023 Grants/ Gift to Jewish Federation Council of Greater Los Angeles 350,000

Jewish Foundation For The Righteous Inc

80 Main Street Suite 380
West Orange,AL070525438 		N/A PC Rescuer Support Program 40,000

Laradon

5100 Lincoln Street
Denver,CO80216 		N/A PC Individual Employment Program 10,000

Lenox Hill Hospital

Northwell Health Foundation 100 Eas
New York,NY10075 		N/A PC Northwell Health Foundation 10,000

Leo Baeck Temple

1300 North Sepulveda Boulevard
Los Angeles,CA90049 		N/A PC General Operating Support 227,500

LIFT-UP Pitkin County

800 Railroad Avenue
Rifle,CO81650 		N/A PC General Operating Support 20,000

Lincoln Center For The Performing Arts

70 Lincoln Center Plaza 9th Floor
New York,NY10023 		N/A PC General operating support 5,000

Los Angeles County Museum of Art

5905 Wilshire Boulevard
Los Angeles,CA90036 		N/A PC General Operating Support 5,000

Los Angeles Jewish Home for the Aging

7150 Tampa Avenue
Reseda,CA91335 		N/A PC General Operating Support 10,000

Los Angeles Opera Company

135 N Grand Ave
Los Angeles,CA90012 		N/A PC LA Opera's Education and Senior Programs 25,000

Los Angeles Police Memorial Foundation

1880 North Academy Drive
Los Angeles,CA90012 		N/A PC General Operating Support 2,500

Los Angeles Regional Foodbank

1734 East 41st Street
Vernon,CA90058 		N/A PC April 2023 Grant/ General Operating Support 60,000

MANNA FoodBank Inc

627 SWANNANOA RIVER RD
Asheville,NC28805 		N/A PC General Operating Support 60,000

Meals on Wheels - Denver

2660 Larimer Street
Denver,CO80205 		N/A PC General Operating Support/ Meals on Wheels Program 50,000

Mountain Rescue-Aspen Inc

37925 Highway 82
Aspen,CO81611 		N/A PC General Operating Support 1,000

Museum of Tolerance

1399 South Roxbury Drive
Los Angeles,CA90035 		N/A PC General Operating Support 10,000

National Center for Family Philanthropy

1667 K Street Northwest Suite 550
Washington,DC20006 		N/A PC April 2023 Grant 1,000

Natural Resources Defense Council

40 West 20th Street
New York,NY10011 		N/A PC April 2023 Grant 25,000

New York Historical Society

170 Central Park West
New York,NY10024 		N/A PC General operating support 10,000

New York Presbyterian Weill Cornell Med

850 Third Avenue 12th Floor
New York,NY10022 		N/A PC General operating support 10,000

Oakwood School

11600 Magnolia Boulevard
Los Angeles,CA91601 		N/A PC March 2023 Grant 750,000

ONEgeneration

17400 Victory Blvd
Nuys,CA91406 		N/A PC Grandparents as Parents - General Support 10,000

Pitkin County Library

120 North Mill Street
Aspen,CO81611 		N/A PC General Operating Support 3,000

Planned Parenthood Los Angeles

400 West 30th Street
Los Angeles,CA90007 		N/A PC General Operating Support 5,000

Planned Parenthood of New York City

26 Bleecker Street
New York,NY10012 		N/A PC General Operating Support 5,000

Planned Parenthood of the Rocky Mountains

7155 East 38th Avenue
Denver,CO80207 		N/A PC General Operating Support - Glenwood Springs Healt 5,000

Population Connection

2120 L Street Northwest
Wahington,DC20037 		N/A PC April 2023 Grant 20,000

Regents of the University of Colorado

1800 North Grant Street Suite 600
Denver,CO802031148 		N/A PC Regents of the Univ of Colorado 100,000

RESPONSE Help For Battered Women

405 Castle Creek Road Suite 203
Aspen,CO81612 		N/A PC General Operating Support 10,000

Rocky Mountain PBS - KRMA Channel 6

2101 Arapahoe St
Denver,CO80205 		N/A PC General Operating Support 5,000

Saban Community Clinic

8405 Beverly Boulevard
Los Angeles,CA90048 		N/A PC General Operating Support 20,000

Sacramento Food Bank & Family Services

3333 Third Avenue
Sacramento,CA95817 		N/A PC APRIL 2023 GRANT/ General Operating Support 60,000

SafeHouse Denver

1649 North Downing Street
Denver,CO80218 		N/A PC General Operating Support 15,000

Sea Shepherd Australia Limited

2 Ann St PO Box 1215
Williamstown   3016
AS 		N/A PC July 2023 - Grants - 1st installment toward aid of new boat and towing equipment 50,000

Second Nurture

2389 Main Street Ste 100
Glastonbury,CT06033 		N/A PC April 2023 Grant 25,000

Shining Stars Foundation

24 County Road 524
Tabernash,CO80478 		N/A PC April 2023 Grant 5,000

Solomon R Guggenheim Foundation

1071 Fifth Avenue
New York,NY10128 		N/A PC General operating support 5,000

Southern Poverty Law Center Inc

400 Washington Avenue
Montgomery,AL36104 		N/A PC Tolerance programs/monitor hate programs 40,000

Swipe Out Hunger

3751 Motor Ave PO 34425
Los Angeles,CA90034 		N/A PC General Operating Support 5,000

Teach For America - Los Angeles

606 S Olive Street Suite 300
Los Angeles,CA90014 		N/A PC General Operating Support 10,000

Temple Beth Hillel

12326 Riverside Drive
Valley Village,CA916073608 		N/A PC May 6th Gala / Discretionary Fund / Security Needs 200,000

The Buddy Program Inc

110 East Hallam Suite 125
Aspen,CO81611 		N/A PC April 2023 Grant/ General Operating Support 50,000

The Denver Rescue Mission

6100 Smith Road
Denver,CO80216 		N/A PC April 2023 Grant 25,000

The Garry Marshall Theatre

4252 W Riverside Drive
Burbank,CA91505 		N/A PC General operating support 15,000

The ISEF Foundation

520 8th Avenue Fourth Floor
New York,NY10018 		N/A PC April 2023 Grant/ Crisis Support 60,000

The Jewish Federation of Greater LA

6505 Wilshire Boulevard Suite 1100
Los Angeles,CA90048 		N/A PC Jewish Federation Council of Greater Los Angeles 100,000

The Music Center of Los Angeles County

135 North Grande Avenue
Los Angeles,CA90012 		N/A PC The Music Center Arts Education Programs 20,000

The People Concern

2116 Arlington Avenue Suite 100
Los Angeles,CA90018 		N/A PC Sojourn - A Project of OPCC 10,000

The Salvation Army

16941 Keegan Ave
Carson,CA90746 		N/A PC Siemon Family Youth & Community Center 10,000

UCLA - Bootcamp for Veterans

110 Westwood Plaza Suite C305
Los Angeles,CA900951481 		N/A PC Entrepreneurship Bootcamp for Veterans with Disabilities 25,000

UCLA Foundation

110 Westwood Plaza Suite C305
Los Angeles,CA900951481 		N/A PC Entrepreneurs BootCamp for Veterans (EBV) / The UCLA Foundation third installment pledge / Osborne Entrepreneurship & Innovation Fund (90719) 642,500

United States Holocaust Memorial Museum

100 Raoul Wallenberg Place Southwes
Washington,DC20024 		N/A PC General Operating Support 5,000

University of California Irvine Foundation

100 Theory Suite 250
Irvine,CA92617 		N/A PC School of Science / UCI Foundation 5,000

University of California Los Angeles

110 Westwood Plaza Suite F405
Los Angeles,CA900951481 		N/A PC Fellowship Support 10,650

University of Colorado Foundation

1800 Grant Street Suite 725
Denver,CO80301 		N/A PC UCB Parent Fund 5,000

University of ColoradoGuardian Scholars

1800 Grant Street Suite 725
Denver,CO80301 		N/A PC Guardian Scholars Program 20,000

University of Washington Foundation

PACCAR Hal 4273 E Stevens Way NE
Seattle,WA981953200 		N/A PC Bradford-Osborne Research Award (BORA) 35,000

Venice Family Clinic

604 Rose Avenue
Venice,CA90291 		N/A PC Early Head Start Program 5,000

Visiting Nurse Assoc & Hospice of SC

2151 East Convention Center Way Sui
Ontario,CA91764 		N/A PC General Operating Support 10,000

Women Founders Network

741 Iliff Street
Pacific Palisades,CA90272 		N/A PC 2023 Grant 10,000

Yeshiva Ketana

12131 Burbank Boulevard
Valley Village,CA91607 		N/A PC General Operating Support 5,000
Total .................................right arrow 3a 4,776,750
bApproved for future payment

Aspen Music Festival and School
222 Music School Road
Aspen,CO81611 		NONE PC General Operating Support 110,000

Bridging Bionics
455 Gold Rivers Court
Basalt,CO81621 		NONE PC General Operating Support 75,000

Buddy Program
110 East Hallam Suite 125
Aspen,CO81611 		NONE PC Glenwood Springs 4 year campaign 50,000

Harvard-Westlake HS
700 N Faring Road
Los Angeles,CA90077 		NONE PC General Operating Support 200,000

Oakwood School
11600 Magnolia Boulevard
Los Angeles,CA91601 		NONE PC Campaign campus improvements 2,300,000

Sea Shepherd
2 Ann St PO Box 1215
Williamstown   3016
AS 		NONE PC Campaign purchase new boat and towing equipment 100,000

UCLA
110 Westwood Plaza Suite C305
Los Angeles,CA900951481 		  PC Harold & Pauline Price Center for Entrepreneurial Studies in honor of Dr. Al Osborne 1,200,000
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 274,001  
4 Dividends and interest from securities ....     14 1,555,227  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -444,770  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,384,458  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,384,458
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 CashDeemedCharitableExplnStmt
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Explanation:
IN ACCORDANCE WITH REG. 53.4942(A)-2(C)(3)(IV), THE ABOVE REFERENCED FOUNDATION IS EXCLUDING FROM ITS MINIMUM INVESTMENT RETURN (MIR) CALCULATION A TOTAL OF $4,468,584 IN CASH THAT IT DEEMS HELD FOR CHARITABLE ACTIVITIES. THIS AMOUNT IS IN EXCESS OF 1.5% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S NOCHARITABLE-USE ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN SUPPORT OF THE EXCLUSION FROM MIR OF THIS AMOUNT. 1. FAIR MARKET VALUE OF FOUNDATION'S NONCHARITABLE-USE ASSETS: $102,524,263 2. 1.5% OF LINE 1: $1,537,864 3. FACTS AND CIRCUMSTANCES JUSTIFYING THE EXCLUSION OF AN AMOUNT IN EXCESS OF THE AMOUNT IN LINE 2: FOR THE PAST THREE YEARS THE FOUNDATION HAS INCURRED EXPENDITURES FOR CHARITABLE PURPOSES OF $4,013,153 (12/31/21); $4,380,308 (12/31/22); AND $5,012,290 (12/31/23) FOR AN AVERAGE OF $4,468,584 IN ORDER TO CONDUCT ITS CHARITABLE ACTIVITIES. CHARITABLE ACTIVITIES.

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC 103,356 98,706
AIR LEASE CORP 99,082 102,884
AMAZON.COM INC 0 0
AMERICAN EXPRESS CO 0 0
AMERICAN HONDA FINANCE 25,995 27,411
AUTOZONE INC 99,902 101,326
BANK OF AMERICA CORP 100,200 101,080
BANK OF MONTREAL 0 0
BP CAP MARKETS AMERICA 88,727 91,456
CANADIAN IMPERIAL BANK 0 0
CAPITAL ONE FINANCIAL CO 101,897 105,416
CHARLES SCHWAB CORP 110,442 98,567
CHEVRON USA INC 0 0
CITIGROUP INC 115,718 111,476
COMCAST CORP 120,662 110,251
D.R. HORTON INC 59,813 53,603
DTE ENERGY CO 110,213 109,370
ELECTRONIC ARTS INC 86,792 86,508
ENERGY TRANSFER PARTNERS 105,694 96,985
FLORIDA POWER & LIGHT CO 0 0
GENERAL MOTORS FINL CO 70,760 67,710
GENERAL MOTORS FINL CO 36,207 35,073
HCA INC 97,527 102,301
HP ENTERPRISE CO 100,801 95,650
JPMORGAN CHASE & CO 51,047 50,486
JPMORGAN CHASE & CO 51,337 45,303
LABORATORY CORP OF AMER 102,887 106,383
L3HARRIS TECH INC 99,185 104,354
MCDONALD'S CORP 0 0
MOODY'S CORPORATION 99,854 99,077
MORGAN STANLEY 96,742 98,270
OMNICOM GROUP INC 0 0
PAYPAL HOLDINGS INC 95,866 87,685
PIONEER NATURAL RESOURCE 0 0
PNC FINANCIAL SERVICES 102,876 105,029
PUB SVC NEW HAMP 0 0
PUBLIC STORAGE 110,010 99,270
ROPER TECHNOLOGIES INC 0 0
PUBLIC SERVICE ENTERPRIS 100,089 106,365
ROSS STORES INC 0 0
SAN DIEGO G&E 0 0
SHERWIN-WILLIAMS CO 73,905 70,144
SOUTHERN CAL EDISON 101,191 106,772
SOUTHWEST AIRLINES CO 97,550 98,673
STARBUCKS CORP 94,885 97,112
T-MOBILE USA INC 0 0
TOYOTA MOTOR CREDIT CORP 77,158 77,288
TRUIST FINANCIAL CORP 97,137 99,115
UNION PACIFIC CORP 0 0
VALERO ENERGY CORP 109,928 109,265
WARNERMEDIA HOLDINGS INC 100,147 106,658
SUMITOMO MITSUI FINL GRP 108,640 112,361
PFIZER INVESTMENT ENTER 104,874 105,563
BHP BILLITON FIN USA LTD 94,491 99,005
ENBRIDGE INC 97,790 102,613
SDART 2023-1 B 98,257 99,437

TY 2023 InvestmentsCorpStockSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES S&P SMCAP 600 INDEX 3,270,630 4,697,725
ISHARES TR S&P 500 INDEX 46,227,548 77,086,138
ISHARES TR S&P MIDCAP 400 5,163,723 7,867,734
VANGUARD RUSSELL 1000 GROW 997,003 1,334,142

TY 2023 InvestmentsGovtObligationsSch
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
US Government Securities - End of Year Book Value:

6,638,782
US Government Securities - End of Year Fair Market Value:

6,786,980
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2023 InvestmentsOtherSchedule2
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CARLYLE REALTY PARTNERS VII AT COST 73,294 233,682
COMMONFUND CIP PARTNERS VI AT COST 217,561 90,148
COMMONFUND CNR PARTNERS VII AT COST 20,181 136,606
COMMONFUND CNR PARTNERS VIII AT COST 933,099 842,501
COMMONFUND CPE PARTNERS VII AT COST 244,779 496,394
GEM REALTY FUND VI, LP AT COST 485,118 494,678
LANDMARK EQUITY PARTNER XV, LP AT COST 128,894 206,491
LEGACY VENTURE VI (QP), LLC AT COST 464,538 1,690,086
OHA SCF II (OFFSHORE), LP AT COST 460,536 571,081
PARK STREET CAPITAL NRF V, LP AT COST 394,186 590,844
WCAS XII-ASTRO LP AT COST 58,303 0
WELSH, CARSON, ANDERSON &      
STOWE XII, LP AT COST 846,920 1,804,866
ETON PARK OVERSEAS FUND AT COST 0 884

TY 2023 LegalFeesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 108,860 10,886   97,974


TY 2023 OtherAssetsSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED DIVIDENDS 6,487 5,765 5,765


TY 2023 OtherDecreasesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description Amount
NONDEDUCTIBLE EXPENSES 430


TY 2023 OtherExpensesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
K-1 EXPENSES 132,848 132,848    
ADMINISTRATIVE EXPENSES 9,231     9,231


TY 2023 OtherIncomeSchedule2
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 PASS-THROUGH INCOME 699,997 699,997  
K-1 PASS-THROUGH INCOME (UBI) 76,345 0  
OTHER INCOME - PFIC (FROM K-1) 71,284 71,284  
STATE TAX REFUND 131 0  


TY 2023 OtherIncreasesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Description Amount
UNREALIZED GAIN ON DONATED SECURITIES 994,266


TY 2023 OtherProfessionalFeesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 291,451 291,451    
MANAGEMENT FEES 137,500 13,750   123,750
CUSTODY SERVICE FEES 1,506 1,506    
ONLINE GRANTS MANAGEMENT 3,640     3,640
ADMINISTRATIVE SUPPORT 950 95   855
OTHER PROFESSIONAL FEES 100 10   90


TY 2023 TaxesSchedule
Name:
THE LOUIS & HAROLD PRICE FOUNDATION
EIN:
13-6121358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL 79,450      
WITHHOLDING 1,954 1,954    
STATE 356 356