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    1. Home
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    3. Price Foundation

    Price Foundation

    ActivePhilanthropy & Voluntarism
    LOUISVILLE, KY5022451353
    EIN (Tax ID): 20-3012911Latest Form 990:

    About Price Foundation

    The Price Foundation primarily funds evangelical Christian education, ministry training, and clergy support, making large, mission-oriented gifts to a small set of faith-based organizations. Grants are concentrated and repeat to institutions that run campus ministries, leadership formation programs, and pastoral care initiatives, with a noticeable local/regionally focused component tied to Louisville-area recipients.

    Focus Areas

    Christian collegiate education and campus ministry (e.g., Asbury University, university FCA chapters)Evangelical leadership formation and worldview training (e.g., Summit Ministries)Pastoral care and support services for clergyLocal/regional faith-based community ministries (Louisville-area mission partners)

    Who They Fund

    congregations/faith communitieschurch members/worshippersmission teams/missionaries

    Giving Approach

    Concentrated, high-dollar giving with multiple repeat grants to a small roster of faith-based grantees; funding is project/mission-oriented rather than broad-based, favoring institutional support over many small one-off grants.

    About Price Foundation

    Price Foundation Inc. gives large, repeated grants to a small circle of evangelical Christian organizations, with Asbury University and Summit Ministries among the clearest recurring recipients. The pattern is mission-oriented rather than broad-based: grants support Christian collegiate education, campus ministry, leadership formation, clergy care, and faith-based local ministries. In the recent grant list, the foundation returned to Asbury University across multiple years with gifts of $404,000 in 2023, $375,000 in 2024, and $375,000 in 2025, while Summit Ministries received $202,850 in 2023, $377,399 in 2024, and $400,700 in 2025. It also funded Care for Pastors in three consecutive years, indicating a steady interest in support for ministry leaders. The recipient mix includes university-based ministry work, evangelical training programs, and service organizations tied to worship, evangelism, and pastoral support. Several Kentucky recipients appear alongside national faith-based groups, showing a grantmaking profile that blends local relationships with wider evangelical networks. The overall picture is of a concentrated funder that makes substantial awards to organizations advancing Christian formation and ministry work.

    What Price Foundation Funds

    Christian collegiate education and campus ministry are central to the foundation’s giving. It awarded $404,000 in 2023, $375,000 in 2024, and $375,000 in 2025 to Asbury University for mission-related work, and also supported U of L Fca with $340,000 in 2024 and $100,000 in 2023. Evangelical worldview and leadership training is another visible area: Summit Ministries received $202,850 in 2023, $377,399 in 2024, and $400,700 in 2025 for worship support. The foundation also funds clergy care, including $290,000 in 2023, $250,547 in 2024, and $250,000 in 2025 to Care for Pastors. Local faith-based ministry appears in gifts such as $183,118 in 2025 and $150,000 in 2024 to Love City Inc in Louisville.

    How Price Foundation Gives

    Typical grants cluster at a median of $45,500, with a lower quartile of $5,500 and an upper quartile of $125,000. The recent record shows repeated awards to the same organizations over multiple years, especially in ministry training, campus work, and clergy support. That repeat pattern suggests relationship-based funding rather than one-time awards. The foundation is a private philanthropic entity with annual grants of $4,901,774 and total assets of $12,350,404, and it does not fund individuals or make program-related investments. The grant pattern also shows a mix of mid-sized operating support and larger mission-specific awards.

    Financial Snapshot

    Annual Giving

    $2M

    Total Assets

    $11.5M

    Total Revenue

    $1.5M

    Total Expenses

    $2.3M

    Typical Grant Size

    Most grants fall between $6K and $125K, with a median of $46K.

    25th Percentile

    $6K

    Median

    $46K

    75th Percentile

    $125K

    Geographic Reach

    Regional6 states funded
    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    2026
    Total assets: $11.5M
    4 filings on record
    Find their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders

    Funding Style

    program/project (worship-specific) fundingrestricted/-earmarked support for worship activitiesdirect service through religious programming

    Notable grantees: Asbury University, Summit Ministries, Care for Pastors, University of Louisville FCA, Love City Inc

    Topics

    worship services and liturgical supportmission work and outreach activitiescongregational worship infrastructure (music, supplies, facilities)pastoral/clergy support for worship deliveryreligious programming and spiritual formation

    Where Price Foundation Makes Grants

    Grantmaking is heavily centered in Kentucky, which accounts for 60% of grants and is the top state by grant count. Louisville appears frequently, including awards to Love City Inc, St John Center, Crossroads Missions, and Go Ministries. Other Kentucky recipients include Wilmore, Shelbyville, Lexington, and Benton. Outside Kentucky, the foundation gives to organizations in Manitou Springs, Indianapolis, Kansas City, Leesburg, and Orlando, but every recent grant in the dataset goes to a U.S. recipient.

    Frequently Asked Questions About Price Foundation

    What kinds of organizations does Price Foundation Inc support?

    Its recent grants focus on evangelical Christian education, campus ministry, ministry training, pastoral care, and local faith-based service. Examples in the record include university-based ministry work, leadership formation programs, and organizations supporting clergy and mission activity.

    Does Price Foundation Inc give repeated grants to the same organizations?

    Yes. The record shows multi-year support to several recipients, including Asbury University across 2023, 2024, and 2025; Summit Ministries across the same three years; and Care for Pastors in 2023, 2024, and 2025.

    What is a typical grant size from Price Foundation Inc?

    The grant-size distribution centers on a median of $45,500, with a lower quartile of $5,500 and an upper quartile of $125,000. Recent awards range from smaller gifts in the tens of thousands to large mission-oriented grants above $400,000.

    Where do most of Price Foundation Inc's grants go?

    Kentucky is the top state by grant count, and 60% of grants go to recipients in Kentucky. Louisville shows up often among recipient cities, alongside Wilmore, Shelbyville, Lexington, and Benton.

    Latest 990 Filing

    2026

    Source: IRS Form 990-PF, fiscal year 2026.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SUMMIT MINISTRIESMANITOU SPRINGS, CO$500,0002026WORSHIP SUPPORT
    LOVE CITY INCLOUISVILLE, KY$458,3362026MISSION
    ASBURY UNIVERSITYWILMORE, KY$400,0002026MISSION
    GO MINISTIRESLOUISVILLE, KY$250,0002026MISSION
    CARE FOR PASTORSLEESBRUG, FL$250,0002026MISSION
    PREBORNINDIANAPOLIS, IN$150,0002026EVANGELISM
    SCARLET HOPELOUISVILLE, KY$5,0002026MISSION
    REDEMPTION CHRISTIAN CHURCHJASPER, IN$5,0002026MISSION
    SUMMIT MINISTRIESMANITOU SPRINGS, CO$400,7002025WORSHIP SUPPORT
    ASBURY UNIVERSITYWILMORE, KY$375,0002025MISSION
    CARE FOR PASTORSLEESBRUG, FL$250,0002025MISSION
    LOVE CITY INCLOUISVILLE, KY$183,1182025MISSION
    PREBORNINDIANAPOLIS, IN$125,0002025EVANGELISM
    AWAKE MINISTRIESSHELBYVILLE, KY$65,0002025MISSION
    CROSSROADS MISSIONSLOUISVILLE, KY$50,0002025MISSION
    COMISSION ENCOUNTERBARDSTOWN, KY$8,0002025MISSION
    REDEMPTION CHRISTIAN CHURCHJASPER, IN$5,0002025MISSION
    CHRISTIAN STUDENT FELLOWSHIPLEXINGTON, KY$5,0002025MISSION
    COMMUNITY CATHOLIC CENTERLOUISVILLE, KY$5,0002025MISSION
    IGNITE THE VILLELOUISVILLE, KY$1,6602025MISSION
    SUMMIT MINISTRIESMANITOU SPRINGS, CO$377,3992024WORSHIP SUPPORT
    ASBURY UNIVERSITYWILMORE, KY$375,0002024MISSION
    U OF L FCAKANSAS CITY, MO$340,0002024MISSION
    CARE FOR PASTORSLEESBRUG, FL$250,5472024MISSION
    LOVE CITY INCLOUISVILLE, KY$150,0002024MISSION
    PREBORNINDIANAPOLIS, IN$125,0002024EVANGELISM
    AWAKE MINISTRIESSHELBYVILLE, KY$65,0002024MISSION
    THE FAMILY FOUNDATIONLEXINGTON, KY$50,0002024MISSION
    CROSSROADS MISSIONSLOUISVILLE, KY$50,0002024MISSION
    GO MINISTRIESLOUISVILLE, KY$50,0002024MISSION
    CRU ORGORLANDO, FL$35,0002024MISSION
    WORLD MISSIONS & EVANGELISMBENTON, KY$30,0002024MISSION
    YOUNG LIFECOLORADO SPRINGS, CO$15,0002024MISSION
    FOCUS ON THE FAMILYCOLORADO SPRINGS, CO$10,0002024MISSION
    CHRISTIAN STUDENT FELLOWSHIPLEXINGTON, KY$7,0002024MISSION
    GATE OF HOPELOUISVILLE, KY$5,0002024MISSION
    REDEMPTION CHRISTIAN CHURCHJASPER, IN$4,0002024MISSION
    COMISSION ENCOUNTERBARDSTOWN, KY$4,0002024MISSION
    BARREN HEIGHTSLOUISVILLE, KY$2,5002024MISSION
    APRON INCLOUISVILLE, KY$1,0002024MISSION
    SCARLET HOPELOUISVILLE, KY$4002024EVANGELISM
    ASBURY UNIVERSITYWILMORE, KY$404,0002023MISSION
    CARE FOR PASTORSLEESBRUG, FL$290,0002023MISSION
    SUMMIT MINISTRIESMANITOU SPRINGS, CO$202,8502023WORSHIP SUPPORT
    PRE-BORNINDIANAPOLIS, IN$110,0002023EVANGELISM
    ST JOHN CENTERLOUISVILLE, KY$100,0002023MISSION
    U OF L FCAKANSAS CITY, MO$100,0002023MISSION
    AWAKE MINISTRIESSHELBYVILLE, KY$75,0002023MISSION WORK
    CROSSROADS MISSIONSLOUISVILLE, KY$50,0002023MISSION
    CRU ORGORLANDO, FL$41,0002023MISSION

    SUMMIT MINISTRIES

    $500,000
    MANITOU SPRINGS, CO2026

    WORSHIP SUPPORT

    LOVE CITY INC

    $458,336
    LOUISVILLE, KY2026

    MISSION

    ASBURY UNIVERSITY

    $400,000
    WILMORE, KY2026

    MISSION

    GO MINISTIRES

    $250,000
    LOUISVILLE, KY2026

    MISSION

    CARE FOR PASTORS

    $250,000
    LEESBRUG, FL2026

    MISSION

    PREBORN

    $150,000
    INDIANAPOLIS, IN2026

    EVANGELISM

    SCARLET HOPE

    $5,000
    LOUISVILLE, KY2026

    MISSION

    REDEMPTION CHRISTIAN CHURCH

    $5,000
    JASPER, IN2026

    MISSION

    SUMMIT MINISTRIES

    $400,700
    MANITOU SPRINGS, CO2025

    WORSHIP SUPPORT

    ASBURY UNIVERSITY

    $375,000
    WILMORE, KY2025

    MISSION

    CARE FOR PASTORS

    $250,000
    LEESBRUG, FL2025

    MISSION

    LOVE CITY INC

    $183,118
    LOUISVILLE, KY2025

    MISSION

    PREBORN

    $125,000
    INDIANAPOLIS, IN2025

    EVANGELISM

    AWAKE MINISTRIES

    $65,000
    SHELBYVILLE, KY2025

    MISSION

    CROSSROADS MISSIONS

    $50,000
    LOUISVILLE, KY2025

    MISSION

    COMISSION ENCOUNTER

    $8,000
    BARDSTOWN, KY2025

    MISSION

    REDEMPTION CHRISTIAN CHURCH

    $5,000
    JASPER, IN2025

    MISSION

    CHRISTIAN STUDENT FELLOWSHIP

    $5,000
    LEXINGTON, KY2025

    MISSION

    COMMUNITY CATHOLIC CENTER

    $5,000
    LOUISVILLE, KY2025

    MISSION

    IGNITE THE VILLE

    $1,660
    LOUISVILLE, KY2025

    MISSION

    SUMMIT MINISTRIES

    $377,399
    MANITOU SPRINGS, CO2024

    WORSHIP SUPPORT

    ASBURY UNIVERSITY

    $375,000
    WILMORE, KY2024

    MISSION

    U OF L FCA

    $340,000
    KANSAS CITY, MO2024

    MISSION

    CARE FOR PASTORS

    $250,547
    LEESBRUG, FL2024

    MISSION

    LOVE CITY INC

    $150,000
    LOUISVILLE, KY2024

    MISSION

    PREBORN

    $125,000
    INDIANAPOLIS, IN2024

    EVANGELISM

    AWAKE MINISTRIES

    $65,000
    SHELBYVILLE, KY2024

    MISSION

    THE FAMILY FOUNDATION

    $50,000
    LEXINGTON, KY2024

    MISSION

    CROSSROADS MISSIONS

    $50,000
    LOUISVILLE, KY2024

    MISSION

    GO MINISTRIES

    $50,000
    LOUISVILLE, KY2024

    MISSION

    CRU ORG

    $35,000
    ORLANDO, FL2024

    MISSION

    WORLD MISSIONS & EVANGELISM

    $30,000
    BENTON, KY2024

    MISSION

    YOUNG LIFE

    $15,000
    COLORADO SPRINGS, CO2024

    MISSION

    FOCUS ON THE FAMILY

    $10,000
    COLORADO SPRINGS, CO2024

    MISSION

    CHRISTIAN STUDENT FELLOWSHIP

    $7,000
    LEXINGTON, KY2024

    MISSION

    GATE OF HOPE

    $5,000
    LOUISVILLE, KY2024

    MISSION

    REDEMPTION CHRISTIAN CHURCH

    $4,000
    JASPER, IN2024

    MISSION

    COMISSION ENCOUNTER

    $4,000
    BARDSTOWN, KY2024

    MISSION

    BARREN HEIGHTS

    $2,500
    LOUISVILLE, KY2024

    MISSION

    APRON INC

    $1,000
    LOUISVILLE, KY2024

    MISSION

    SCARLET HOPE

    $400
    LOUISVILLE, KY2024

    EVANGELISM

    ASBURY UNIVERSITY

    $404,000
    WILMORE, KY2023

    MISSION

    CARE FOR PASTORS

    $290,000
    LEESBRUG, FL2023

    MISSION

    SUMMIT MINISTRIES

    $202,850
    MANITOU SPRINGS, CO2023

    WORSHIP SUPPORT

    PRE-BORN

    $110,000
    INDIANAPOLIS, IN2023

    EVANGELISM

    ST JOHN CENTER

    $100,000
    LOUISVILLE, KY2023

    MISSION

    U OF L FCA

    $100,000
    KANSAS CITY, MO2023

    MISSION

    AWAKE MINISTRIES

    $75,000
    SHELBYVILLE, KY2023

    MISSION WORK

    CROSSROADS MISSIONS

    $50,000
    LOUISVILLE, KY2023

    MISSION

    CRU ORG

    $41,000
    ORLANDO, FL2023

    MISSION