| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
AARON PRICE FELLOWS FOUNDATION |
7777 FAY AVENUE SUITE 300 LA JOLLA,CA92037 |
2018-02-01 | 25,000,000 | THE CAPITAL ENDOWMENT GRANT MUST BE EXPENDED FOR CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES AS DEFINED UNDER INTERNAL REVENUE CODE 501(C)(3), AND MORE SPECIFICALLY LIMITED TO SUPPORT AND OPERATE THE AARON PRICE FELLOWS PROGRAM. THE PROGRAM PREPARES HIGHLY MOTIVATED AND DIVERSE SAN DIEGO, CALIFORNIA, PUBLIC HIGH SCHOOL STUDENTS TO BE RESPONSIBLE, ENGAGED, AND CARING MEMBERS OF THEIR COMMUNITY BY FOSTERING FRIENDSHIPS BETWEEN FELLOWS FROM DIVERSE ETHNIC, RELIGIOUS, AND ECONOMIC BACKGROUNDS; TEACHING FELLOWS ABOUT GOVERNMENT, CULTURAL, BUSINESS, AND NON-PROFIT INSTITUTIONS; AND EXPOSING FELLOWS TO EXCITING CAREER OPPORTUNITIES. ANY FUNDS NOT SO EXPENDED OR MAINTAINED AS AN ENDOWMENT FOR THE BENEFIT OF THE AARON PRICE FELLOWS PROGRAM MUST BE RETURNED TO PRICE PHILANTHROPIES FOUNDATION. AS OF DECEMBER 31, 2022, $5,062,526 OF THE ORIGINAL GRANT OF $25,000,000 HAS BEEN EXPENDED, AND $1,140,482 OF THIS AMOUNT IS ATTRIBUTABLE TO THE CURRENT REPORTING PERIOD. | 1,140,482 | 01/30/23 | 2023-01-30 | THE BOARD OF DIRECTORS OF THE PRICE PHILANTHROPIES FOUNDATION RECEIVED A REPORT FROM THE BOARD OF DIRECTORS OF THE AARON PRICE FELLOWS FOUNDATION DATED JANUARY 30, 2023 AS VERIFICATION OF THE ACTIVITIES OF THE AARON PRICE FELLOWS FOUNDATION. |