TY 2022 IRS 990 e-File Render
Name:
PRICE PHILANTHROPIES FOUNDATION
EIN:
46-5129465
Identifier Return Reference Explanation
ASSET MANAGEMENT FEES PART I, LINE 16C 1(A)(4): DURING THE REPORTING PERIOD, THE ORGANIZATION PAID MANAGEMENT FEES TO THE PRICE GROUP, LLC. CERTAIN MEMBERS OF THE PRICE GROUP, LLC ARE ALSO DIRECTORS AND OFFICERS OF THE ORGANIZATION. NO COMPENSATION IS PAID DIRECTLY FROM THE ORGANIZATION TO THE MEMBERS OF THE PRICE GROUP, LLC.INSTEAD, CERTAIN MEMBERS ARE COMPENSATED FROM THE LLC. THE MANAGEMENT SERVICES RENDERED TO THE ORGANIZATION WERE MADE ON A BASIS NO MORE FAVORABLE THAN THAT ON WHICH SUCH SERVICES ARE PROVIDED IN THE MARKET PLACE.SEE IRC SECTION 4941(D)(2)(D).
SUMMARY OF DIRECT CHARITABLE ACTIVITIES PART VIII-A THE CITY HEIGHTS REAL ESTATE PROGRAM PROVIDES A SAFE, CLEAN, AND AFFORDABLE LIVING AND WORK ENVIRONMENT THROUGH THE ACQUISITION AND CONSTRUCTION OF SEVERAL REAL ESTATE PROJECTS IN THE CITY HEIGHTS AREA OF THE CITY OF SAN DIEGO, CA. SUCH PROJECTS INCLUDE THE CONSTRUCTION AND MANAGEMENT OF: A 116 UNIT APARTMENT COMPLEX; A SIX-STORY (119,000 SQ FOOT) OFFICE BUILDING; A MIXED-USE RESIDENTIAL (92 UNITS) AND RETAIL (20,000 SQ FOOT) PROJECT; AND VARIOUS PARCELS OF LAND HELD FOR FUTURE PROJECTS. THE APRENDER Y CRECER PROGRAM PROVIDES SCHOOL SUPPLIES TO STUDENTS AND TEACHERS AND CLEANING SUPPLIES TO SCHOOLS IN VARIOUS CITIES IN CENTRAL AMERICA.THE CITY HEIGHTS INITIATIVE IS A PARTNERSHIP BETWEEN PRICE PHILANTHROPIES FOUNDATION AND PUBLIC AND NON-PROFIT AGENCIES IN THE CITY HEIGHTS AREA OF SAN DIEGO, CALIFORNIA TO PROVIDE OPPORTUNITIES FOR CITY HEIGHTS YOUTH AND FAMILIES TO PROSPER. THE INITIATIVE TAKES A HOLISTIC APPROACH TO IMPROVING RESIDENTS OF CITY HEIGHTS QUALITY OF LIFE THROUGH ACCESS TO HEALTH AND SOCIAL SERVICES, QUALITY EDUCATION, JOBS, LEGAL REPRESENTATION AND SAFE NEIGHBORHOODS.CARDINALS INTERACT IS A MENTORING AND TUTORING PROGRAM RUN BY PRICE PHILANTHROPIES FOUNDATION FOR STUDENTS AT HOOVER HIGH SCHOOL IN SAN DIEGO, CALIFORNIA. ITS MISSION IS TO HELP STUDENTS REACH THEIR MAXIMUM POTENTIAL ACADEMICALLY AND PERSONALLY AND ASSIST THEM IN DEVELOPING SKILLS IN THEAREAS OF TEAMWORK, SELF-ESTEEM, DECISION MAKING AND COMMUNICATION.THE EXPENSES LISTED IN THE SUMMARY OF DIRECT CHARITABLE ACTIVITIES (PART VIII-A) INCLUDE ALL EXPENSES RELATED TO THE PROGRAMS LISTED, INCLUDING SALARIES AND BENEFITS.