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Herschel C Price Educational Foundation is a private trust based in HUNTINGTON, WV. The foundation received its IRS ruling in 1976. It holds total assets of $3.1M. Annual income is reported at $1.4M. The foundation is governed by 2 officers and trustees. Scholarships 44 recipients. Tax records are available from 2021 to 2024. Grantmaking is concentrated in West Virginia. According to available records, Herschel C Price Educational Foundation has made 18 grants totaling $1.6M, with a median grant of $13K. The foundation has distributed between $280K and $721K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $721K distributed across 8 grants. Individual grants have ranged from $2K to $358K, with an average award of $135K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Herschel C Price Educational Foundation reported 12 individual grants totaling $1.6 million between 2021 and 2024 across its IRS Form 990-PF filings, with a median grant of $13,250. Half of those grants fell between $1,500 and $292,750. Its largest single grant in the record was $357,500. Its most recent available filing, for fiscal year 2023, reports $387,449 in total giving.
Grantmaking is concentrated in WV, which received 12 of the 12 grants on record (100 percent). Of its 4 distinct grantees, 75 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were The Marshall University Foundation ($25,000), Big Green Scholarship Foundation ($6,000) and The Cairo Alumni Scholarship Fund ($3,000).
Computed from 12 individual grant records (2021–2024) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$2K
Median Grant
$25K
Average Grant
$97K
Largest Grant
$265K
Based on 3 grants from the most recent 990-PF filing.
Scholarships 47 recipients
Expenses: $265K
Scholarships 44 recipients. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in WV.
Herschel C Price Educational Foundation has distributed a total of $1.6M across 18 grants. The median grant size is $13K, with an average of $135K. Individual grants have ranged from $2K to $358K.
The application deadline is FALL TERM - APRIL 1, SPRING TERM - OCTOBER 1.
Herschel C Price Educational Foundation is headquartered in HUNTINGTON, WV.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonna Hughes | TRUSTEE | $19K | $0 | $19K |
| Chandos Peak | TRUSTEE | $7K | $0 | $7K |
Total Giving
$387K
Total Assets
$3M
Fair Market Value
$5.5M
Net Worth
$3M
Grants Paid
$333K
Contributions
N/A
Net Investment Income
$306K
Distribution Amount
$258K
Total: $3M
Total Grants
18
Total Giving
$1.6M
Average Grant
$135K
Median Grant
$13K
Unique Recipients
4
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleSCHOLARSHIPS | Various, WV | $331K | 2024 |
| Big Green Scholarship FoundationSCHOLARSHIPFUND | Huntington, WV | $2K | 2024 |
| The Marshall University FoundationSCHOLARSHIP FUND | Huntington, WV | — | 2024 |
| The Cairo Alumni Scholarship FundSCHOLARSHIPFUND | Cairo, WV | — | 2024 |