The Price Foundation was established in 1951 through the generosity of Mr. Louis Price and his son, Mr. Harold Price. Louis was a founding partner of the Joe Lowe Corporation, a bakery and ice cream supply business famous for the promotion of the Popsicle. Harold followed his father's footsteps by joining the Joe Lowe Corporation in 1928 upon graduation from the University of Pennsylvania Wharton School of Business where he obtained a B.S. degree in Economics. From his original position of purchasing agent at the Joe Lowe Corporation, Harold rose through the ranks to the position of Executive Vice President. As Executive Vice President, Harold was responsible for the successful merger in 1965 of the Joe Lowe Corporation with Consolidated Foods Corporation, now known as Sara Lee Corporation.
Through shareholdings in Sara Lee Corporation, Louis and Harold generously funded their foundation and guided its existence for many years as respective Presidents. Since its inception, The Louis and Harold Price Foundation has distributed millions of dollars to U.S. based charities in the areas of community welfare, health, and education, as well as support of programs in Israel.
Our Foundation is managed by a dedicated Board of Trustees which includes family and non-family members.
Dr. Al Osborne, Jr., Founder of the Harold and Pauline Price Center for Entrepreneurial Studies at UCLA, with our President, Ms. Bonnie Vitti
Dr. Al Osborne, Jr. with Mr. Harold Price
Harold & Pauline Price guided the foundation for many of its early years
Mr. Louis Price
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