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History of the Price FoundationThe 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.
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. Harold Price In 1979, Harold established the Price Institute for Entrepreneurial Studies with the objective of furthering the understanding of the entrepreneurial process and stimulating MBA Programs and curricula development to encourage and support those students with entrepreneurial aspirations.
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The Louis and Harold Price Foundation, Inc.
10250 Constellation Blvd., Suite 2600
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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.