Michael F. Price of MFP Investors passed away in 2022, but his legacy lives on through his giving. During his life, he established his own foundation to support worthy causes. The Price Family Foundation primarily gives for higher education, children’s services and hospitals.
According to the 990-PF for the fiscal year that ended in November 2023, which was filed in October 2024, The Price Family Foundation had $1.5 million in assets at the end of the year. Michael Price’s wife Jennifer donated $1.6 million in cash and $2.25 million in interest in MFP Partners.
Capital gains and losses
For tax on investment income, The Price Family Foundation recorded capital gains on several holdings...
