P3 Foundation Inc

Annual Giving
$0.0M
000

Quick Stats

  • Annual Giving: $15,000 (2023)
  • Success Rate: Not applicable (no public application)
  • Decision Time: Not applicable
  • Grant Range: Unknown
  • Geographic Focus: National (primarily university communities)
  • Application Method: No public application process

Contact Details

Website: https://p3inc.org/

No public contact information available for grant inquiries. This organization does not accept unsolicited grant applications.

Overview

P3 Foundation Inc was established in 2018 as a 501(c)(3) organization based in Denver, Colorado. With assets exceeding $100 million and annual revenue of $10.9 million (as of December 2022), P3 operates as a national nonprofit organization focused on public-private partnerships. The organization's primary activities involve developing and managing revenue-generating projects including student housing facilities at major universities (Franklin & Marshall College, Claremont Graduate University, University of Nebraska, and Johns Hopkins University School of Medicine) and recreational facilities such as a surf park in Virginia Beach, VA. Their stated business model is to direct excess cash flow from these operating projects to local charitable organizations. However, grant-making represents a minimal part of their activities, with only $15,000 distributed in 2023 to a single recipient, compared to $70,000 to four organizations in 2022.

Funding Priorities

Grant Programs

P3 Foundation Inc does not operate traditional grant programs. The organization makes discretionary grants as a byproduct of its operating activities rather than as its primary mission. There is no structured grant-making program, published guidelines, or application process.

Grant activity has been minimal:

  • 2023: $15,000 (1 award)
  • 2022: $70,000 (4 awards)
  • 2020: 4 awards (amount not specified)

Priority Areas

Based on their mission statement, P3 Foundation's charitable interests include:

  • Senior housing
  • Education
  • Healthcare facilities
  • Affordable housing
  • Community development
  • Lessening burdens of government

However, there is no public information about how these priorities translate to grant-making decisions.

What They Don't Fund

No information available.

Governance and Leadership

No information about trustees or key personnel is publicly available on their website or through standard nonprofit databases.

Application Process & Timeline

How to Apply

This funder does not have a public application process.

P3 Foundation Inc operates as an operating foundation, meaning they primarily conduct their own charitable projects through direct management of facilities and programs. The small amount of grants they distribute appear to be made at the discretion of the board of trustees, likely to organizations with existing relationships or connections to their operating projects.

Organizations cannot apply for funding from P3 Foundation Inc.

Getting on Their Radar

Specific information about how P3 Foundation identifies grant recipients is not available. The organization's model suggests that grants may flow to charitable organizations in the communities where they operate facilities (Lancaster, PA; Claremont, CA; Lincoln, NE; Baltimore, MD; and Virginia Beach, VA), particularly as their surf park project documentation mentions "excess cash flow from the project will primarily be donated to local charitable organizations."

Decision Timeline

Not applicable - no public application process.

Success Rates

Not applicable - no public application process.

Reapplication Policy

Not applicable - no public application process.

Application Success Factors

This section is not applicable as P3 Foundation Inc does not accept grant applications.

The organization operates its own charitable projects directly rather than functioning as a traditional grant-making foundation. The limited grants they make appear to be discretionary decisions by the board rather than competitive awards.

Key Takeaways for Grant Writers

  • Not a traditional grant-maker: P3 Foundation is an operating foundation that runs charitable projects directly; grant-making is incidental to their primary activities
  • No public access: There is no application process, published guidelines, or way for organizations to request funding
  • Minimal grant activity: Despite over $100M in assets and $10.9M in annual revenue, they distributed only $15,000 in grants in 2023
  • Operating model focus: The organization's resources are primarily invested in developing and managing student housing and recreational facilities through public-private partnerships
  • Geographic connection: Limited grant activity may be directed to communities where they operate facilities
  • Not recommended for pursuit: Grant writers should not invest time targeting this foundation as there is no pathway to submit proposals
  • Consider alternatives: Organizations seeking funding should look for traditional grant-making foundations with public application processes

References

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