P3 FOUNDATION INC

As filed

Subsection

03

NTEE code

P20

Classification

1000

Street

200 QUEBEC ST BLDG 300-111

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• STUDENT HOUSING FACILITIES - LEASE AND MANAGEMENT OF STUDENT HOUSING CONSISTING OF RESIDENTIAL PROPERTIES LOCATED ON OR NEAR: 1)FRANKLIN & MARSHALL COLLEGE IN LANCASTER, PA, 2)CLAREMONT GRADUATE UNIVERSITY IN CLAREMONT, CA, 3)UNIVERSITY OF NEBRASKA IN LINCOLN, NE, AND 4) JOHNS HOPKINS UNIVERSITY SCHOOL OF MEDICINE IN BALTIMORE, MD.

  Expenses $21,212,268 · Revenue $17,621,610

• CONSTRUCTION AND OPERATION OF SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN VIRGINIA BEACH, VA. THE PROJECT INCLUDES THE CONSTRUCTION, DEVELOPMENT, EQUIPING, AND MAINTAINING A SURF PARK AND RELATED FACILITIES AS PART OF A LARGER, MIXED-USE PROJECT UNDER DEVELOPMENT BY THE CITY OF VIRGINIA BEACH, VA. EXCESS CASH FLOW FROM THE PROJECT WILL PRIMARILY BE DONATED TO LOCAL CHARITABLE ORGANIZATIONS.

  Expenses $4,355,582

• PROVIDING SERVICES, ACTIVITIES AND PROGRAMS DEDICATED TO FURTHERING COMMUNITY DEVELOPMENT, EDUCATION, AND LESSENING THE BURDENS OF GOVERNMENT.

  Expenses $230,442 · Grants $102,500 · Revenue $9,577

• OTHER PROJECTS IN CONSTRUCTION PHASE INCLUDE: HEALTHCARE: ACQUISITION AND CONSTRUCTION OF WELLNESS VILLAGE PROJECT HEALTH CARE FACILITY IN RIVERSIDE COUNTY,CA. THE PROJECT IS IN CONNECTION WITH THE RIVERSIDE UNIVERSITY HEALTH SYSTEM AND WILL OFFER OUTPATIENT AND RESIDENTIAL SERVICES FOR BEHAVIORAL HEALTH AND SUBSTANCE USE DISORDERS, PRIMARY HEALTHCARE, AND BEHAVIORAL HEALTH URGENT CARE. SENIOR LIVING: ACQUISITION AND CONSTRUCTION OF SENIOR LIVING FACILITY IN IRVINE, CA. THE PROJECT IS AN 8 STORY FACILITY OFFERING INDEPENDENT, ASSISTED LIVING, AND MEMORY CARE. CITY DEVELOPMENT PROJECT: CONSTRUCTION OF A STATE-OF-THE-ART WORKFORCE DEVELOPMENT CENTER IN BALTIMORE, MD THAT WILL BE HOME TO THE MAYOR'S OFFICE OF EMPLOYMENT DEVELOPMENT.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $39,643,717

  Expenses

  $29,633,130

  Contributions

  $9,850,000

  Grants paid

  $102,500

• 2023

  Revenue

  $16,090,838

  Expenses

  $16,143,759

  Contributions

  $4,200,656

  Grants paid

  $15,000

• 2022

  Revenue

  $10,891,827

  Expenses

  $14,280,861

  Contributions

  $0

  Grants paid

  $70,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $5,131,940

  Expenses

  $9,486,578

  Assets (EOY)

  $75,107,588

• 2020 · 990

  Revenue

  $3,313,490

  Expenses

  $3,824,552

  Assets (EOY)

  $77,767,451

• 2019 · 990

  Revenue

  $1,222,194

  Expenses

  $990,205

  Assets (EOY)

  $26,943,363

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2018

Tax period

1 January 2018 to 31 December 2018

Principal officer

Jeffrey Klein

Mailing address

525 North Tyron Street Suite 1600Charlotte NC 28202

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

• FUQUA SCHOOL THE RURAL EDUCATION FOUNDATION

  $21,000

  2022 · OPERATIONS

• HISTORIC WEST END PARTNERS

  $11,000

  2022 · OPERATIONS

• CITY OF REFUGE SACRAMENTO

  $10,000

  2023 · OPERATIONS

• HISTORIC WEST END PARTNERS

  $10,000

  2024 · OPERATIONS

• THE RELATIVES

  $10,000

  2024 · OPERATIONS

• HABITAT FOR HUMANITY

  $10,000

  2024 · OPERATIONS

• LONGWOOD UNIVERSITY TRUST

  $10,000

  2024 · OPERATIONS

• RUHS FOUNDATION

  $10,000

  2024 · OPERATIONS

• JLL FOUNDATION

  $10,000

  2024 · OPERATIONS

• JONNYCAKE CENTER

  $10,000

  2024 · OPERATIONS

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files