About Sol Price
In November 2011, Price Philanthropies made an extraordinary $50 million gift to the USC Sol Price School of Public Policy to honor the life and legacy of Sol Price, founder of Price Club. This gift also launched the USC Price Center for Social Innovation. The gift reflected a remarkable alignment between Sol Price’s life and legacy, the Price School’s mission, and the work of the Price Center for Social Innovation.
Sol Price, founder of Price Club, possessed a deep understanding of the interplay between the public sector, private industry, and nonprofit organizations to improve the quality of life for individuals and communities. His legacy includes support for public policies aimed at poverty reduction, the role of nonprofit organizations in social services, access to a quality education and health care, and community improvement. For over twenty years, Price Philanthropies, established by Sol and Robert Price, has helped transform the low-income neighborhood of City Heights in San Diego through a holistic, place-based approach to urban revitalization. For this reason, City Heights is a core component of the Price Center’s research and educational activities.