New York Attorney General Directs $4 Million Estate Settlement to Bronx Nonprofits

The funding follows a dispute over the estate of former Bronx resident Herman Price. For the city’s nonprofit sector, the case is a concrete example of how charitable-estate oversight can redirect private assets into local organizations.

The allocation structure

Each of the nine named nonprofits will receive $300,000, for a combined $2.7 million:

• Astor Services for Children and Families
• Bronx Children’s Museum
• Bronx Council on the Arts
• Bronx River Alliance
• Bronx Works
• Morris Heights Health Center
• New York Botanical Garden
• Part of the Solution
• Renaissance Youth Center

The remaining approximately $1.3 million will go to the Price Family Foundation. The foundation is expected to use those funds to make grants to charitable organizations in the Bronx. The announcement does not identify the future recipients or provide a grantmaking timetable.

The nine organizations span several operating categories, including social services, health care, arts and culture, environmental work, youth programming, and community institutions. The distribution therefore does not represent a single-program grant initiative. It creates a set of direct awards alongside a separate philanthropic channel.

Why the estate dispute matters

The Attorney General’s office said Price died in 2017 at age 96, leaving an estate valued at approximately $7.9 million. His will directed the estate to the “Price Foundation,” although no organization by that name existed. Price’s next of kin sought the full estate, while the Price Family Foundation argued that it was the intended recipient.

The Office of the Attorney General intervened in the litigation in its role as New York’s primary regulator of charitable bequests in estates and trusts. The settlement divides the estate among family members, the nine nonprofits, and the Price Family Foundation.

The reported distribution is:

• $3.5 million to Price’s next of kin
• $2.7 million to the nine Bronx nonprofits
• Approximately $1.3 million to the Price Family Foundation

The figures total approximately $7.5 million, while the estate was described as worth approximately $7.9 million. The announcement does not explain the difference. That gap should not be assigned to fees, taxes, administrative costs, or any other category without additional documentation.

What Bronx nonprofit data teams should track

The direct awards are identifiable. The foundation’s future grantmaking is not. That distinction matters for organizations building funding databases, prospect lists, or neighborhood-level resource maps.

The Attorney General’s announcement confirms the award amount for each of the nine organizations, but it does not specify whether the funds are restricted, when they will be disbursed, or how the recipients must report their use. Those fields should remain unpopulated until the organizations or the foundation publish supporting information.

For directory and sector-research purposes, the event creates three useful tracking points:

• Recipient record: Add the nine organizations to grant and institutional-funding profiles with an award amount of $300,000.
• Funding source record: Classify the direct awards as resulting from a settlement involving the Price estate and the Office of the Attorney General, rather than as a standard competitive foundation grant.
• Pipeline record: Track the Price Family Foundation separately for future Bronx grant announcements. Do not list unnamed beneficiaries as confirmed recipients.

The practical database queries are straightforward:

• Which of the nine organizations has published an announcement or filing confirming receipt?
• Does any recipient identify the funding as restricted to a specific program or expense category?
• When does the Price Family Foundation publish its next Bronx grant distribution?
• Which additional Bronx nonprofits appear in that future distribution, and at what amounts?

Until those records are available, the confirmed dataset consists of nine direct recipients, $2.7 million in identified nonprofit awards, and approximately $1.3 million assigned to a foundation for later charitable grants.