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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PRICE ENTERPRISES, INC.
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(Name of Issuer)
8-3/4% Series A Cumulative Redeemable Preferred Stock
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(Title of Class of Securities)
741444 301
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(CUSIP Number)
September 17, 1998
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Date of event which requires filing of this statement
Check the appropriate box to designate the
rule pursuant to which this schedule is filed
/ / Rule 13d - 1(b)
/X/ Rule 13d - 1(c)
/ / Rule 13d - 1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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CUSIP No. 02926T 10 3 13G Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
The San Diego Foundation I.R.S. #95-2942582
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,400,000
BENEFICIALLY ------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH N/A
REPORTING ------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,400,000
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8 SHARED DISPOSITIVE POWER
N/A
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,400,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9 %
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
2
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ITEM 1(a)
Name of Issuer:
Price Enterprises, Inc.
ITEM 1(b)
Address of Issuer's Principal Executive Offices:
4649 Morena Blvd.
San Diego, CA 92117
ITEM 2(a)-(c)
Name, Address and Citizenship of Person Filing:
The San Diego Foundation
1420 Kettner Blvd., Suite 500
San Diego, CA 92101
A California corporation
ITEM 2(d)
Title of Class of Securities:
8-3/4% Series A Cumulative Redeemable Preferred Stock
ITEM 2(e)
CUSIP Number:
741444 301
ITEM 3
Type of Person:
Not Applicable.
ITEM 4
Ownership:
(a) Amount beneficially owned: 1,400,000
(b) Percent of class: 5.9
(c) Number of shares as to which the person has:
(i) sole power to vote or direct the vote: 1,400,000
(ii) shared power to vote or direct the vote: N/A
(iii) sole power to dispose or to direct the disposition of 1,400,000
(iv) shared power to dispose or to direct the disposition of N/A.
ITEM 5
Ownership of Five Percent or Less of a Class:
Not Applicable.
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ITEM 6
Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
ITEM 7
Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company:
Not Applicable.
ITEM 8
Identification and Classification of Members of the Group:
Not Applicable.
ITEM 9
Notice of Dissolution of Group:
Not Applicable.
ITEM 10
Certification:
(a) Not Applicable.
(b) By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that effect.
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: September ___, 1998.
THE SAN DIEGO FOUNDATION
By: /s/ Robert Kelly
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Name: Robert Kelly,
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Title: President and Chief Executive Officer
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By: /s/ Jerry Ray
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Name: Jerry Ray
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Title: Director, Administration and Finance
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