How It Works

T. Rowe Price Charitable makes it easy to support the causes you care about. Simply contribute, invest, and grant.

Open an Account
  1. Make a Contribution
  2. Invest
  3. Recommend a Grant
  4. FAQs
STEP 1

Make a Contribution

  • Start by making an irrevocable contribution of $5,000 or more in cash, long-term appreciated securities, or other noncash assets.
  • Contributions are eligible for an immediate tax deduction1 for the current year. 

 

How to Contribute Guide Asset Transfer Instructions

Generally Acceptable Asset Types

  • Publicly Traded Stocks
  • Mutual Funds
  • Bonds
  • Real Estate
  • LLC and LP Interests
  • S-Corp Stock, Restricted Stock, C-Corp Stock
  • Private Equity

Curious if you can contribute an asset type not listed here? Send us an email with the details so our team of specialists can review. 

1 Up to IRS limits of 30% of adjusted gross income (AGI) for gifts of long-term appreciated securities and up to 60% of AGI for gifts of cash.

STEP 2

Invest

  • While planning your giving strategy, your account is invested for potential growth and professionally managed by T. Rowe Price. 
  • There are 10 investment options to choose from, offering a range of choices based on your time horizon and risk tolerance. Click the button below for full details.
Investment Options

Investment Pool Options

  • Gift Preservation Pool
  • U.S. Bond Index Pool
  • Income Pool
  • Conservative Growth Pool
  • Moderate Growth Pool
  • Growth Pool
  • Aggressive Growth Pool
  • U.S. Equity Index Pool
  • International Equity Index Pool
  • Global Impact Equity Pool
Step 3

When You’re Ready, Recommend a Grant Disbursement

You can support the charities of your choice as soon as you establish your account or enjoy the convenience of giving to charity over time. You can even schedule repeatable grants to be disbursed on a monthly, quarterly, semiannual, or annual cadence. 

Grants of Almost Any Size

The minimum grant amount is just $100, and there is no limit on how many recommendations you can make. 

No Paperwork Required

Find, research, and recommend charities all through your account. You can review your granting history online at any time. 

A Wide Range of Charities

Make grant recomendations to qualified U.S. public charities, private operating foundations, religious organizations, and certain governmental entities. 

Frequently Asked Questions

Here are a few frequently asked questions related to contributions and grants.

View All FAQs
How will I receive a tax receipt for my contributions?

Receipt letters are generated each Monday for the prior week’s contributions.  Letters are archived to your account under the Letters/Statements tab for your convenient retrieval. Letters contain all necessary information required for reporting of your tax-deductible contribution to the IRS, including date of contribution, value, and asset description. Be sure to compare the receipts with your own records.

Consolidated receipt letters for all contributions made within the previous calendar year are also archived to your online account each January.
What are the tax-deductibility limits for contributions into my account?

Contributions to T. Rowe Price Charitable are fully deductible for the tax year in which they are made. Contributions of cash are deductible up to 60% of adjusted gross income (AGI).  Contributions of long-term appreciated securities are deductible up to 30% of AGI. Contributions over these limits can be carried forward for up to five years.

Grant distributions to charities from your giving account are NOT tax-deductible.  
Am I required to make a grant recommendation out of my account every year?

No. Each giving account is required to distribute a minimum of $100 every three years. We will contact you if your giving account has not met this distribution minimum.

A giving account will be considered orphaned if the account has not generated a grant disbursement for three years and T. Rowe Price Charitable’s attempts to contact have been unsuccessful for 60 days in either locating the donor-advisor(s) or causing the donor-advisors(s) to recommend a grant. If the account has a named successor, then the successor shall become the primary donor-advisor. If the account has named charitable beneficiary organizations, then funds shall be disbursed to those beneficiaries. 
How long will it take for my grant recommendation to be considered?

All grant recommendations are reviewed by our professional staff.

The length of the review process is contingent upon:

  • Thoroughness of information provided with the grant recommendation (federal tax ID number/EIN for charitable organization, mailing address, etc.).
  • Our previous experience with the charitable organization recommended.
  • The dollar amount of the recommended grant: Grant recommendations of $250,000 or more require the secondary staff approvals.

Donors can follow the status of their grant recommendation via their online account access. You will be contacted if a recommendation cannot be approved.

Copies of grant letters sent to charities are archived in your online giving account. 
What are the processing timeframes for end-of-year giving by gift type? 

Year-end is a busy time for T. Rowe Price Charitable. To ensure that transfers are received by the last business day of the year, we encourage donors to make transfers as early as possible. Our Asset Transfer Instructions document provides step-by-step instruction on how to contribute assets to your Charitable account. Below is a chart with suggested dates for contributions to be received by.

Type of Gift Timing
Transfer of securities from a T. Rowe Price account Received by December 31
Transfer of mutual funds and stocks from a brokerage account outside T. Rowe Price  Received by December 31
Transfer of mutual funds from an account outside T. Rowe Price* Received by December 15*
Transfer of stocks from a transfer agent* Received by November 15*
Gift of securities in certificate form In the mail by December 31
Check In the mail by December 31
Wire transfer of cash Received by December 31

*These gifts require T. Rowe Price Charitable to complete paperwork and initiate the transfer with the delivering firm. Additional time ahead of December 31 is required for T. Rowe Price Charitable to complete these steps. 

Maximize Your Charitable Impact

See how smart, tax-efficient giving can benefit you and the causes you care about.

View Benefits

Contact Us

By phone, email, and fax

1-800-564-1597 Questions@trowepricecharitable.org Fax: 1-800-619-9262

By mail

T. Rowe Price Charitable

P.O. Box 17115

Baltimore, MD 21297 - 1115

4254707