As a donor, you benefit from some of the lowest administrative fees among the largest national donor-advised funds. You can feel confident that T. Rowe Price Charitable is committed to keeping expenses low while delivering high-quality service.

Administrative Fee + Investment Fee = Total Annual Fee

Administrative Fee

T. Rowe Price Charitable assesses the annual fee on your account's assets to help cover operating and administrative expenses. The prorated assessment is made on a daily basis and is reflected in the net asset value of each investment pool. Thus, you will not see fees subtracted in your account activity. As an illustration, the annual administrative cost on a balance of $25,000 is $125 (0.50% x 25,000).

Account Balance Administrative Fee
First $500,000 0.50%
Next $500,000 0.39%
Next $1,500,000 0.18%
Next $2,500,000 0.12%
Next $10,000,000 0.10%
$15,000,000+ 0.09%

Please note: Accounts that are reduced to a zero balance through a grant recommendation(s) within the first six months from account inception will be assessed an administrative fee of $500 prior to awarding the final grant.

Investment Fee

Investment fees for the pools are the pro-rata share of the fees and expenses of the underlying funds in which the pool invests and generally range between 0.07% and 0.80% on an annualized basis, with April 1 serving as the beginning of the term. The pools are subject to investment changes at any time, and the annualized expense ratio may be lower or higher than the current pro-rata expense ratios of the underlying funds. Investment returns are net of expenses of the underlying mutual funds. As an illustration, the annual cost of $25,000 invested in a pool with an expense ratio of 0.39% is $98. Annualized expense ratios as of June 30, 2024, are as follows:

Pool Name Annualized Expense Ratio
Gift Preservation Pool 0..23%
U.S. Bond Index Pool 0.10%
Income Pool 0.47%
Conservative Growth Pool 0.47%
Moderate Growth Pool 0.16%
Growth Pool 0.54%
Aggressive Growth Pool 0.56%
U.S. Equity Index Pool 0.07%
International Equity Index Pool 0.27%
Global Impact Equity Pool 0.79%