T Rowe Price Foundation

Organization Overview

T Rowe Price Foundation is located in Baltimore, MD. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. T Rowe Price Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, T Rowe Price Foundation generated $23.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $15.4m during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, T Rowe Price Foundation has awarded 486 individual grants totaling $25,798,135. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $15,189,177
Interest on Savings $6,119
Dividends & Interest $1,495,226
Net Rental Income$0
Net Gain on Sale of Assets $6,645,256
Capital Gain Net Income $10,750,338
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $23,335,778

Grants Awarded

Over the last fiscal year, T Rowe Price Foundation has awarded $14,236,184 in support to 240 organizations.

Grant RecipientAmount

AMERICAN ONLINE GIVING FOUNDATION (AOGF)

PURPOSE: MULTIPLE PURPOSES

$6,926,684

THE FINANCIAL CLINIC

PURPOSE: FINANCIAL WELL-BEING

$475,000

CASH CAMPAIGN OF MARYLAND INC

PURPOSE: FINANCIAL WELL-BEING

$430,000

BALTIMORE CORPS

PURPOSE: FINANCIAL WELL-BEING

$420,000

FUND FOR EDUCATIONAL EXCELLENCE INC

PURPOSE: YOUTH OPPORTUNITY

$228,500

Chelsea, MA

PURPOSE: FINANCIAL WELL-BEING

$200,000
View Grant Profile

Peer Organizations

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