Sponsor Donation Recommendations
DAFScore™ : 4.40
Rank : 4.40
AUM
$511.0M
Number of Accounts
4,131
Minimum Balance
$500
Initial Contribution Minimum
$5,000
Grant Minimum Amount
$100
Grant Timing
Within 1 Week
Investment Options
6 - 10
Administrative Fee
0 - 0.5%
Founded in 2000, T. Rowe Price Charitable is a national donor advised fund providing an efficient and effective means for initiating, investing, and distributing charitable gifts.
DAF Details
International Granting
Accepts Illiquid Contributions
Ability of 3rd Party Advisors
Political or Religious Affiliation
Sell Their Own Financial Products
Tax Requirements
Minimum Grant Frequency Requirement
Provides Anonymity if Requested
Transferability to Another Sponsor
No History of Security Breaches
Customer Service Resources & Quality of Service
Good
Online Access and Ease of Use
Good
More Information
Sponsor Organization
T. Rowe Price
Sponsor Donation Recommendations
None
International Granting
If you wish to support charitable work outside the U.S., there are two options available: 1.)Recommend a grant disbursement to a U.S. charity for their global work. 2.)Recommend a grant disbursement to a U.S. intermediary charity that will pass the funds on to the designated foreign charity.
Accepts Illiquid Contributions
Generally acceptable asset types include: cash, publicly traded stocks, mutual fund shares, bonds, real estate, LLC & LP interests, S-Corp stock, restricted stock, C-corp stock, & private equity. T. Rowe Charitable does NOT accept U.S. Savings Bonds, foreign-registered securities, or life insurance.
3rd Party Advisors
Donor-advisors may extend account rights to other individuals, such as financial advisors, family members, and associates.
Political or Religious Affiliation
T. Rowe Charitable is independent of any religious or political organizations.
Sell Their Own Financial Products
None
Tax Requirements
T. Rowe Charitable’s grantmaking policy requires that each fiscal year aggregate annual grant distributions equal to 5% of T. Rowe Price Charitable’s total assets (based on a five-year average).
Minimum Grant Frequency
A grant must be made at least every 5 years.
Overall Grant Restrictions
Private foundations and Type III non-functionally integrated supporting organizations designated under sections 501(c)(3) and 509(a)(3) of the Internal Revenue Code are not eligible to receive grants from T. Rowe Charitable.
Provides Anonymity
You may choose to gain recognition for your charitable giving or, if you prefer, grants can be made anonymously.
Investment Options
T. Rowe Charitable offers 9 investment pools, each with a specific risk/return objective. The pools are composed of no-load mutual funds managed by T. Rowe Price.
Transferability to Another Sponsor
Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.
History of Security Breaches
In 2016, an unspecified service provider that maintains records for T. Rowe Price inadvertently transmitted account information to another trusted third party to which the firm regularly sends account information for some clients. It was reported that the trusted third party destroyed the data and did not copy the data or disclose it to anyone else.
Administrative Fees
0.50% on the first $500,000; 0.39% on the next $500,000; 0.18% on the next $1.5 million; 0.12% on the next $2.5 million; 0.10% on the next $10 million; 0.09% on amounts $15 million & more
Customer Service
Dedicated team for support. • 1-800-690-0438 •Questions@trowepricecharitable.org
Online Access & Ease of Use
Online Platform
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