T Rowe Price Program for Charitable Giving Inc
The T Rowe Price Program for Charitable is a public charity based in Baltimore, Maryland, formed in 2000. It pools charitable contributions for collective investment and makes grants to charitable organizations.
T Rowe Price Program for Charitable Giving Inc at a glance
In short: T Rowe Price Program for Charitable Giving Inc gave $145.6M across 3,021 grants in 2026 (avg $48K), top state Maryland. 29% of 2026 grantees were new. Source: 2026 IRS Form 990.
- Annual giving (2026)
- $145,637,530
- +9.9% vs 2025
- Grants made (2026)
- 3,021
- +4.2% vs 2025
- Average grant
- $48,208
- +5.5% vs 2025
- Median grant
- $14,500
- Total assets
- $752,912,828
- +16.1% vs 2025
- New grantees (estimate)
- 29% first-time grantees (870 of 2,972, 2026)
- Primary geography
- Maryland (18% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to T Rowe Price Program for Charitable Giving Inc
- Contact
Mailing address: 1307 Point Street, Baltimore, MD 21231
Phone: (410) 345-3457
Website: https://programforgiving.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who T Rowe Price Program for Charitable Giving Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Cato Institute ($5.0M). Together the top 10 received $26.0M.
Organizations only. It also paid 1 grant to individuals ($84,000), which are not listed by name.
Grant Size Distribution
12,949 grants across all recorded years
The most common grant size was under $50K: 10,827 grants of 12,949 (84%).
Geographic Focus
Where this funder awards grants
The 2026 filing shows grant dollars distributed to recipients in multiple states. The largest reported state shares were Maryland (18%), New York (13%), the District of Columbia (8%), Virginia (6%), and California (5%).
Grant Distribution by State
Share of 2026 grant dollars across all 3,021 itemized grants.
States
Cities
Is T Rowe Price Program for Charitable Giving Inc open to new grantees?
29%
first-time grantees, 2026
In 2026, 870 of 2,972 grantees (29%) were first-time recipients. First grants averaged $30K; repeat grants $57K. How we count
Medians: $10K first-time, $17K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $52.9M (2021) to $145.6M (2026). In 2026 it made 3,021 grants totaling $145.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cato Institute Washington, DC | Multiple | $5,010,500 |
| Fidelity Investments Charitable Gift Fund Cincinnati, OH | Multiple | $3,264,706 |
| Vanguard Charitable Endowment Program Warwick, RI | Multiple | $2,783,978 |
| Informed Consent Action Network Austin, TX | Multiple | $2,604,000 |
| Tabor Academy Marion, MA | Multiple | $2,535,000 |
| Ethel Walker School Inc Simsbury, CT | Multiple | $2,100,000 |
| Mayo Clinic Rochester, MN | Multiple | $2,012,180 |
| Colgate University Treasurers Office Canajoharie, NY | Multiple | $2,012,000 |
| Bluepath Service Dogs Inc Cortlandt Manor, NY | Multiple | $2,000,000 |
| American University Washington, DC | Multiple | $1,632,350 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $752,912,828 | $241,178,122 | $159,965,350 | $145,637,530 | 3,021 | $52,171,436 |
| 2025 | $648,277,941 | $302,192,989 | $146,755,544 | $132,526,568 | 2,900 | $135,466,658 |
| 2024 | $600,203,915 | $139,901,499 | $115,035,876 | $101,833,361 | 2,479 | $14,943,119 |
| 2023 | $511,020,672 | $109,930,898 | $100,591,889 | $88,012,018 | 2,215 | $7,461,779 |
| 2022 | $536,433,677 | $181,299,725 | $109,979,704 | $96,672,024 | 2,334 | $30,266,339 |
| 2021 | $487,124,932 | $121,450,338 | $86,520,340 | $52,919,433 | 2,501 | $11,089,260 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s stated mission is to promote personal and corporate charitable giving. It also says it advances philanthropy education through its website, newsletters, and other printed materials.
Examples of grantees’ work include the Cato Institute’s advocacy for individual liberty, limited government, free markets, and peace; Mayo Clinic’s work in patient care, education, and research; and BluePath Service Dogs’ provision of autism service dogs. These are the grantees’ stated missions, not the program’s.
Grantmaking
The 2026 filing lists 3,021 grants totaling $145,637,530. Grant amounts ranged from $5,028 to $5,010,500, with a median of $14,500. Separately, the program’s statement on its 2025 filing reports that during the year it made nearly 65,500 grants to more than 15,000 charitable organizations.
The largest listed 2026 grants included $5,010,500 to the Cato Institute, $3,264,706 to Fidelity Investments Charitable Gift Fund, $2,783,978 to Vanguard Charitable Endowment Program, $2,604,000 to Informed Consent Action Network, and $2,535,000 to Tabor Academy. The filing describes these grants’ purposes as “multiple,” meaning a combination of endowment, general operating, and/or special-project support. Other listed recipients included Ethel Walker School ($2,100,000), Mayo Clinic ($2,012,180), Colgate University ($2,012,000), BluePath Service Dogs ($2,000,000), and American University ($1,632,350).
The program says it does not require grantees to submit reports. If it learns of misuse or diversion of grant funds, it says it will investigate and take appropriate action. The filing also describes arrangements with T. Rowe Price Associates and an affiliate to process contributions of marketable securities, deliver them to the program’s custodian, direct their sale subject to program supervision, and enter transaction information into the program’s database.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists Juliet A. Eurich, Mary J. Miller, David Wilson, Samuel Hoi, Erika Seth Davies, and Chioma V. Eluma as directors. It lists Christopher Aceto as a director as of June 25, 2025; Paige T. Davis as chairman until June 25, 2025; Daniel Tambellini as president; and Britton Nyce as treasurer and secretary.
T Rowe Price Program for Charitable Giving Inc is led by Daniel Tambellini, President on every filing since 2025; 5 of 14 officers listed in 2026 are compensated.
Officers on the 2026 filing
Daniel Tambellini
President
On filings since 2025
10 hrs/week
No compensation reported
Paige T. Davis
Chairman
Director → Chairman, 2022
On filings since 2021
0.6 hrs/week
No compensation reported
Juliet A. Eurich
Director
On filings since 2021
0.6 hrs/week
$3K (2021) → $3K (2026)
Mary J. Miller
Director
On filings since 2022
0.6 hrs/week
$3K (2023) → $3K (2026)
Samuel Hoi
Director
On filings since 2022
0.6 hrs/week
$3K (2023) → $3K (2026)
David Wilson
Director
On filings since 2024
0.6 hrs/week
$3K (2025) → $3K (2026)
Erika Seth Davies
Director
On filings since 2024
0.6 hrs/week
$3K (2024) → $3K (2026)
Chioma V. Eluma
Director
On filings since 2025
0.6 hrs/week
No compensation reported
Christopher Aceto
Director
New on the 2026 filing
0.6 hrs/week
No compensation reported
Cheryl L. Emory
Assistant Secretary
On filings since 2021
0.8 hrs/week
No compensation reported
Britton Nyce
Treasurer & Secretary
On filings since 2023
1 hr/week
No compensation reported
Melissa Warren
Secretary
On filings since 2023
0.8 hrs/week
No compensation reported
Kathyrn Reilly
Assistant Secretary
On filings since 2025
0.8 hrs/week
No compensation reported
April Gerasimowicz
Assistant Secretary
New on the 2026 filing
0.8 hrs/week
No compensation reported
Former officers (9)
- Former: John E. Brothers (2021–2025) — President
- Former: Medeaner Robinson (2024–2025) — Assistant Secretary
- Former: George L. Bunting Jr. (2021–2024) — Director
- Former: Dorothy C. Sawyer (2022–2024) — Director
- Former: Kathryn L. Reilly (2021–2023) — Assistant Secretary
- Former: Fagan Harris (2022–2023) — Director
- Former: James S. Riepe (2021–2022) — Director & Chair
- Former: Susanne Piccirillo Voelker (2021–2022) — Treasurer & Secretary
- Former: Virginia Connolly (2021) — Assistant Secretary
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $3K, to Juliet a Eurich (Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about T Rowe Price Program for Charitable Giving Inc
How much does T Rowe Price Program for Charitable Giving Inc give each year?
T Rowe Price Program for Charitable Giving Inc gave $145.6M across 3,021 grants in 2026, according to its 2026 IRS Form 990. In 2025 it gave $132.5M across 2,900 grants.
What is T Rowe Price Program for Charitable Giving Inc's typical grant size?
T Rowe Price Program for Charitable Giving Inc's median grant in 2026 was $14,500, and its average grant was $48,208, across 3,021 grants on its 2026 IRS Form 990. Organizations receiving their first grant from T Rowe Price Program for Charitable Giving Inc that year got $30K on average.
Where does T Rowe Price Program for Charitable Giving Inc give grants?
T Rowe Price Program for Charitable Giving Inc's top state is Maryland, with 18% of the grant dollars itemized on its 2026 IRS Form 990. The next largest states were New York (13%) and District of Columbia (8%). The most frequent recipient cities were Baltimore, MD (196 grants), Washington, DC (155 grants), New York, NY (143 grants) and Chicago, IL (44 grants).
Does T Rowe Price Program for Charitable Giving Inc give general operating support?
Not in 2026: none of the 3,021 grants with a stated purpose on T Rowe Price Program for Charitable Giving Inc's 2026 IRS Form 990 were described as general or operating support. Recurring purposes include "Multiple" (3021 grants).
Who are T Rowe Price Program for Charitable Giving Inc's largest grantees?
T Rowe Price Program for Charitable Giving Inc's largest 2026 grantees include Cato Institute ($5,010,500), Fidelity Investments Charitable Gift Fund ($3,264,706) and Vanguard Charitable Endowment Program ($2,783,978), according to its 2026 IRS Form 990. It also paid 1 grant to individuals ($84,000), which are not listed by name. Together they received 8% of its itemized 2026 grant dollars.
How large is T Rowe Price Program for Charitable Giving Inc?
T Rowe Price Program for Charitable Giving Inc reported $752.9M in total assets on its 2026 IRS Form 990. Its revenue that year was $241.2M.
What does T Rowe Price Program for Charitable Giving Inc fund?
The organization’s stated mission is to promote personal and corporate charitable giving. It also says it advances philanthropy education through its website, newsletters, and other printed materials. See mission & focus areas ↑
How do I apply for a grant from T Rowe Price Program for Charitable Giving Inc?
T Rowe Price Program for Charitable Giving Inc has no public application process in the sources Grantable reviewed. Check programforgiving.org for current guidelines, or contact the foundation directly before submitting a request.
What is T Rowe Price Program for Charitable Giving Inc's EIN?
T Rowe Price Program for Charitable Giving Inc's EIN (Employer Identification Number) is 31-1709466. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS January 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 20, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 13, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 12, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS July 14, 2025)
- Added Form 990 for fiscal year 2026 (received by the IRS July 14, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work T Rowe Price Program for Charitable Giving Inc funds
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Cite this profile
Grantable. (2026). T Rowe Price Program for Charitable Giving Inc funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/t-rowe-price-program-for-charitable-giving-inc-morg_356e239c3efa4f4a881172fae48fe60e
BibTeX
@misc{grantable_311709466_2026,
author = {{Grantable}},
title = {{T Rowe Price Program for Charitable Giving Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/t-rowe-price-program-for-charitable-giving-inc-morg_356e239c3efa4f4a881172fae48fe60e},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from T Rowe Price Program for Charitable Giving Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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