T. Rowe Price Foundation Grants
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
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Required status
- 501(c)(3) tax-exempt status
- Our funding primarily supports organizations in Baltimore as well as in Colorado Springs, San Francisco and New York that have an approved nonprofit status [Internal Revenue Service 501(c)(3) sections 509(a)(1), 509(a)(2) and qualifying 509(a)(3) supporting organizations] or that are fiscally…
- Rowe Price Foundation support qualified nonprofits (and organizations fiscally sponsored by nonprofits) that serve specific geographic areas:Baltimore, MDColorado Springs, COSan Francisco, CANew York, NY
Other requirements
- Grants from the T.
Overview
The T. Rowe Price Foundation, established in 1981, primarily supports nonprofit organizations in Baltimore, Colorado Springs, San Francisco, and New York. While most grants are by invitation, unsolicited proposals are also considered. The foundation emphasizes community engagement, collaboration, and unrestricted funding to enhance the operational capacity of nonprofits, enabling them to address critical social issues effectively. With over $194 million in grants awarded, it focuses on fostering strong leaders and equitable solutions in the communities it serves.
NOTE: The majority of our grants are by invitation only. On occasion, we review unsolicited grant proposals. For organizations new to T. Rowe Price, we strongly recommend first connecting through our robust Capacity Building Program.
Background
We support the growth of strong nonprofit leaders, organizations, and nonprofit networks.
The T. Rowe Price Foundation was founded in 1981 and has since given over $194M USD in direct grants and matching gift contributions.
Through our community investments, we support the advancement of community leaders, community organizations, and community networks.
For most grants, our team will approach an organization directly to invite them to submit a grant proposal. Throughout the year we also review unsolicited grant proposals that align to our giving areas. Our grants are unrestricted for general operating purposes to help expand an organizations’ mission and ability to do their important work. Our funding primarily supports organizations in Baltimore as well as in Colorado Springs, San Francisco, and New York that have an approved nonprofit status.
Eligibility
Our funding primarily supports organizations in Baltimore as well as in Colorado Springs, San Francisco and New York that have an approved nonprofit status [Internal Revenue Service 501(c)(3) sections 509(a)(1), 509(a)(2) and qualifying 509(a)(3) supporting organizations] or that are fiscally sponsored by a 501(c)(3) public charity. Grants from the T. Rowe Price Foundation support qualified nonprofits (and organizations fiscally sponsored by nonprofits) that serve specific geographic areas:Baltimore, MDColorado Springs, COSan Francisco, CANew York, NY
What T Rowe Price Foundation actually gave
Source: IRS Form 990-PF, 2024
- Grants in 2024
- 249
- Total given
- $11.73M
- Median grant
- $15K
- Range
- $1,000–$5.52M
- By dollars: Delaware 47%, Maryland 38%, New York 7%. Top recipient cities: Baltimore, MD; Colorado Springs, CO; New York, NY.
- 0% of grants with a stated purpose were for general or operating support.
- 17% of recipients were new grantees, not repeat recipients.
Example grants
American Online Giving Foundation (Aogf) · Newark, DE
Multiple purposes
$5.52M
Waterfront Partnership of Baltimore Inc · Baltimore, MD
Creativity and innovation
$370K
University of Colorado Foundation · Colorado Springs, CO
Youth opportunity
$207K
Coppin State College Development Foundation Inc · Baltimore, MD
Financial well-being
$150K
Neighborhood Trust Financial Partners · New York, NY
Financial well-being
$150K
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Capacity building
- Community development
Categories
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