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T Rowe Price Program for Charitable Giving
Also known as T Rowe Price Charitable
T Rowe Price Program for Charitable Giving reported $241.2 million in revenue and $160.0 million in expenses for the fiscal year ending March 31, 2026. Of every $100 it spent, $99.43 went to program services, $0.57 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 78.4% of the total. The highest compensation it reported for one person was $2,500 (DIRECTOR). Revenue rose 99% between FY2021 and FY2026. Source: Form 990, FY2026.
Where $100 of spending went
The fiscal year ending March 31, 2026 · Form 990, Part IX, line 25 · total expenses $160MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2026 · Form 990, Part VIII · total revenue $241MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2026 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.4% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.6% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.4% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $2,500 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.00% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 0 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 56.5 | 56.6 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2026 · Form 990, Part III · the three largest programs by expenseThe program pools charitable contributions received for collective investment to make grants to charitable organizations. During the year the program made nearly 65,500 grants to over 15,000 charitable organizations. The program further promotes philanthropy by providing education on charitable giving through its website, newsletters, and other printed materials
Highest reported compensation
FY2026 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 0.60 hrs/week | $2,500 | $0 | $0 | $2,500 |
| DIRECTOR Director/trustee, 0.60 hrs/week | $2,500 | $0 | $0 | $2,500 |
| DIRECTOR Director/trustee, 0.60 hrs/week | $2,500 | $0 | $0 | $2,500 |
| DIRECTOR Director/trustee, 0.60 hrs/week | $2,500 | $0 | $0 | $2,500 |
| DIRECTOR Director/trustee, 0.60 hrs/week | $2,500 | $0 | $0 | $2,500 |
0 people received more than $100,000 in reportable compensation from T Rowe Price Program for Charitable Giving (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12,500 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2026 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
FY2026 · Form 990, Part VII, Section B · businesses only| T ROWE PRICE ASSOCIATES Investment mgmt, admin | $1,487,815 |
| REN PSG Technology | $271,721 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to T Rowe Price Program for Charitable Giving totaling $45,154 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from T Rowe Price Program for Charitable Giving's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for T Rowe Price Program for Charitable Giving, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 T Rowe Price Program for Charitable Giving spent in FY2026, $99.43 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Community Foundation of Middle TennesseeNashville, TN · revenue $240M · programs 93.2% · 2024
- New PartnersNew York, NY · revenue $244M · programs 92.0% · 2024
- Lettie Pate Whitehead FoundationAtlanta, GA · revenue $233M · programs 97.9% · 2024
- St John's Community HealthLos Angeles, CA · revenue $245M · programs 84.8% · 2025
- Charter FundDenver, CO · revenue $232M · programs 95.6% · 2024
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Questions people ask
How much of T Rowe Price Program for Charitable Giving's spending goes to programs?
In the fiscal year ending March 31, 2026, T Rowe Price Program for Charitable Giving reported that 99.4% of its $160.0 million in expenses went to program services, 0.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does T Rowe Price Program for Charitable Giving pay its top executive?
The largest total compensation T Rowe Price Program for Charitable Giving reported for one person in the fiscal year ending March 31, 2026 was $2,500, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does T Rowe Price Program for Charitable Giving get its money?
Of $241.2 million in revenue in the fiscal year ending March 31, 2026, 78.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is T Rowe Price Program for Charitable Giving a registered charity?
The IRS lists EIN 31-1709466 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2026: Form 990 for the fiscal year ending March 31, 2026, object 202611959349301316 · read the filing · XML
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202501959349302200 · read the filing
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202401949349301515 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202321949349300147 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202202019349300005 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202210149349301301 · read the filing
All filings for EIN 31-1709466: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.