Pass on a legacy of giving to your family

A Program account can help you cultivate a charitable giving tradition in your family and carry it on beyond your lifetime with the naming of a joint donor-advisor, secondary donor-advisor and/or successor(s).

  • Joint Donor-Advisor

    You can name a joint donor-advisor who has all the privileges you have as primary donor-advisor. Your joint donor-advisor automatically succeeds you as primary donor-advisor at your death.

  • Secondary Donor-Advisor

    Friends or family can participate in your charitable giving efforts as secondary donor-advisors. You determine which privileges each person should enjoy.

  • Successor(s)

    A successor becomes the primary donor-advisor for your account upon the death of the primary donor-advisor and joint-donor advisor. You can name more than one successor.

Leave a legacy for your favorite charities

A Program account can help you leave a legacy benefiting your favorite charities, whether you intention is to distribute all account assets upon your death or over time.

  • Beneficiary Organization

    You can name one or more qualified charitable organizations as the recipient of account assets upon your death. You choose the percentage of assets to be distributed to each named beneficiary.

  • Legacy Giving Plan

    You can establish a charitable legacy plan and request the annual distribution of account assets after the death of the last remaining donor-advisor, which triggers the activation of the plan. You select one or more beneficiary organizations, the account duration time, and the annual distribution percentage.

    A $10,000 minimum account balance is required at the time of activation. If the account balance is below this amount at the time of activation, the Program reserves the right to make a one-time, lump-sum grant to all named beneficiary organization(s), in the recommended proportions.

    The legacy giving plan requires a total annual distribution amount of at least 5% of the account balance or applicable IRS minimum percentage. If amounts distributed in a given year do not meet this minimum, the Program will calculate and distribute the difference to the beneficiaries in the recommended proportion. Annual distribution calculations are based on the account balance at the time of granting.
    Regardless of the recommended term duration, if the balance drops below $5,000, the Program reserves the right to grant the remaining balance to the recommended beneficiaries in proportion.

Please note: If no joint donor-advisor, successor, or beneficiary organization is named, account assets may be transferred to The T. Rowe Price Program for Charitable Giving General Giving Fund upon your death. The Program's General Giving Fund is used to make grants according to the Program's guidelines.