The T. Rowe Price Program for Charitable GivingSM is a national donor-advised fund that helps you simplify your giving and maximize your tax savings through one convenient account.

A Quick Guide to the Program for Charitable Giving

The chart below shows how easy it is to support your favorite charities through your Program for Charitable Giving account. Once you establish your account, the assets are invested until you're ready to make a grant recommendation.

Step 1  

Establish Your
Charitable Account

You make an irrevocable contribution of $10,000 or more to establish your philanthropy program account. You can use cash or donate your long-term appreciated securities and pay no capital gains taxes.

Flow chart for T. Rowe Price's charity funds and philanthropy programs.
Step 2  

Receive Current-Year Charitable Tax Deductions

Your charitable tax donation is fully deductible (up to allowable IRS limits) for the tax year when it is made. Deductions can be carried over to the next tax year and beyond.

Step 3  

Invest Your Contributions

Your contribution is invested for
potential growth until you make grant recommendations. You can choose from six investment pools managed by T. Rowe Price.

Step 4  

Recommend Grants

You can recommend grant distributions of $100 or more to your favorite charities from your account whenever you like.

Step 5  

Distribution to Charities

The Program for Charitable Giving sends a check with a letter to the qualified charities that you have recommended.