The T. Rowe Price Program for Charitable Giving is a national donor-advised fund, a tax-favored vehicle that facilitates philanthropy without the administrative responsibilities or fees of a private foundation.
The Program is a simple, convenient way for your clients to lock in a full charitable tax deduction by making a contribution at any time of year. And — because it offers the flexibility of donating cash or long-term-appreciated securities — the Program can play a key role in annual tax planning for your clients. Once the account is established, clients decide when to recommend a distribution to support their favorite charities.
Incorporating the Program into your discussions of tax-planning
strategies is a smart way to enhance the service and support you provide for clients.
Your role in the Program
When your client establishes a Program donor-advised fund account, you can be named as a secondary donor-advisor — enhancing opportunities to work with your clients to meet their financial and charitable goals and
help you meet your business goals.
|
As a secondary donor-advisor, you can be authorized to: |
- Change the allocation among four investment pools at any time
- Make charitable grant recommendations
- Receive quarterly statements
|
|
Key Program features |
- Prompt, personal attention
- Direct access to a knowledgeable Program representative, not an automated menu
- Timely processing and reporting
- Regular communication with you as a financial professional
- Choice of investment pools managed by T. Rowe Price — known for consistent,
disciplined, long-term investment management
- Low initial minimum gift ($10,000) and subsequent gift amounts ($500)
- Low minimum grant amount ($250)
|
