The minimum initial contribution is $5,000. It is recommended that subsequent contributions be for $500 or more. 

The minimum account balance is $500. If you submit a grant that will take your account balance below the $500 minimum, we will contact you for next steps.

Contributions to T. Rowe Price Charitable are fully deductible for the tax year in which they are made. Contributions of cash are deductible up to 60% of adjusted gross income (AGI).  Contributions of long-term appreciated securities are deductible up to 30% of AGI. Contributions over these limits can be carried forward for up to five years.

Yes, however, contributions from an IRA to a donor-advised fund are considered taxable redemptions from the IRA, and are included as part of your ordinary income. 

Please note: Contributions from your IRA to your giving account do not qualify as a Qualified Charitable Distribution (QCD) since donor-advised funds are excluded from the QCD rule under existing regulations. A QCD enables individuals aged 70 1/2 or older to distribute funds from their IRA directly to eligible charitable organizations and exclude the distribution from their gross income.

No, we do not. U.S. charities in good standing with the IRS are eligible for grants.

These websites provide information to help you make smart choices about your charitable giving. You can research individual charities, as well as find resources, tips and articles about the charitable landscape.

GuideStar
The world's largest source of information on nonprofit organizations.

Charity Navigator
The nation's largest and most utilized evaluator of charities.

BBB Wise Giving Alliance
Produces reports about national charities, evaluating them against comprehensive Standards for Charity Accountability.