For more than three decades, the T. Rowe Price Foundation has been dedicated to making a meaningful impact in communities locally and globally. With over $132 million in contributions since 1981, their mission focuses on supporting community development in various areas including youth opportunity, creativity & innovation, and financial well-being. They aim to collaborate closely with community partners, emphasizing the importance of partnership and measuring impact through their grantmaking practices to ensure long-term success.
The T. Rowe Price Foundation Grant Program aims to uplift communities by focusing on three key areas: Youth Opportunity, Creativity & Innovation, and Financial Well-Being. These areas encompass supporting school leadership and student achievement, promoting artistic expression and addressing community challenges, and enhancing economic development along with alleviating poverty and homelessness. The foundation values collaboration and believes that local community partners are best equipped to use their resources effectively. Grants are mainly unrestricted for general operating purposes, targeting Arts and Culture, Education, and Human Services sectors. The process typically involves a direct approach to invite organizations to submit proposals, but unsolicited proposals aligned with their interests are also considered.