T Rowe Price Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
T Rowe Price Foundation is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1982, with $7,177,804 in FY2024 revenue. CharityIndex grades it F.
1307 Point St, Baltimore, MD, 21231 EIN 52-1231953 Since 1982
Revenue (FY2024)
$7.2M
▼ 51.7% vs prior year
Expenses (FY2024)
$14.8M
Net assets
$84.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for T Rowe Price Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating69 mo reserves · -106% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For T Rowe Price Foundation: 69 mo reserves · -106% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for T Rowe Price Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For T Rowe Price Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $17.9M (FY2020) to $7.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.7MNet assets $84.6M
Operating margin
-105.6%
Spent more than it raised in the latest fiscal year.
Total assets
$93.3M
Total liabilities
$8.7M
Net assets
$84.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,177,804▼51.7% | $14,759,293▲11.9% | $84,600,308▼5.6% | $93,306,776▼3.2% | 990PF |
| 2023 | $14,872,160▲109% | $13,187,231▲18.6% | $89,576,245▲11.3% | $96,431,421▲11.3% | 990PF |
| 2022 | $7,109,327▼69.5% | $11,117,133▼28.0% | $80,480,772▼23.9% | $86,625,837▼24.4% | 990PF |
| 2021 | $23,335,778▲30.3% | $15,441,079▲16.1% | $105,748,373▲11.9% | $114,583,054▲11.6% | 990PF |
| 2020 | $17,910,220 | $13,294,735 | $94,493,956 | $102,640,899 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is T Rowe Price Foundation a legitimate nonprofit?
- Yes. T Rowe Price Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1231953, based in Baltimore, Maryland. Donations are tax-deductible.
- What is T Rowe Price Foundation's EIN?
- T Rowe Price Foundation's Employer Identification Number (EIN) is 52-1231953.
- How much revenue does T Rowe Price Foundation report?
- T Rowe Price Foundation reported $7,177,804 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does T Rowe Price Foundation have?
- CharityIndex grades T Rowe Price Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Baltimore
Explore more
Data for T Rowe Price Foundation (EIN 52-1231953) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.