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Partnering for social good
and enhancing community life.

"The Foundation has allowed us to maintain exemplary student outcomes and build organizational capacity to support future expansion."

-Sarah Hemminger, Cofounder, Thread, Baltimore, Maryland

For more than three decades, the T. Rowe Price Foundation has supported the communities where we work and beyond. With $170.2 million in direct grants and matching contributions since 1981, the Foundation is committed to making an impact in Baltimore and communities around the globe.


Strategically uplifting communities

The Foundation is committed to supporting long-term community impact in the following areas:

Youth Opportunity

Empowering youth to reach their full potential by:

  • Developing exceptional school leadership, capacity, and instruction
  • Advancing student achievement of grade level reading
  • Supporting learning, personal development, and post-secondary success through multi-faceted, multi-year programs

Creativity & Innovation

Advancing creativity and innovation, including:

  • Advancing artistic and creative disciplines including visual art and history, music, and performing arts
  • Addressing community challenges by enhancing community assets and building connections
  • Supporting youth and families through artistic expression

Financial Well-Being

Maximizing social and financial potential by:

  • Innovating local approaches to economic and community development
  • Advancing comprehensive approaches to hunger, poverty, and homeless alleviation
  • Empowering individuals and communities to reach financial success

Grantmaking Process

For most grants, our team will approach an organization directly to invite them to submit a grant proposal. Throughout the year we also review unsolicited grant proposals that align to our giving areas. Our grants are unrestricted for general operating purposes to help expand an organizations’ mission and ability to do their important work. Our funding primarily supports organizations in Baltimore as well as in Colorado Springs, San Francisco and New York that have an approved nonprofit status [Internal Revenue Service 501(c)(3) sections 509(a)(1), 509(a)(2) and qualifying 509(a)(3) supporting organizations] or that are fiscally sponsored by a 501(c)(3) public charity. 

The following steps outline the grant making process: 

Get to know each other

Review our community investment areas, attend an info session, and complete a questionnaire to determine if there is alignment with your community focus.

Grant proposals

Submit a grant application proposal. Note: Most grants are invitation only; however, we do review unsolicited proposals. Join our mailing list to stay connected to additional opportunities where we can partner

Reporting and Learning

Each grant applicant completes a short reflection about the grant, including key areas of learning. Reporting requirements vary depending on the grant size and scope.


Apply for a Grant

If you’re new to working with us, please answer a few questions to see if your work and our giving areas align.

Download a preview of the Foundation's standard grant application for reference.


Grantee Highlights

Enoch Pratt free Library
CASH Campaign of Maryland
Care and Share Foodbank for Southern Colorado
Baltimore Corps
arts Every Day
Echoing Green
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The Foundation’s Capacity Building Program offers workshops for grantees within and outside of its grantee network.

Growth in Recent Giving

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Growth in Recent Giving graph

Our Commitment to Impact

Since 2016, the Foundation has hosted capacity building workshops and cohort learning opportunities for nonprofits designed to strengthen the delivery of their services and their ability to deliver on their mission. To date, more than 2,000 participants from over 275 organizations have participated.

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To help address underinvestment in West Baltimore, the Foundation committed $1.3 million over three years.

Watch video to learn about our work

Innovating Solutions

The Bmore CoLab, supported by the T. Rowe Price Foundation, brings together nonprofits providing a variety of community services focused on empowering entrepreneurship and financial well-being in Baltimore.

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Our values in action

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23 Little Free Libraries across Baltimore were funded by the T. Rowe Price Foundation through a grant to the Fund for Educational Excellence.

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One Book Baltimore, a collaboration between the T. Rowe Price Foundation Enoch Pratt Free Library and more than 10 other Baltimore organizations, focused on promoting city-wide conversations about peace and anti-violence.

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New Boundaries Coalition and Strength to Love Farm II received a $200,000 grant to increase the accessibility of fresh produce in West Baltimore.

Contact Us

For questions about the T. Rowe Price Foundation, please email

Questions about sponsorships can be directed to

General Inquiry Intake Form

We look forward to connecting with you.

All data as of December 31, 2021, unless otherwise stated.

All currency stated in U.S. dollars.

1Charitable gifts made by our associates outside the U.S. are matched by T. Rowe Price Group, Inc. Total matching gift numbers may be higher than what is shown in this chart.

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