Benefits of a Donor-Advised Fund
T. Rowe Price Charitable gives donors access to immediate tax benefits while allowing the flexibility to recommend grant disbursements to charities at their convenience.
Maximize Your Charitable Impact
- Lock in your charitable tax deduction now and grant when it's needed.
- Contribute long-term appreciated securities and avoid capital gains taxes.
- Tax-efficiently convert a variety of asset types—securities, real estate, business interests, and more—into charitable dollars.
- Easily make grant recommendations on your schedule.
- Share your name with charities or grant anonymously.
- Simplify your giving with the convenience of supporting all your favorite charities from one account, and get just one tax receipt.
- Invest for growth, making more funds available for granting over time. This strategy is especially advantageous for donors who seek current tax advantages yet have high charitable aspirations and a longer investment time horizon.
- Name multiple advisors and contributors to your account, promoting charitable giving within your family or business.
- Create a charitable legacy.
Estimate your tax savings with this tool.
A Better Way to Give
Immediate Tax Savings
As soon as you contribute, you'll be eligible for an immediate tax deduction for the current year, up to IRS limits.
Grow Your Giving Power
Your account is invested, giving it a chance to grow tax-free, meaning more support for your charities of choice.
Simple Granting
Support your favorite charities, right away or over time, by making grant recommendations of $100 or more.
Create a Legacy
With T. Rowe Price Charitable, you can cultivate a charitable giving tradition in your family and extend it beyond your lifetime.
Frequently Asked Questions
Here are some of our frequently asked questions relating to making contributions and disbursements.
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.
Contributions from your IRA to a donor-advised fund 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 USA's largest and most utilized evaluator of charities.
BBB Wise Giving Alliance
Produces reports about USA charities, evaluating them against comprehensive Standards for Charity Accountability.
Explore More
Discover helpful links to learn more
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IRAs and Charitable Giving
Understand your options when gifting from your individual retirement account (IRA).
DAF or Private Foundation
Compare the features of these two popular giving vehicles: a donor-advised fund (DAF) and a private foundation.
Contact Us
By phone, email, and fax
By mail
T. Rowe Price Charitable
P.O. Box 17115
Baltimore, MD 21297 - 1115
4254707