Create a Charitable Legacy and Extend Your Giving for Years to Come.
Flexible Succession Planning
A successful plan involves defining your legacy, considering a life span for your philanthropy, and planning for transitions. Account succession plans typically call for the assets to be distributed to your favorite charities or for the account privileges to be passed on to others. However, you can elect to combine these options by assigning percentages of the account to each strategy. For example, you may want to distribute a portion of the account to create new accounts managed by your children and distribute the remaining funds to your designated charities.
Give Together With Family and Friends
A T. Rowe Price Charitable account can help you cultivate a charitable giving tradition in your family and extend it beyond your lifetime with the naming of additional donor/grant advisors and/or successor(s).
Add Active Donor/Grant Advisors
Family and friends can participate in the account and enjoy the same privileges as a primary donor-advisor.
Transfer Account Stewardship
Name successors to assume rights to your account upon the death of all active donor/grant advisor(s).
Seed the Next Generation of Giving
Split your account assets into two or more new accounts, giving each successor their own account to manage.
Honor Your Favorite Charity
Full distribution of account assets to charity
You can name one or more qualified charitable organizations as the recipient of account assets upon your death. T. Rowe Price Charitable will automatically distribute the full account balance to the named beneficiaries, leaving your heirs one less task to manage.
Name your charitable beneficiaries when you open your account, or use the form below to make changes.
Create a Charitable Legacy Plan
Paced distribution of account assets to charity
If you would like your account to provide sustained support to charities after your passing, T. Rowe Price Charitable can make annual grant disbursements per your request.
Complete the form below to let us know your wishes. You choose the charitable beneficiary organizations, the account duration time, and the annual distribution percentage.
Donor Guides
Strategies for Family Philanthropy
A shared approach to philanthropy can be a powerful way for families to knit the generations closer while learning more about each other’s values and charitable interests.
DAF as a Legacy Giving Tool
Donor-advised funds provide a simple, tax-efficient, and adaptable means of extending the life span of your philanthropy.
Legacy Gift Types
Compare giving vehicles to find the right fit for your charitable legacy goals.
Frequently Asked Questions
Here are some of our frequently asked questions related to legacy giving.
You can name T. Rowe Price Charitable as a beneficiary on wills, individual retirement accounts, nonretirement accounts, life insurance policies, and charitable trusts.. You may gift a specific dollar amount, a percentage of your assets, or the remainder after all other provisions are specified. If you intend to make the initial contribution to your giving account via this method, please inform us.
The below information can be used as required by your account administrator, will, etc.:
- Legal Entity Name - T. Rowe Price Charitable (Do not use your DAF’s name)
- Tax Identification Number - 31-1709466 (in lieu of Social Security number)
- Date of Incorporation - 5/3/2000 (in lieu of birth date)
- Street Address - 100 East Pratt Street Baltimore, Maryland 21224
- Phone Number - 800-690-0438
- If there is no granting history, then the balance of the account will be transferred to our General Giving Fund.
- If there is a granting history, the first consideration will be to make grants that reflect the donor-advisor’s past giving history, and with respect to deceased advisors, making grant awards in memory of such donor-advisors.
- If the previously supported organizations are no longer eligible, the balance of the fund will be transferred to our General Giving Fund.
You have two options for supporting charities beyond your lifetime:
- Name beneficiary charities to receive the remainder of account assets in a lump payment.
- Establish a charitable legacy plan to request an annual disbursement of account assets. You select one or more beneficiary organizations, the account duration time, and the annual distribution percentage. A $10,000 minimum account balance is required at the time of activation.
Contact us
By phone, email, and fax
By mail
T. Rowe Price Charitable
P.O. Box 17115
Baltimore, MD 21297 - 1115
4254707