T ROWE PRICE PROGRAM FOR CHARITABL… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

DANIEL TAMBELLINI

Phone

4103453457

Tax Period

2024-04-01 to 2025-03-31

T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC, founded in 2000, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $302.2M in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155.4M, a strong 51% operating margin.

Mission

THE T. ROWE PRICE PROGRAM FOR CHARITABLE GIVING WAS FOUNDED TO PROMOTE INDIVIDUAL AND CORPORATE PHILANTHROPY THROUGHOUT THE UNITED STATES BY PROVIDING A TAX-EFFICIENT AND EFFECTIVE MEANS FOR INITIATING, GROWING, AND DISTRIBUTING CHARITABLE GIFTS TO QUALIFIED CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES. INDIVIDUALS AND CORPORATIONS ESTABLISH AND MAINTAIN DONOR-ADVISED FUND ACCOUNTS BY MAKING CONTRIBUTIONS TO THE PROGRAM. BASED ON DONOR RECOMMENDATIONS, THESE CONTRIBUTIONS ARE INVESTED AMONG TEN INVESTMENT POOLS AND SECURITIES HELD WITHIN SEPARATELY MANAGED ACCOUNTS TO POTENTIALLY GROW OVER TIME. DONORS MAY RECOMMEND THAT GRANTS BE MADE FROM DONOR-ADVISED FUND ACCOUNTS TO SUPPORT QUALIFIED PUBLIC CHARITIES, PRIVATE OPERATING FOUNDATIONS, AND GOVERNMENTAL ENTITIES. THE PROGRAM FOR CHARITABLE GIVING ALSO EDUCATES DONORS AND POTENTIAL DONORS ABOUT THE HISTORY OF PHILANTHROPY, THE REWARDS OF CHARITABLE GIVING, AND OPPORTUNITIES FOR VOLUNTEERING. INFORMATION IS PROVIDED THROUGH THE PROGRAM'S NEWSLETTER, WEBSITE, AND OTHER PRINTED MATERIALS.

Program Service Accomplishments

Program 1

Expenses: $145,818,131

THE PROGRAM POOLS CHARITABLE CONTRIBUTIONS RECEIVED FOR COLLECTIVE INVESTMENT TO MAKE GRANTS TO CHARITABLE ORGANIZATIONS. DURING THE YEAR THE PROGRAM MADE NEARLY 62,000 GRANTS TO OVER 12,000...

THE PROGRAM POOLS CHARITABLE CONTRIBUTIONS RECEIVED FOR COLLECTIVE INVESTMENT TO MAKE GRANTS TO CHARITABLE ORGANIZATIONS. DURING THE YEAR THE PROGRAM MADE NEARLY 62,000 GRANTS TO OVER 12,000 CHARITABLE ORGANIZATIONS. THE PROGRAM FURTHER PROMOTES PHILANTHROPY BY PROVIDING EDUCATION ON CHARITABLE GIVING THROUGH ITS WEBSITE, NEWSLETTERS, AND OTHER PRINTED MATERIALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,726,331

Program Service Revenue $0

Investment Income $135,466,658

Other Revenue $0

TOTAL REVENUE $302,192,989

Expense Breakdown

Grants Paid $144,929,825

Salaries & Benefits $641,430

Fundraising Expenses $502

Program Expenses $145,818,131

Other Expenses $1,184,289

TOTAL EXPENSES $146,755,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$302,192,989	$139,901,499	+1.2%
Expenses	$146,755,544	$115,035,876	+0.3%
Net Income	$155,437,445	$24,865,623	+5.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$12,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIET A EURICH	DIRECTOR	0.60	Director	$2,500	$0	$2,500
MARY J MILLER	DIRECTOR	0.60	Director	$2,500	$0	$2,500
DAVID WILSON	DIRECTOR	0.60	Director	$2,500	$0	$2,500
SAMUEL HOI	DIRECTOR	0.60	Director	$2,500	$0	$2,500
ERIKA SETH DAVIES	DIRECTOR	0.60	Director	$2,500	$0	$2,500
CHIOMA V ELUMA	DIRECTOR (AS OF 6/5/2024)	0.60	Director	$0	$0	$0
PAIGE T DAVIS	CHAIRMAN	0.60	Officer Director	$0	$0	$0
JOHN E BROTHERS	PRESIDENT (UNTIL 1/31/2025)	10.00	Officer	$0	$0	$0
DANIEL TAMBELLINI	PRESIDENT (AS OF 2/1/2025)	10.00	Officer	$0	$0	$0
BRITTON NYCE	TREASURER & SECRETARY	1.00	Officer	$0	$0	$0
MEDEANER ROBINSON	ASSISTANT SECRETARY (UNTIL 3/14/25)	0.80	Officer	$0	$0	$0
MELISSA WARREN	SECRETARY	0.80	Officer	$0	$0	$0
CHERYL L EMORY	ASSISTANT SECRETARY	0.80	Officer	$0	$0	$0
KATHYRN REILLY	ASSISTANT SECRETARY	0.80	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2026	No data	No data	No data	No data
2025	$302,192,989	$146,755,544	$648,277,941	$155,437,445
2024	$139,901,499	$115,035,876	$600,203,915	$24,865,623
2023	$109,930,898	$100,591,889	$511,020,672	$9,339,009
2022	$181,299,725	$109,979,704	$536,433,677	$71,320,021
2021	$121,450,338	$86,520,340	$487,124,932	$34,929,998

T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC