T. Rowe Price Foundation Grants Half A Million Dollars To Support Communities Impacted By COVID-19 Pandemic
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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Source: PR Newswire
BALTIMORE, March 20, 2020 /PRNewswire/ -- NEWSThe T. Rowe Price Foundation announced today it will be granting $500,000 to global and local organizations working to relieve the widespread impact of the COVID-19 pandemic and resulting gaps in community services. To help ensure that the nonprofit sector remains strong during this challenging time, T. Rowe Price is also honoring all sponsorship commitments throughout greater Baltimore and other regions. One hundred percent of the funds the firm had allocated for fundraising efforts will now become direct donations to the nonprofits. T. Rowe Price Foundation is also working with existing grantees to determine if there is a need to expedite funding that had been slated for later this year. GRANT DETAILS To inform the grant-making strategy and determine where it could have the most impact, the Foundation partnered with the city of Baltimore, the Center for Disaster Philanthropy, and other experts and stakeholders. The Foundation will be al
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