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T. Rowe Price Group will offer $2 million in grants to organizations fighting racial injustice, including groups that provide financial coaching, offer education on structural racism and help reverse disinvestment in communities of color.
NEWS Following the June 2020 announcement of a $2 million grant to organizations working to fight racial injustice, T. Rowe Price announced today the focus areas, determined by an advisory committee of the firm s associates, as well as the recipients of the grant. The T. Rowe Price Foundation s grant-making effort aims to bridge gaps in funding, build capacity, and create access for national and local organizations already working to address challenges related to racial inequality so that they can better serve their local constituencies. The following outlines how recipients will use the funds within communities where T. Rowe Price associates live and work: