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ABAG Member: T. Rowe Price Foundation donating $1.3M to West Baltimore

Thursday, March 10, 2016   (0 Comments)
Posted by: Tausi Suedi
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March 10, 2016

By Rick Seltzer, Reporter, Baltimore Business Journal

The T. Rowe Price Foundation is pledging its largest-ever commitment to a series of West Baltimore initiatives in a series of grants coming after last year's unrest.

The foundation plans to announce Thursday grants totaling $1.3 million over three years for several West Baltimore efforts. The pledge represents the single-largest commitment in the 35-year history of the foundation, which is the charitable arm of Baltimore-based money manager T. Rowe Price Group Inc. (NASDAQ: TROW), eclipsing previous $500,000 grants made to educational and capital campaigns.

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