Earlier this year, as challenges posed by the coronavirus pandemic mounted, T. Rowe Price immediately looked at ways we could help communities stay strong—in Baltimore and around the world.
Every year during June and July, our associates around the world come together to participate in a broad range of activities in celebration of Pride. Even as the coronavirus pandemic impacts worldwide events and with hundreds of parades and events postponed or canceled, there is still an opportunity to bring about awareness on a global level—and to celebrate milestones like the U.S. Supreme Court's decision. This year, we embarked on a new direction and are using virtual events as a way to globally celebrate diversity and equality during these challenging times.
As the coronavirus pandemic continues to upend daily life around the globe, T. Rowe Price remains committed to supporting our associates, clients, and communities. One of the greatest strengths of our culture has always been our associates’ passion and dedication to giving back to those most in need.
“Our associates have a long history of generosity, and the past several months have been no exception,” says Renee Christoff, head of Global Associate Engagement + Corporate Responsibility.
T. Rowe Price’s annual Parents, Kids & Money Surveys show year after year that talking about money with kids more frequently can better position them for financial responsibility as adults
Blog
As many families navigate financial hardship and stress brought on by the pandemic, T. Rowe Price advises parents to discuss potential money challenges with kids during this difficult time. The firm’s research shows that kids are astute observers of family financial dynamics, often detecting when there is financial stress. In the absence of guidance from their parents, kids are left to form their own conclusions about the drivers of financial stress and what it means for their family.
The donation represents a continuation of the firm’s effort to support causes that address challenges related to racial inequality
Press Release
BALTIMORE, June 18, 2020 /3BL Media/ - T. Rowe Price and its Foundation announced today a $2 million commitment to organizations working to fight racial injustice. The donation is a continuation of the firm’s commitment to racial equity, which became a stronger focus following the 2015 Baltimore unrest resulting from the death of Freddie Gray. The Foundation will work closely with an advisory committee that will include representation from the firm’s associates to determine the recipients of this donation.
In 2015, the T. Rowe Price Foundation invested $1.3 million to address critical needs in West Baltimore.
Multimedia with summary
Since it was founded in 1981, the T. Rowe Price Foundation has partnered with the community to promote and enhance community life. To help address critical needs in West Baltimore, the Foundation committed $1.3 million over three years in 2015. John Brothers, president of the T. Rowe Price Foundation, says, “We want West Baltimore to be what West Baltimore wants to be. What we’re proud of is that we empowered residents and their organizations to decide on the future that they wanted and that we were able to provide seed funding for those purposes.”
Climate Change Risk is Rising, But Longer-Term Vulnerabilities Masked by Limited Impact on Near-Term Cash Flows
Summary:
ESG Disclosure #1 Topic of Engagements in 2019 Between T. Rowe Price and Company Managements
Climate Change Risk is Rising, But Longer-Term Vulnerabilities Masked by Limited Impact on Near-Term Cash Flows
Income Inequality Is One of the Defining Socioeconomic Issues of Our Time—Coronavirus Pandemic Further Heightens the Importance of This Investment Issue
Shareholder Proposals Mean Well, But Are Not Effective at Driving Meaningful Change
Press Release
ESG Disclosure #1 Topic of Engagements in 2019 Between T. Rowe Price and Company Managements
Climate Change Risk is Rising, But Longer-Term Vulnerabilities Masked by Limited Impact on Near-Term Cash Flows
Income Inequality Is One of the Defining Socioeconomic Issues of Our Time—Coronavirus Pandemic Further Heightens the Importance of This Investment Issue
Shareholder Proposals Mean Well, But Are Not Effective at Driving Meaningful Change
More than 160,000 N95 respirators were donated to health care facilities
Press Release
News
T. Rowe Price is providing wide-ranging support to address the gaps in community services and within the health care system as a result of the COVID-19 pandemic. The firm is donating:
$540,000 from the T. Rowe Price Foundation to nonprofits working to relieve the impact of the pandemic. The funds will be allocated to:
March 31, 2020 /3BL Media/ - T. Rowe Price offers fun and informative in-home learning with its Money Confident Kids® program. Parents and educators looking for instructive online resources to support learning while many schools are closed amid the coronavirus pandemic can take advantage of the program’s activities, which include:
January 21, 2020 /3BL Media/ - T. Rowe Price has relaunched its Money Confident Kids® program, a financial education program teaching basic financial concepts to middle school-age children, as a new five-step program with a refreshed website. The five steps outlined on the new site are designed to build on each other and simplify the process of teaching core financial concepts to kids.
The steps are systematically organized and focus on basic financial concepts of:
