Like so many others, alternative investment companies, hedge funds, and financial corporations, T. Rowe Price has its foundation. It was founded in 1981 and helps fund organizations and leaders that share the same values as the fund.
Heavy compliance with ESG principles is one of the trademarks of the foundations, and they take great pride in their corporate responsibility and so-called diversity and inclusion programs.
The foundation filed a 990 in November 2023 for the year before, stating their revenue at $7.10 million. Expenses were at $11.11 million, net income was negative $4 million, and net assets per book value were $80.48 million.
The fund contributed to the foundation...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
