Press release Price T. Rowe

Linkedin icon twitter icon email icon Northampton, MA | June 24, 2021 at 12:03 p.m. Eastern Daylight Time

T. Rowe Price and Business Volunteers Maryland Join Forces to Support Four Local Racial Equity-Focused Nonprofits
T. Rowe Price and Business Volunteers Maryland Join Forces to Support Four Local Racial Equity-Focused Nonprofits

June 24, 2021 / 3BL Media / – Business Volunteers Maryland (BVM) and T. Rowe Price came together on June 23, 2021 to host skillCONNECT, a scope-a-thon supporting four Baltimore-area nonprofits focused on racial equity.

During skillCONNECT, teams of T. Rowe Price volunteers worked with nonprofits, bringing their expertise and ideas to help organizations overcome business challenges related to strategic planning, finance, fundraising. funds, human resources, marketing, etc.

The four nonprofits selected to participate, all of which were founded and are led by people of color, include:

  • Community Law in Action, an organization that develops young people to become leaders by connecting them to opportunities to amplify their voices, cultivate their skills and actively participate in the process of positive community change.
  • The Food Project, an initiative of UEmpower of Maryland that brings cooking skills, employment opportunities, sustainable food sources, mentorship and hope to youth in Southwest Baltimore.
  • Infinite Focus Schools, a non-profit organization that seeks to reduce the impact of mental, emotional and behavioral disorders in young people.
  • Parity Baltimore Inc., a West Baltimore-based equitable development company that acquires and rehabilitates abandoned properties in block to create affordable homeownership opportunities as a means of social justice and wealth creation.

BVM has facilitated numerous skillCONNECT events over the years, bringing the expertise of business professionals to leaders of nonprofits facing business challenges.

This event represents a continuation of T. Rowe Price’s commitment to advancing racial equity in the community. Since 2015, the T. Rowe Price Foundation has awarded $ 5.5 million in grants that support organizations focused on racial equity and racial justice. In addition, the company has pledged $ 2 million in racial equity grants.

QUOTE

Ryan Turner, Executive Director of Community Law in Action “T. Rowe Price and Business Volunteers Maryland are very intentional in their efforts to support the capacity of grassroots nonprofits. Partnerships and commitments such as this help sustain the work and deepen the impact. of our organizations.

Julie C. Kernan, President and CEO of Business Volunteers“At Business Volunteers Maryland, our mission is to strengthen community by making strategic connections between people, businesses and nonprofit organizations. skillCONNECT offers the perfect opportunity for individuals to provide their professional expertise to solve real-time challenges for nonprofit organizations in the region. We are grateful to partners like T. Rowe Price who see the importance of skilled volunteerism and encourage their associates to collaborate with nonprofits in impactful ways.

Terence Baptiste, skillCONNECT participant and senior legal counsel at T. Rowe Price“I am interested in the skillCONNECT event because it gives me the opportunity to use my legal expertise to help a non-profit organization working for racial equity. I have looked for opportunities in recent years to get more involved in my community to advance racial equity, but I have struggled to find my place as I have no experience in this area. Being able to help an organization in this space using the skills I learned at T. Rowe Price is the opportunity I was looking for. During this event, I hope to be able to give a non-profit organization concrete steps that will help address the business challenges it faces.Learn more about Terence and his interests in this video.

ABOUT MARYLAND BUSINESS VOLUNTEERSBusiness Volunteers Maryland is a nonprofit organization that strengthens community by making strategic connections between people, businesses and nonprofit organizations. Business Volunteer Maryland’s mission is to build a stronger community through business engagement, civic leadership and volunteer relationships. Business Volunteers trains and places professionals on non-profit boards; develops civic leaders; matches individuals with meaningful volunteer opportunities; creates partnerships between businesses, local associations and schools; and provides volunteer management training to nonprofit organizations. For more information, visit businessvolunteersmd.org.

ABOUT T. ROWE AWARDSFounded in 1937, Baltimore-based T. Rowe Price Group, Inc. (trowe inconnu) (trowearus) is a global investment management organization with $ 1.59 trillion in assets under management at April 2021. The organization offers a wide range of mutual funds. , sub-advisory services and separate account management for individual and institutional investors, pension plans and financial intermediaries. The company also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined and risk-aware investment approach focuses on diversification, style consistency and fundamental research. For more information, visit trowe Danemark or our Twitter, YouTube, LinkedIn and Facebook sites.

CONTACT US

Amy Burke Friedman PROFILES410-382-5496[email protected]

Heather McDonold T. Rowe Price443-834-4132[email protected]

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