Charge transfer (CT) state properties at the donor:acceptor interface in organic photovoltaic materials are widely regarded as crucial in determining the charge separation efficiency of organic photovoltaic devices. In this work, we use time dependent density functional theory (TDDFT) with B3LYP/6-31g* to study the influence of chemical structure on excitation energies, oscillator strengths, and electronic structure. We vertically excite states in a series of polymer:fullerene blends, modeling each blend as an oligomer:fullerene pair in vacuo. Our method reproduces experimentally observed trends in CT state energy with chemical structure as measured by electroluminescence. For oligothiophene:PCBM (PCBM = [6,6]-phenyl C61-butyric acid methyl ester), we find that Coulomb binding tends to reduce in higher excited CT states. In the case of several isoindigo and diketopyrrolopyrrole (DPP) based donors, we find that the first excited state of the pair lies close in energy to the first singlet of the oligomers, and low excited states have hybrid, or incomplete charge transfer, character. The natures and energies of these states are dependent on the fullerene position. We discuss the effect of thiophene substitution in a DPP polymer on charge generation in terms of the calculated CT state properties and rationalize the observed charge separation efficiency of corresponding experimental systems in terms of these calculations.