• May 25, 2013

Inside the Big Donor-Advised Funds

Vanguard Charitable Endowment Program

Back | Rank: 3 | Commercial Funds | Web site | Next

 

Assets and Giving in 2011

Total assets of all donor-advised funds at the organization: $2.33-billion (+21.3% change from 2010)

Total amount donors contributed to their funds: $568.6-million (+18.3%)

Total sum donors channeled to charity from their funds: $486.9-million (+3.9%)

Number of funds: 7,760 (+11.5%)

About the Organization’s Funds

Average amount in each fund: $300,038 (+8.7%)

Minimum amount a donor must supply to open a fund: $25,000

Minimum a donor must give each time he or she adds to the fund: $5,000

Fees: 0.60% on the first $500,000 of assets; 0.45% on the next $500,000; 0.15% on the next $29-million.

Contributions to Charities

Accepts grant applications: No

Grant recipients, a sampling:

  • Appalachian Community Fund, Knoxville, Tenn. -- $19,000
  • Lake Forest College, Lake Forest, Ill. -- $620,500
  • Minnesota Orchestral Association, Minneapolis -- $2.4-million
  • Physicians for Human Rights, Cambridge, Mass. -- $350,000
  • Western Diocese of the Armenian Church of North America, Burbank, Calif. -- $51,000

To see a full list of all contributions: A list of grants made is available on the organization's IRS form 990.

Get more information about this fund’s past performance Premium Link

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  • 1255 Twenty-Third St, N.W.
  • Washington, D.C. 20037
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