May 27, 2012
Inside the Big Donor-Advised Funds
Vanguard Charitable Endowment Program
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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 





