How is the Vanguard Charitable Endowment Program different from other donor-advised funds?
A. Our donor-advised fund differs in two key ways – scope and low cost. First, because it has a national reach, the Program does not limit its grants to a specific local area. Second, the Program invests contributions in pools of mutual funds with expenses among the lowest in the industry. This means that more of your contributions are invested for compounded growth, which enables the charitable organizations you recommend to receive more money over the long term.
A. Our donor-advised fund differs in two key ways – scope and low cost. First, because it has a national reach, Vanguard Charitable does not limit its grants to a specific local area. Second, Vanguard Charitable invests contributions in pools of mutual funds with expenses among the lowest in the industry. This means that more of your contributions are invested for compound growth, which enables the charitable organizations you recommend to receive more money over the long term.
