Vanguard Charitable Endowment Program
100% goes to programs $0 to raise $100 Strong reserves Growing revenue
Vanguard Charitable Endowment Program is a 501(c)(3) organization based in Malvern, Pennsylvania, registered in 1997, with $6,410,999,905 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
100 Vanguard Blvd - D29, Malvern, PA, 19355 EIN 23-2888152 Since 1997
Revenue (FY2023)
$6.4B
▲ 40.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$3.1B
Net assets
$22.1B
Employees
119
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Vanguard Charitable Endowment Program: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating86 mo reserves · +52% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Vanguard Charitable Endowment Program: 86 mo reserves · +52% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Vanguard Charitable Endowment Program: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Vanguard Charitable Endowment Program: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To increase philanthropy and maximize its impact over time.
Contact & location
- Address
- 100 Vanguard Blvd - D29, Malvern, PA, 19355
- City
- Malvern
- State
- Pennsylvania
- Subcategory
- Federated Giving Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $4.9B (FY2020) to $6.4B (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $94.2MNet assets $22.1B
Operating margin
51.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.2B
Total liabilities
$94.2M
Net assets
$22.1B
Salaries & benefits
$14.8M
0% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,410,999,905▲40.1% | $3,093,447,365▲44.6% | $22,079,278,039▲30.1% | $22,173,441,530▲30.3% | 990 |
| 2022 | $4,575,589,839▲47.8% | $2,138,658,678▲11.2% | $16,975,890,774▲12.2% | $17,014,127,929▲12.0% | 990 |
| 2021 | $3,094,926,210▼37.4% | $1,923,024,321▲2.7% | $15,136,165,052▼5.7% | $15,184,566,383▼5.8% | 990 |
| 2020 | $4,942,778,815 | $1,871,641,654 | $16,045,507,259 | $16,116,069,593 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Rebecca Moffett — $423,545 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rebecca Moffett | President | 40 | $423,545 |
| Ann L Gill | Chief Philanthropic Officer | 40 | $317,778 |
| Mark Froehlich | Chief Financial Officer | 40 | $293,331 |
| Deone Powell | Gen. Counsel & Chief Legal Off | 40 | $285,887 |
| Jodi Rosen | Chief Development Officer | 40 | $228,079 |
| Elaine Kenig | Chief Communications Officer | 40 | $200,947 |
| Mary Jane Emery | Director of Finance/controller | 40 | $166,154 |
| Lisa Lenker | Sr. Mgr. Risk & Complex Assets | 40 | $159,541 |
| Jessica Neff | Sr. Manager, Head of Delivery | 40 | $149,044 |
| Victoria Kelber-mckee | Sr. Manager Product Owner | 40 | $145,694 |
| Amanda Welsh | Operations Sr. Manager | 40 | $135,584 |
| Celia Roady | Secretary | 1 | — |
| John J Brennan | Trustee & Chairman | 1 | — |
| Larry Dubinski | Trustee | 1 | — |
| Michael F Holland | Trustee | 1 | — |
| Michael S Miller | Trustee | 1 | — |
| Pamela Dippel Choney | Trustee | 1 | — |
| Renee B Booth | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ust Global Inc | Tech Admin. Services | $4,371,883 |
| Vanguard Group Inc | Occup. & Admin. Svs. | $4,242,608 |
| Slalom LLC DBA Slalom Consult | Tech Services | $3,374,395 |
| Ust Global Inc | Tech Admin. Services | $2,136,429 |
| Kl Gates LLP | Legal & Lobbying Ser | $453,488 |
Grants received · $777.1M total
296 grants to Vanguard Charitable Endowment Program totaling $777.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Philanthropy | 2024 | $31,866,463 |
| Dechomai Foundation Inc | Unrestricted | 2024 | $28,852,313 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $23,054,104 |
| Navigation Charitable Fund | General support | 2024 | $15,375,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $5,000,000 |
| The Community Foundation For Northeast Florida Inc | For the gregory s. and susan k. roth fund, account # a2006854 | 2024 | $3,136,250 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $1,621,513 |
| United Jewish Foundation | To support philanthropy | 2024 | $1,616,262 |
| Impactassets Inc | General support | 2024 | $1,500,000 |
| Major League Baseball Players Assn | General contribution for donee's charitable purpose | 2024 | $1,500,000 |
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $786,994 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $390,523 |
| American Online Giving Foundation Inc | General support | 2024 | $359,196 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $342,724 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $300,000 |
Grants made · $3.0B in FY2023
24,269 grants totaling $3.0B in FY2023 — showing the 15 largest. All grants made by Vanguard Charitable Endowment Program →
| Recipient | Purpose | Amount |
|---|---|---|
| Impactassets Inc | For recipient's exempt purpose | $308,265,198 |
| The Clear Fund | For recipient's exempt purpose | $72,338,861 |
| Bright Funds Foundation | For recipient's exempt purpose | $47,880,713 |
| Worthington Scholarship Foundation | For recipient's exempt purpose | $41,034,099 |
| Center For Education Reform | For recipient's exempt purpose | $35,771,924 |
| Donor Advised Charitable Giving | For recipient's exempt purpose | $29,603,374 |
| Fidelity Investments Charitable Gift Fund | For recipient's exempt purpose | $25,171,927 |
| Berkeley Repertory Theatre | For recipient's exempt purpose | $25,083,400 |
| Kyiv School of Economics | For recipient's exempt purpose | $24,882,000 |
| Our American Future Foundation | For recipient's exempt purpose | $23,058,000 |
| Teach For America Inc | For recipient's exempt purpose | $20,208,500 |
| Kipp Foundation | For recipient's exempt purpose | $20,017,000 |
| Charter Fund Inc | For recipient's exempt purpose | $20,000,000 |
| Marin Community Foundation | For recipient's exempt purpose | $17,263,765 |
| M Y Keren Hashluchim Inc | For recipient's exempt purpose | $16,869,178 |
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Compare Vanguard Charitable Endowment Program
Frequently asked questions
- Is Vanguard Charitable Endowment Program a legitimate nonprofit?
- Yes. Vanguard Charitable Endowment Program is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2888152, based in Malvern, Pennsylvania. Donations are tax-deductible.
- What is Vanguard Charitable Endowment Program's EIN?
- Vanguard Charitable Endowment Program's Employer Identification Number (EIN) is 23-2888152.
- How much revenue does Vanguard Charitable Endowment Program report?
- Vanguard Charitable Endowment Program reported $6,410,999,905 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Vanguard Charitable Endowment Program's spending goes to programs?
- Vanguard Charitable Endowment Program spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Vanguard Charitable Endowment Program have?
- CharityIndex grades Vanguard Charitable Endowment Program A, based on program efficiency and fundraising cost.
- How much does Vanguard Charitable Endowment Program's highest-paid employee make?
- The highest reported compensation on Vanguard Charitable Endowment Program's latest Form 990 is $423,545, paid to Rebecca Moffett (President).
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Data for Vanguard Charitable Endowment Program (EIN 23-2888152) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.