Vanguard Charitable donors awarded $1.78 billion in 2021

Vanguard Charitable has announced that during fiscal year 2021 it awarded grants totaling $1.78 billion to 54,000 charities through its donor-advised funds, a 6 percent year-over-year increase.

Vanguard also reported a 30 percent year-over-year increase in new donors. In addition, 66 percent of donations came in the form of appreciated securities and non-cash gifts and more than half of giving in 2021 was unrestricted, up from 42 percent in 2020.

In terms of the number of grants issued, the nonprofits that received the most support from Vanguard donors included Doctors Without Borders USA; Planned Parenthood Federation of America; St. Jude Children’s Research Hospital; Cru / Campus Crusade For Christ; Samaritan’s Purse; American Civil Liberties Union Foundation; International Rescue Committee; American Red Cross; Southern Poverty Law Center; and Natural Resources Defense Council. Since its inception, Vanguard Charitable has awarded more than $13.4 billion to nonprofits.

“[Last year] brought new challenges to our nation, and our donors once again increased their generosity to a wide range of deserving nonprofits,” said Vanguard Charitable president Rebecca Moffett. “At Vanguard Charitable, we’re committed to aiding nonprofits and supporting donors’ charitable goals. By identifying and supporting a diverse level of cause areas, our donors continue to pave the way to assist nonprofits in their greatest time of need.”

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