Vanguard Charitable's donor-advised fund was established by Vanguard in 1997. A donor-advised fund is a philanthropic vehicle that allows donors to create accounts with a contribution of cash or securities, qualify for immediate tax deductions, and then, over time, recommend grants to charitable organizations. Vanguard Charitable strives to achieve its mission to increase philanthropy across the United States by offering the best philanthropic value, supporting our donors' charitable giving with simplicity, delivering superior service, and maintaining an effective cost structure.
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