VANGUARD CHARITABLE ENDOWMENT PROGRAM
100 VANGUARD BLVD - D29, MALVERN, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $6,666,887,642 | $3,541,363,310 | $27,212,476,535 |
| FY2024 | $6,410,999,905 | $3,093,447,365 | $22,079,278,039 |
| FY2023 | $4,575,589,839 | $2,138,658,678 | $16,975,890,774 |
| FY2022 | $3,094,926,210 | $1,923,024,321 | $15,136,165,052 |
| FY2021 | $4,942,778,815 | $1,871,641,654 | $16,045,507,259 |
| FY2020 | $2,342,827,019 | $1,728,694,449 | $10,803,018,572 |
| FY2019 | $2,186,733,429 | $1,148,498,333 | $10,011,108,396 |
| FY2018 | $2,034,194,172 | $1,003,148,960 | $8,617,401,530 |
| FY2017 | $1,698,906,641 | $770,912,907 | $7,281,065,619 |
| FY2016 | $1,381,769,475 | $715,614,609 | $5,763,169,501 |
| FY2015 | $1,318,779,835 | $708,620,937 | $5,156,030,374 |
| FY2014 | $1,090,629,084 | $606,797,877 | $4,535,418,093 |
| FY2013 | $1,117,986,418 | $509,528,710 | $3,595,818,959 |
| FY2012 | $908,901,187 | $484,128,809 | $2,757,285,173 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,751,469,753 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $3,528,949,218 | 100% |
| Management & general | $8,432,465 | 0% |
| Fundraising | $3,981,627 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 97.6% of 42 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Net assets covered about 92.2 months of expenses at the end of the reporting year. That puts it in the 36th percentile among 2819 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Total revenue was higher than 100% of 2873 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Total revenue rose from $908,901,187 in FY2012 to $6,666,887,642 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $2,757,285,173 to $27,212,476,535 between FY2012 and FY2025.
- Contributions and grants made up 96% of revenue in FY2012 and 86% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO INCREASE PHILANTHROPY AND MAXIMIZE ITS IMPACT OVER TIME.
IRS status
| Ruling year | 1997 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T700 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- GLAXOSMITHKLINE PATIENT ACCESS PROGRAMS FOUNDATION — PHILADELPHIA, PA · $902,976,608
- JOHN TEMPLETON FOUNDATION — WEST CONSHOHOCKEN, PA · $175,754,080
- THE PITTSBURGH FOUNDATION — PITTSBURGH, PA · $159,126,734
- DIETRICH FOUNDATION — PITTSBURGH, PA · $107,295,535
- THE HEINZ ENDOWMENTS — PITTSBURGH, PA · $93,890,340
- LONGWOOD GARDENS INC — KENNETT SQ, PA · $72,037,073
- NATIONAL PHILANTHROPIC TR — JENKINTOWN, PA · $17,794,939,562
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.