Vanguard Charitable Endowment Program Exceeds $500 Million Granted

Vanguard Charitable Endowment Program Exceeds $500 Million Granted: "Vanguard Charitable Endowment Program Exceeds $500 Million Granted

MALVERN, Pa.--(BUSINESS WIRE)--Feb. 15, 2005--The Vanguard Charitable Endowment Program marked a milestone event in early February, 2005, when its grants to public charities nationwide since its 1997 inception surpassed one-half billion dollars.


Mirroring Americans' growing participation in donor-advised funds, the Endowment Program's 2004 contribution and grant activity doubled compared to 2003, and the $500 million granting landmark represents financial support provided to over 15,500 U.S.-based charitable organizations. The majority of the granted funds advanced the work of educational institutions and human services organizations. Charities with missions related to health, religion, and environmental causes also received significant support. "