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New Report: Vanguard Charitable Donors Have Granted Nearly $1 3 Billion in Response to COVID-19

Share this article Share this article MALVERN, Pa., Dec. 16, 2020 /PRNewswire/ Vanguard Charitable, a leading nonprofit and sponsor of donor-advised funds (DAFs), today released a COVID-19 giving report examining the ongoing philanthropic response to the COVID-19 pandemic. With the country squarely in the middle of the most dangerous wave yet, data from the report shows that despite continued economic upheaval and uncertainty about the country s future, Vanguard Charitable s donors have markedly increased their overall giving. Between February 1, 2020, and November 30, 2020, the total dollar value of grants from DAFs at Vanguard Charitable increased 25% over the same period in 2019. These grants totaled nearly $1.3 billion and supported nonprofits that are directly involved in COVID-19-related relief efforts as well as a host of other 501(c)3 organizations, many of whom faced financial setbacks since the outbreak of the pandemic.

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