| Contribution type | Valuation | Deduction | % of adjusted gross income (AGI) donor can deduct |
|---|---|---|---|
| Cash or cash equivalents | Amount of the check, electronic bank transfer, or wire received by Vanguard Charitable | Amount of donation | Up to 60% of AGI |
| Mutual fund shares | Closing price (net asset value) on the date on which the donor loses control of the donated shares, multiplied by the number of shares donated | If owned for more than 1 year: Fair market value on the valuation date If owned for 1 year or less: Cost basis or current fair market value, whichever is lower | Up to 30% of AGI (if valued at fair market value)1 Up to 50% of AGI (if valued at the lesser of the cost basis or fair market value) |
| Stock or bond shares | Average of the high and low selling prices on the date of contribution, multiplied by the number of units donated | If owned for more than 1 year: Fair market value on the valuation date If owned for 1 year or less: Cost basis or current fair market value, whichever is lower | Up to 30% of AGI (if valued at fair market value)1 Up to 50% of AGI (if valued at the lesser of the cost basis or fair market value) |