Total charitable impact
Portfolio Builders
Customize a strategic charitable investment portfolio with individual fund options1 to create a unique, personalized approach to your philanthropy.
Click each fund to learn more.
|
Building blocks Create the basis of your charitable portfolio Investment fees range from 0.02% to 0.11%2 Cash
Money Market
Vanguard Federal Money Market Fund Bonds
Short-Term Bond
Vanguard Short-Term Investment Grade Fund 
Total Bond
Vanguard Total Bond Market Index Fund3
Total International Bond
Vanguard Total International Bond Market Index Fund4 Stocks
Total Equity
View underlying investments5
Total U.S. Stock
Vanguard Total Stock Market Index Fund6 
Total International Stock
Vanguard Total International Stock Index Fund7 |
||
|
Balanced funds Utilize these funds for a broad exposure Investment fees range from 0.05% to 1.61%
Balanced Index
Vanguard Balanced Index Fund8
Wellington
Vanguard WellingtonTM Fund9
TIFF Multi-Asset Fund
Subject to approval for accounts between $100,000 and $1 million. For more information, please call 888-383-4483.10
|
Specific regions Include additional international region exposure to your portfolio Investment fees range from 0.08% to 0.14%
European Stock
Vanguard European Stock Index Fund11
Pacific Stock
Vanguard Pacific Stock Index Fund12
Emerging Markets
Vanguard Emerging Markets Index Fund13
|
|
Other investment options:
Next steps:
1The majority of our Portfolio Builders options are made up of one underlying Vanguard mutual fund. The expense ratios are assessed by the underlying funds and vary based on allocation and account status; Vanguard Charitable does not itself charge investment fees. While they may be invested in mutual funds, the investment options are not themselves mutual funds, nor are they publicly traded. They are not available for investment by any individual or organization apart from Vanguard Charitable. As such, prospectuses only exist for the underlying mutual funds, and not for the Vanguard Charitable investment options.
2Standard account expense ratios utilize the Institutional share class of the underlying Vanguard mutual funds when possible. Select account expense ratios utilize the Institutional plus share class of the underlying Vanguard mutual funds where applicable.
3Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index reflects the performance of the Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009; Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.
4Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged: Includes government, government agency, corporate, and securitized non-U.S. investment grade fixed-income investments, all issued in currencies other than the U.S. dollar and with maturities of more than one year.
555% S&P 500 Index, 15% S&P Completion Index, and 30% Spliced Total International Stock Market Index. Spliced Total International Stock Market Index: Total International Composite Index through August 31, 2006; MSCI EAFE + Emerging Markets Index through December 15, 2010; MSCI ACWI ex US IMI Index through June 2, 2013; and FTSE Global All Cap ex US Index thereafter.
6Total U.S. Stock benchmark: Spliced Total Stock Market Index reflects the performance of the Dow Jones Wilshire 5000 Index through April 22, 2005; MSCI US Broad Market Index through June 2, 2013; and CRSP US Total Market Index thereafter.
7Spliced Total International Stock Market Index reflects the performance of the Total International Composite Index through August 31, 2006; MSCI EAFE + Emerging Markets Index through December 15, 2010; MSCI ACWI ex US IMI Index through June 2, 2013; and FTSE Global All Cap ex US Index thereafter.
8Balanced Composite Index: Weighted 60% Dow Jones U.S. Total Stock Market Index (formerly known as the Dow Jones Wilshire 5000 Index) and 40% Lehman Brothers U.S. Aggregate Bond Index through May 31, 2005; 60% MSCI US Broad Market Index and 40% Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009; 60% MSCI US Broad Market Index and 40% Bloomberg Barclays U.S. Aggregate Float Adjusted Index through January 14, 2013; and 60% CRSP US Total Market Index and 40% Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.
9Wellington Composite Index: 65% S&P 500 Index and 35% Lehman U.S. Long Credit AA or Better Bond Index through February 29, 2000; 65% S&P 500 Index and 35% Bloomberg Barclays U.S. Credit A or Better Bond Index thereafter.
101.61% annualized expense ratio for year-ended 12/31/17. The TIFF Multi-Asset Pool is generally available to accounts with ongoing balances over $100,000. Refer to our Policies and guidelines booklet for more information."
11Spliced European Stock Index reflects performance of the MSCI Europe Index through March 26, 2013; FTSE Developed Europe Index through September 30, 2015; and FTSE Developed Europe All Cap Index thereafter.
12Spliced Pacific Stock Index reflects performance of the MSCI Pacific Index through March 26, 2013; FTSE Developed Asia Pacific Index through September 30, 2015; and FTSE Developed Asia Pacific All Cap Index thereafter.
13Spliced Emerging Markets Index reflects performance of the Select Emerging Markets Index through August 23, 2006; the MSCI Emerging Markets Index through January 9, 2013; the FTSE Emerging Transition Index through June 27, 2013; the FTSE Emerging Index through November 1, 2015; the FTSE Emerging Markets All Cap China A Transition Index through September 18, 2016; and the FTSE Emerging Markets All Cap China A Inclusion Index thereafter.
**The potential for risk in Vanguard funds can be categorized in levels from 1 to 5. Knowing the risk level you are comfortable with and the length of time you expect the assets in the philanthropic account to be invested can help you select an appropriate investment recommendation.
Risk level 1 Vanguard funds are classified as conservative if their share prices are expected to remain stable or to fluctuate only slightly. Such funds may be appropriate for the short-term reserves portion of a long-term investment portfolio, or for investors with short-term investment horizons (three years or less).
Risk level 2 Vanguard funds classified as conservative to moderate are subject to low-to-moderate fluctuations in share prices. In general, such funds may be appropriate for investors with medium-term investment horizons (four to ten years).
Risk level 3 Vanguard funds classified as moderate are subject to a moderate degree of fluctuation in share prices. In general, such funds may be appropriate for investors who have a relatively long investment horizon (more than five years).
Risk level 4 Vanguard funds of this type are broadly diversified but are subject to wide fluctuations in share price because they hold virtually all of their assets in common stocks. These funds may be appropriate for investors who have a long-term investment horizon (ten years or longer).
Risk level 5 Vanguard funds classified as aggressive are subject to extremely wide fluctuations in share price. These funds may be appropriate for investors who have a long-term investment horizon (ten years or longer). The unusually high volatility associated with these funds may stem from a number of strategies.
Any Portfolio Builders option can be combined with other Builders, Portfolio Solutions, and Values-Driven Investment options.
Money Market
Goal:
Seeks to provide income while maintaining liquidity and a stable share price. Invests primarily in U.S. government agency obligations.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Federal Money Market Fund
Benchmark:
U.S. Government Money Market Funds Average
Asset class:
Cash / Money Market
Expense ratio:
Standard expense ratio: 0.11%
Select expense ratio: 0.11%
Management:
Active 
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
The Money Market option may be utilized to maintain an account balance in preparation for immediate giving needs. While donors may grant from Money Market, it is not necessary to make grants solely from this investment option.
Short-Term Bond
Goal:
Seeks current income with limited price volatility and provides exposure to short-term, investment-grade fixed income securities.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Short-Term Investment-Grade Fund
Benchmark:
Bloomberg Barclays U.S. 1-5 Year Credit Index
Asset class:
Bond / Fixed income
Expense ratio:
Standard expense ratio: 0.10%
Select expense ratio: 0.07%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
Donors with ongoing granting plans or current charitable goals may consider utilizing Short-Term Bond. This fund may be used as part of a diversified portfolio aligned to immediate and short-term giving goals.
Total Bond
Goal:
Seeks to provide broad exposure to the investment-grade U.S. bond market.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Total Bond Market Index Fund
Benchmark:
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index
Asset class:
Bond / Fixed income
Expense ratio:
Standard expense ratio: 0.04%
Select expense ratio: 0.03%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
Total Bond may be utilized by donors who are not planning a significant amount of immediate granting, but who are working toward giving goals approximately 2-10 years in the future.
Total International Bond
Goal:
Seeks to provide a diversified portfolio of U.S. dollar hedged, high-quality international bonds.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Total International Bond Index Fund
Benchmark:
Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)
Asset class:
Bond / Fixed income
Expense ratio:
Standard expense ratio: 0.11%
Select expense ratio: 0.07%
Management:
Passive
Returns:
The Fund began operations on October 4, 2018, so performance information is not yet available.
Philanthropic commentary:
A new option to the Vanguard Charitable investment lineup, Total International Bond is designed to provide broad exposure to non-U.S. investment-grade bonds. This option offers diversification and can help reduce volatility of investment returns due to their low correlation to U.S. bonds. It can be aligned with both short-term and long-term goals.
Total Equity
Goal:
Seeks to provide growth of capital through a 100% allocation to U.S. and international stocks.
Risk threshold and granting time horizon:
Underlying funds:
55% Vanguard Institutional Index Fund
15% Vanguard Extended Market Index Fund
30% Vanguard Total International Stock Index Fund
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.06%
Select expense ratio: 0.04%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
Total Equity, a multi-fund investment option, provides broad diversification and offers exposure to market performance of both U.S. and non-U.S. equities. For donors seeking to design their own target asset allocation, or those with a higher risk threshold and long-term granting plans, this low-cost option may be appealing.
Total U.S. Stock
Goal:
Seeks to provide exposure to large-, mid- and small-cap equities diversified across growth and value styles.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Total Stock Market Index Fund
Benchmark:
Spliced Total Stock Market Index
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.035%
Select expense ratio: 0.02%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
Total U.S. Stock is a broadly diversified equity portfolio and aligns with long-term giving goals. For donors looking to grow their charitable assets over time to plan for a large gift or personal legacy, this fund provides that opportunity through equity investments.
Total International Stock
Goal:
Seeks to provide broad exposure across developed and emerging non-U.S. equity markets.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Total International Stock Index Fund
Benchmark:
Spliced Total International Stock Index
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.09%
Select expense ratio: 0.07%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
Total International Stock provides greater diversification of equities, which increases both risk and potential return. Donors with long-term or open-ended philanthropic views may utilize this fund to work toward future giving and legacy goals.
Balanced Index
Goal:
Seeks capital appreciation, current income, and long-term growth of income.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Balanced Index Fund
Benchmark:
Balanced Composite Index
Asset class:
Stock and Bond
Expense ratio:
Standard expense ratio: 0.07%
Select expense ratio: 0.06%
Management:
Passive
Returns:
The Fund began operations on October 4, 2018, so performance information is not yet available.
Philanthropic commentary:
Balanced Index uses an index sampling and passively managed approach, providing a low-cost option with moderate risk to philanthropists who are balancing short- and long-term giving goals.
Wellington
Goal:
Seeks long-term capital appreciation and reasonable current income, with moderate risk.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Wellington™ Fund
Benchmark:
Wellington Composite Index
Asset class:
Stock and Bond
Expense ratio:
Standard expense ratio: 0.25%
Select expense ratio: 0.17%
Management:
Active
Returns:
The Fund began operations on October 4, 2018, so performance information is not yet available.
Philanthropic commentary:
The Vanguard Wellington™ Fund, founded in 1929, is the nation's oldest balanced mutual fund. Investment in Wellington, a low-cost, actively managed option, provides broad diversification across all economic sectors that can serve as a core portion of a donor's overall investment strategy for long-term philanthropy.
European Stock
Goal:
Targets European common stocks and is diversified across developed markets.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard European Stock Index Fund
Benchmark:
Spliced European Stock Index
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.10%
Select expense ratio: 0.08%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
For donors with a long-term granting time horizon, an investment in European Stock provides a portfolio with a larger allocation of stocks in this region and introduces a higher level of risk inherent in international stock investments.
Pacific Stock
Goal:
Targets Pacific-region common stocks.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Pacific Stock Index Fund
Benchmark:
Spliced Pacific Stock Index
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.10%
Select expense ratio: 0.08%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
For donors with a long-term granting time horizon, an investment in Pacific Stock provides a portfolio with a larger allocation of stocks in this region and introduces a higher level of risk inherent in international stock investments.
Emerging Markets
Goal:
Targets emerging markets common stocks.
Risk threshold and granting time horizon:
Underlying fund:
Vanguard Emerging Markets Stock Index Fund
Benchmark:
Spliced Emerging Markets Index
Asset class:
Stock
Expense ratio:
Standard expense ratio: 0.14%
Select expense ratio: 0.11%
Management:
Passive
Returns:
Click here to view investment performance returns.
Philanthropic commentary:
For donors with a long-term granting time horizon, an investment in Emerging Markets provides a portfolio with a larger allocation of stocks in this region and introduces a higher level of risk inherent in international stock investments.
