| Vanguard Charitable

A new sense of purpose

For many donors, the COVID-19 crisis has added new clarity to their charitable giving.

 

“My wife Carolyn and I have always focused on being very efficient with donations, but with today’s urgent need we’ve relaxed our process,” said donor Andrew Chatham. “To help organizations working to mitigate the economic consequences, we immediately gave to the local food pantry, along with Tipping Point Community and GiveDirectly, both of which focus on supporting those in poverty.”

 

But Andrew and Carolyn also wanted to support medical efforts. They were thrilled to learn about Assist International’s Step Up in Crisis program and its mission to deliver medical supplies and equipment to hard-hit areas in the U.S. They recommended a grant to help the organization acquire personal protective equipment (PPE) for front-line hospital workers—without driving up prices.

 

Corporate donors have also leapt in to help. NRG Energy has already surpassed its goal to grant $2 million through its DAF to front-line relief efforts. The Princeton, N.J.-based company has recommended grants to 55 unique organizations, with a focus on supporting first responders, educators, and small businesses. They’ve also distributed $450,000 to a fund at the Emergency Assistance Foundation to help support any of their own employees affected by the crisis. 

 

“Our front-line efforts are aimed at providing support at the local level in the places we work, so that our grants can have the greatest community impact,” the organization reported.

Tom and Kathy are just one example of the many Vanguard Charitable donors who have answered the call as the pandemic sweeps the globe.

 

On the other side of the country in California’s Bay Area, Eugene Jhong quickly searched for organizations that could make an immediate and pivotal impact. He decided to grant to Flexport.org, a nonprofit that facilitates the rapid and efficient delivery of much-needed aid supplies across the world, and Second Harvest of Silicon Valley, a local food bank providing healthy meals to those in need. His grants to these two charities totaled $200,000.

 

“Both organizations have already made a huge difference in tackling some of the most pressing challenges,” Eugene said.

“This crisis is a great time to help others. Everyone has something to contribute. I am using my accounting skills to help small businesses apply for Small Business Administration loans.”

“We appreciate the speed with which Vanguard Charitable has approved and issued our pandemic response grant requests to local organizations dealing with food and shelter for those most at risk.”

Anonymous survey: Donors respond to COVID-191

 

“Of all the benefits of having a Vanguard Charitable DAF, it never occurred to us that we might be uniquely able to respond to the needs of our community in an emergency. To be able to lump several years’ worth of donations to charities at this time of greatest need is a privilege.”

 

“We like to think of an organization, each week, that would benefit from our help. Hopefully we can all keep giving to those who need it most. 

 

“My personal motivation is that giving is potentially the most impactful thing I can do to help at this time.”

3. Bill & Melinda Gates Foundation, Victoria Vrana

 

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On Episode 3 of the Value in Giving podcast, Victoria Vrana, Deputy Director of Policy, Systems and Giving by All at Bill & Melinda Gates Foundation, speaks with Jane Greenfield about the unique and critical role the Gates Foundation is playing in COVID-19 relief. Victoria shares insights from the front lines of the Gates Foundation’s role in COVID-19 treatment development, vaccine development, and health initiatives across the globe. Additionally, the two discuss how charitable organizations and individuals can give back during the world’s most critical time of need.

2. UNICEF USA, Michael Nyenhuis

 

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On Episode 2 of the Value in Giving podcast, Michael Nyenhuis, President and CEO of UNICEF USA, speaks with Jane Greenfield about how his organization is supporting children around the world before, during and after the COVID-19 pandemic. As the newly appointed leader of the organization, Michael shares a bit about his philanthropic background and how one of America's most recognizable charities is fighting the Coronavirus by delivering needed medical supplies and educational solutions to those who need them most. To view the celebrity-filled, special event Michael references in the podcast, visit www.unicefwontstop.org.

1. Silicon Valley Community Foundation, Nicole Taylor 

 

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On Episode 1 of the Value in Giving podcast, Nicole Taylor, President and CEO of the Silicon Valley Community Foundation, speaks with Jane Greenfield about the importance of supporting COVID-19 relief efforts through philanthropy. Nicole shares more about how her background as a public school teacher inspired her to be an agent of change and how the Silicon Valley Community Foundation and its donors are working to alleviate the serious inequalities in our communities brought to light by COVID-19.

Season 1 Host

Jane Greenfield

 

Jane Greenfield

President Emeritus

 

The Value in Giving Podcast, season one, is hosted by Jane Greenfield, President Emeritus of Vanguard Charitable, who successfully led the organization from 2015 to 2021. Jane, who previously served as a principal at Vanguard, rejoins the firm’s Institutional Investor Group as a member of its senior leadership team.

Guiding your clients through times of uncertainty
Guiding your clients through times of uncertainty

#GivingTuesdayNow a conversation with the organization behind the movement

May 04, 2020

Vanguard Charitable talks with #GivingTuesdayNow. A global day of giving and unity on May 5, 2020, as an emergency response to the unprecedented need caused by COVID-19. At a time when we are all experiencing the coronavirus pandemic, generosity gives everyone the power to make a positive change in the lives of others.

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