Vanguard Charitable Rates Why is the Vanguard Charitable Trust giving away billions of dollars to charity?

Why is the Vanguard Charitable Trust giving away billions of dollars to charity?

Vanguard Charitability Trust has given away billions in cash to more than 80 charities since the fund was founded in 1871.

But the charity has not been transparent about how much has been donated.

We’re calling on the trustees to disclose the full amount of charitable grants.

We want to know what’s going to benefit the charity and what it will take to reach our goals, said Tim Sauer, the CEO of Charity Navigator, which monitors the financial performance of the more than 3,500 charities in the U.S.