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Return of Organization Exempt from Income Tax

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Return of Organization Exempt from Income Tax i i OMB Na 1545-0047 Return of Organization Exempt From Income Tax 010 Foy 990 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) e • Department of the Treasury organization may have to use a copy of this return to satisfy state reporting requirements. Internal Revenue senate ► The 06/30,20 11 A For the 2010 calendar year, or tax year beginning 07 /01 , 2010, and ending D Employer identification number C Name of organization B CMkdapp0cbla VANGUARD CHARITABLE ENDOWMENT PROGRAM 23-2888152 Add- Doing Business As ChrW delivered to street address) Room/surte E Telephone number Nalu rlwnoe Number and street (or P 0 box if mail is not insoimt n P .O. BOX 3075 1 (888) 383-4483 T,min,r,d City or town , state or country , and LP + 4 G Gross receipts $ 1, 252, 777, 132. Ainenrnumdat SOUTHEASTERN, PA 19398-9917 Ainwios F Name and address of principal officer BENJAMIN R. PIERCE H(a) is this a group return for Yes X No p.dna affiliates? P.O. BOX 3075 SOUTHEASTERN, PA 19398 H(b) Are all ainlietes ulcluded '^ L_j Yes No 4947(a)(1 or 527 If *No." attach a list (see instrudona) I Tax-exempt status X 501 (c)(3) I I 501(c) ( ) (insert no ) H(c) Group exemption number N/A J Website : ► WWW. VANGUARDCHAR I TABLE. ORG ► Year of formation 19 97 M State of legal domicile PA K Form of organization - I X Corporation Trust I I Association other ► L I Briefly describe the organization's mission or most significant activities ------------------------------------------- TO INCREASE PHILANTHROPY IN THE UNITED STATES d --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- c ` --------------------------------------------------------------------------------------- its operations or disposed of more than 25% of Its net assets 0 2 Check this box ► J If the organization discontinued 6 . in 3 Number of voting members of the governing body (Part VI, line 1 a) , 3 4 Number of independent voting members of the governing body (Part VI, line 1b) , . .. .. 4 5 . 5 Total number of individuals employed in calendar year 2010 (Part V, line 2a ) . .. .. 5 36. 6 Total number of volunteers (estimate If necessary) 6 0 . 7a Total gross unrelated business revenue from Part VIII, column (C), line 12 7a 0 b Net unrelated business taxable income from Form 99^-T, line 34 ........................ 7b 0 . PriorYear Current Year 8 Contributions and grants (Part Vill, line 1h) 480, 825, 339. 568,626,827. 9 Program service revenue (Part VIII, line 2g ) . ... 0. 0. J m 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . 9,777,139. 28,977,613. ii Other revenue (PartV111, column (A), times 5, Sd, 8c, 9c, 10c, and lie) G. 0. G; 12 Total revenue - add lines 8through 11 (must equal Part VIIl,column (A,Iine12' . 490,602,478. 597,604,440. 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 468,508,883. 480,944,684. 14 Benefits paid to or for members (Part I 0. 0 . 0 . CZ5 1\/ 15 Salaries, other compensation , employe benefits ( X! umn A If 5 ) 3, 896, 083. 4,228,928. C-1 16 a Professional fundraising fees (Part IX, c lumrt (A}, me 1 le) . .. 0. 0. On- b Total fundraising expenses (Pa rt IX, colu r (ID), li^y 2^^ ► _2Q, j_ 91 7 8 ------ r °: ^?==^7ty :7 rr: t ;,,f'r5f?:_'_= • = 111 'j 17 Other expenses (Part IX, column (A), tin x11 11 ^1f-241)) 2, 682, 137. 2, 364, 557 . F-Na 18 Total expenses Add lines 13-17 (must a ual art IX, column4A)-1me 25^^y° - 475,087,103. 487,538,169. 19 Revenue less expenses Subtract line 18 om tin .t . 15, 515, 375. 110, 066, 271. Beginning of Current Year End of Year 20 Total assets (Part X, line 16) .. .. .... .... .. ... 1,933, 2, 362, 567 , 905. 21 Total liabilities (Part X, line 26) 6, 981, 863. 33, 104, 829. z' 22 Net assets or fund balances Subtract line 21 from line 20 1, 926, 899, 333. 2,329,463,076. 17-1 Signature Block under penalties or perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (other than officer) is based on all Information of which preparer has any knowledge Paid ERIC M MCNEIL Preparer Ill. PRICEW, Use Only Flrn's name Firm' s a d dress 10- 2 0 01 MARK kA- 1ke 1DQ .1 - ..,,.... 661.. -..... ...G1..i_ F or Paperwork Reduction Act Notice , see the separate Instructions. J8A 0E70f0 1 000 18674H 1467 Forth 990 (2010) W 2 3-W152371W Page 2 Lia" JTatement OT Program JerviCe ACCOmpllsnments Check if Schedule 0 contains a response to any question in this Part III . .. .. .. .. I Briefly describe the organization's mission: SEE SCHEDULE 0 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? , , , , , , , , , , , , , , q Yes q No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting , or make significant changes in how it conducts, any program services . .... .. .. ... ... .. ... q Yes q No If "Yes," descnbe these changes on Schedule 0. 4 Describe the exempt purpose achievements for each of the organization 's three largest program services by expenses. Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others , the total expenses, and revenue , if any , for each program service reported. 4a (Code : ) ( Expenses $ 485, 309, 047. including grants of $ 490, 944 , 694. ) (Revenue $ SEE SCHEDULE 0 4b (Code: ) (Expenses $ including grants of $ (Revenue $ I 4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ ) 4d Other program services. (Describe in Schedule 0.) (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses ► 485,309,047. SSA Form 990 (2010) 0E1020 1 000 18674H 1467 V 10-8.2 Form 990 23 8152 Page 3 Checklist of Re, Schedules Yes No I Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A .. ... .. .. .. .. .. .. .. .. .. .. .. 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors ? (see instructions) . .. .. 2 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes, "complete Schedule C, Part/ . .. .. .. .. 3 X 4 Section 501 (c)(3) organizations. Did the organization engage in lobbying activities , or have a section 501(h) election in effect during the tax year? If "Yes, "complete Schedule C, Part// . .. .. .. .. .. 4 X 5 Is the organization a section 501 (c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments , or similar amounts as defined in Revenue Procedure 98-19' If "Yes," complete Schedule C, Part /// .......................................................... 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts'? If "Yes," complete Schedule D, Part I . .. .. .. .. ... .. .. .. .. .. 6 X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment , historic land areas , or historic structures ? If "Yes, "complete Schedule D, Part ll. .. .. 7 X 8 Did the organization maintain collections of works of art, historical treasures , or other similar assets ? If "Yes," complete Schedule D, Part Ill .... .. .. .... .. .. .. .. .. .. .. 8 X 9 Did the organization report an amount in Part X , line 21 ; serve as a custodian for amounts not listed in Part X, or provide credit counseling , debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV . .. ... .. .. .. 9 X 10 Did the organization , directly or through a related organization , hold assets in term, permanent, or quasi-endowments? If "Yes, "complete Schedule D, Part V . .. .. .. 10 X 11 If the organization 's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings , and equipment in Part X, line 10? If "Yes, "complete Schedule D, Part VI ....... .. .. ... .. .. .. .. .. .. .. .. 11a X b Did the organization report an amount for investments-othersecurities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes, "complete Schedule D, Part Vll . .. .. .. .. .. .. 11b X c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16'? If "Yes, "complete Schedule D, Part Vlll. .. .. .. • , • , 11c X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16 ? If "Yes, "complete Schedule D, Part IX . .. .. 11d X e Did the organization report an amount for other liabilities in Part X , line 25? If "Yes, "complete Schedule D, Part X lie X f Did the organization 's separate or consolidated financial statements for the tax year include a footnote that addresses the organization 's liability for uncertain tax positions under FIN 48 (ASC740)" If "Yes, "complete Schedule D, PartX . 11f X 12 a Did the organization obtain separate , independent audited financial statements for the tax year'? If "Yes, " complete Schedule D, Parts Xl, XII, and Xlll .
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