Retiring Vanguard Charitable President Helped Investors Give $5 Billion

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A Malvern executive has given 17 years of his life to helping other people give away more of their money, and $5 billion in strategic giving testifies to the incredible impact his stewardship of Vanguard Charitable has had on countless nonprofit organizations.

“I am grateful for the opportunity I have had to work for an organization that lives and breathes a strong mission — to increase philanthropy and maximize its impact over time,” retiring president Benjamin Pierce said in a recent company announcement.

Benjamin Pierce
Benjamin Pierce

Pierce’s own mission will be stamped “accomplished” this summer, adorned with several notable accomplishments: The Chronicle of Philanthropy ranked Vanguard Charitable the nation’s 10th-largest nonprofit, two-thirds of its donors claimed they are more strategic with their giving because of it, and it has multiplied its donor list  to 15,000 donors with gifts totalling $5 billion.

“Under Ben’s exemplary leadership over the past 17 years, Vanguard Charitable has become a major force for good in America. Ben and his leadership team have created a culture of continual improvement that has enabled Vanguard Charitable to adapt and evolve for the benefit of our donors and the nonprofits that we support,” Chairman John J. Brennan said in the article.

“Importantly, Ben’s passion for giving back to his community has been a cornerstone of the culture he has created within the Vanguard Charitable organization. On behalf of the entire Vanguard Charitable family, I thank him for his dedication to donors and Vanguard Charitable staff.”

“Importantly, Ben’s passion for giving back to his community has been a cornerstone of the culture he has created within the Vanguard Charitable organization. On behalf of the entire Vanguard Charitable family, I thank him for his dedication to donors and Vanguard Charitable staff.”

 

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