﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-10-29T13:17:55-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>232699769</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>The Vanguard Group Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% DAVID PETTY</InCareOfNm>
      <BusinessNameControlTxt>VANG</BusinessNameControlTxt>
      <PhoneNum>6106691000</PhoneNum>
      <USAddress>
        <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
        <CityNm>Malvern</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19355</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>David Petty</PersonNm>
      <PersonTitleTxt>CAO,Head of Glabal T</PersonTitleTxt>
      <PhoneNum>6106691000</PhoneNum>
      <SignatureDt>2025-11-15</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>44770324</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>20456397</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>1287144</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>1287144</DividendsNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>21743541</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1287144</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">23000</TaxesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>23000</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>3427211</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>5154643</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>3450211</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>5154643</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>18293330</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1287144</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>554200</CashBOYAmt>
        <CashEOYAmt>438069</CashEOYAmt>
        <CashEOYFMVAmt>438069</CashEOYFMVAmt>
        <AcctRcvblAmt>34039</AcctRcvblAmt>
        <AcctRcvblBOYAmt>0</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>34039</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>34039</AcctRcvblEOYFMVAmt>
        <OtherInvestmentsBOYAmt>25432622</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvOtherSch2">44298216</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>44298216</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>25986822</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>44770324</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>44770324</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabSch">1727432</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabSch">59154</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>1727432</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>59154</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>24259390</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>44711170</NoDonorRstrNetAssestsEOYAmt>
        <DonorRstrNetAssetsBOYAmt>0</DonorRstrNetAssetsBOYAmt>
        <DonorRstrNetAssetsEOYAmt>0</DonorRstrNetAssetsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>24259390</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>44711170</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>25986822</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>44770324</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>24259390</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>18293330</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSch">2158450</OtherIncreasesAmt>
        <SubtotalAmt>44711170</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>44711170</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail />
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>17891</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>17891</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>17891</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>18173</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>2000</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>20173</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2282</OverpaymentAmt>
        <AppliedToESTaxAmt>2282</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>PA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>DAVID PETTY</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6106691000</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>100 VANGUARD BLVDATTN CORPORATE T</AddressLine1Txt>
          <CityNm>MALVERN</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>193352331</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>true</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Aldustus Jordan</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Crystal Hardie Langston</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Director &amp; President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.2</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Beth Morales Singh</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.6</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Lauren Valente</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Director &amp; Chair</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.2</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>David Petty</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Chief Accounting Officer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.3</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Paul Jakubowski</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Director &amp; Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.3</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Jacob Buttery</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Assistant Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.6</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Rashanda Perryman</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Manager</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Joseph Brennan</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.3</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Carrie Simons</PersonNm>
          <USAddress>
            <AddressLine1Txt>100 Vanguard Blvd Attn Corp Tax</AddressLine1Txt>
            <CityNm>Malvern</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>Assistant Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.6</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>26781162</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>840618</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>27621780</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>27621780</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>414327</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>27207453</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1360373</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1360373</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>17891</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>17891</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1342482</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1342482</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1342482</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>5154643</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>5154643</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1342482</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2022</PriorYear1Yr>
        <PriorYear2Yr>2021</PriorYear2Yr>
        <PriorYear3Yr>2020</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr4Amt>7926900</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>1812738</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>885303</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>212612</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>10837553</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>5154643</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>1342482</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>3812161</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>14649714</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>14649714</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>7926900</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>1812738</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>885303</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>212612</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>3812161</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NA</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN ONLINE GIVING FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 645725</AddressLine1Txt>
            <CityNm>PITTSBURGH</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>152645255</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Selected Charitable Company</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO PROVIDE MEANINGFUL SUPPORT, THROUGH FINANCIAL CONTRIBUTIONS, TO NONPROFIT ORGANIZATIONS THAT OFFER LONG-TERM BENEFITS TO COMMUNITIES IN WHICH VANGUARD OPERATES. VG FOUNDATION DONATES TO AMERICAN ONLINE GIVING FOUNDATION (AOGF), AND AOGF DISTRIBUTES GRANTS TO DISCRETED PAYEES.</GrantOrContributionPurposeTxt>
          <Amt>5154643</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>5154643</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN ONLINE GIVING FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 645725</AddressLine1Txt>
            <CityNm>PITTSBURGH</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>152645255</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>TO PROVIDE MEANINGFUL SUPPORT, THROUGH FINANCIAL CONTRIBUTIONS, TO NONPROFIT ORGANIZATIONS THAT OFFER LONG-TERM BENEFITS TO COMMUNITIES IN WHICH VANGUARD OPERATES. VG FOUNDATION DONATES TO AMERICAN ONLINE GIVING FOUNDATION (AOGF), AND AOGF DISTRIBUTES GRANTS TO DISCRETED PAYEES. SEE EXHIBIT FOR DETAIL.</GrantOrContributionPurposeTxt>
          <Amt>0</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1287144</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp />
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1287144</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1287144</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>The Vanguard Group Inc</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>100 Vanguard Blvd</AddressLine1Txt>
          <CityNm>Malvern</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19355</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>20456397</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ST INV GRADE - UNRESTRICTED</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>232912</BookValueAmt>
        <EOYFMVAmt>232912</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FEDERAL MONEY MARKET</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>20000000</BookValueAmt>
        <EOYFMVAmt>20000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BALANCED INDEX</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>24065303</BookValueAmt>
        <EOYFMVAmt>24065303</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAIN ON INVESTMENTS</Desc>
        <Amt>2158450</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>PAYABLE TO VANGUARD FUND</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>59154</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>GRANTS PAYABLE</Desc>
        <BOYBookValueAmt>1727432</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX PAYMENT</CategoryTxt>
        <Amt>23000</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>