How to Transfer from Vanguard to Fidelity DAF
Genericized 29 OCT 2022 (last tested November 2022)
This process has been tested by contributing Vanguard Mutual Fund shares from a Vanguard Brokerage Account to a Fidelity Donor Advised Fund. It may be appropriate (and slightly different questions in the securities sections) if you are contributing 3rd party Mutual Funds, ETFs or Common Stocks (I just haven't tested those use cases.)
Historical Timing Experience
I am going to list my personal experience with transfer times as I do this annually, any other users of this process can let me know their timing for different types of securities and I will report here. I am most likely only going to be transferring Vanguard Mutual fund assets in the foreseeable future.
November 2022 - Transfer shares of VIGAX (Vanguard Growth Index Fund)
Forms submitted: 10/31/22 (Sunday)
Funds left Vanguard: 11/3/22 (Thursday)
Funds arrive at Fidelity: 11/3/22 (Thursday)
Funds sold into DAF allocation: 11/4/22 (Friday) - Settlement date: 11/7/22 (Monday)
Process Involves Four Steps
Identify the shares you wish to donate to Fidelity Charitable.
Fill out the form at Fidelity to identify the source and details of the shares to be donated.
This creates a record of an incoming donation at Fidelity.
Print the form as a reference only, no need to mail to Vanguard.
Use the online form at Vanguard to make the donation, this allows for specifying lots, etc. and controls the date of execution a bit.
There is a PDF version that can be a bit faster if time is of the essence, must be submitted via secure message to our Flagship Representative.
Follow the status on both sites until transaction completes.
1. Identify Shares to be donated from Vanguard Brokerage
General rules: pick the shares that are the most appreciated, have at least 1 year holding period and are most overweight in the portfolio asset allocation.
Fund Ticker: ___________
Fund Share Count: ___________
Date Shares were acquired: ____________
2. Fill out the Fidelity Form
How to access the Fidelity DAF LOI Form
Login to fidelity.com
Select the Account and Positions form and click on Fidelity Charitable
Select “Fund your Giving Account”
Select “From a Non-Fidelity brokerage account”
Fill out the form with the data below
Delivering firm name:
Vanguard Brokerage Services
Phone: (Vanguard Phone Number)
Street address: (Vanguard - Overnight)
455 Devon Park Drive
Wayne, PA 19087-1815
Account # at Delivering Firm
<<Use your Vanguard Brokerage Account #>>
This is an account that is owned by an entity (e.g., a corporation, LLC, or trust)
No – leave unchecked (as appropriate)
Complete the form, click next,
Securities to contribute
Enter the Security Information collected in Step 1 of this document.
Click next, and save a PDF copy of the LOI, just save for reference, do not forward to Vanguard (Step 3 initiates the process at Vanguard).
3. Fill out Vanguard Form
How to find the Vanguard Gifting Form
Login to Vanguard.com
In the search box enter the following string:
Give Shares or Securities to an Individual or Organization
Select the online form for this activity and follow steps to do an online form
Do you want to continue? (for completing a gift transfer?)
Yes, click next.
Tell us about recipient
Other financial institution,
0226, click next.
Do you want to continue?
Yes, click next.
Verify your information.
If correct, choose, yes, click next.
Choose a non-retirement brokerage account to gift from
<<Choose the brokerage account as appropriate >>
Assets to Gift
1 (or however many) and chose the fund and shares identified in Step 1 of this document.
Are you gifting to Charity?
Would you like to reveal your identity to the charity?
Is your gift valued over $1M?
<<yes or no>>
Please select you receiving type firm.
Name of Receiving brokerage firm
National Financial Services LLC
Name of Individual, Trust or Organization (Name of Charity aka For Benefit of)
Fidelity Charitable Giving Account XXXXXXX
Review and submit form.
Note: this is the public account number for all DAF transfers. See this form for details.
Backup information, Just in case (but not on online form)
Fidelity Charitable Phone
PO Box 770001
Cincinnati, OH 45277-0053
Fidelity Charitable Gift Fund
100 Crosby Parkway
Mail Zone KC1D-FCS
Covington, KY 41015-9325
4. Transfer Request Status
The status of the Vanguard form can be checked at
My accounts > Balance and holdings > Cost basis accounting > Gifted Shares
It may take up to two days for status to show on this page after submittal. This request is the action that makes the transfer happen.
The status for the Fidelity LOI can be checked on Fidelity Charitable at:
History > Contribution History
Note, this form does not trigger any action at Fidelity, it only prepares the account to receive the transfer from Vanguard. The initiation of the transfer is performed by Vanguard. Fidelity only responds to the transfer request.