Helping build strong financial futures is our top priority. Through financial education programs, employee volunteerism, and community involvement, we strive to make a positive impact in the communities where we live and work.
Charles Schwab Foundation's Money Matters: Make It Count program in partnership with Boys & Girls Clubs of America teaches teens basic money management skills to help them save, spend, and invest wisely.
- 500,000+ teens have completed the program
- 1,700 Boys & Girls Clubs offer the program across the U.S. and on military bases worldwide
- $470,000 awarded in college scholarships through early 2014
- 86% of American teens say they want to learn about personal finance before making mistakes in the real world1
In today's complex financial world, people of all ages and backgrounds are seeking help on the basics of personal finance. That's why Schwab created its award-winning Schwab MoneyWise website and workshops, tackling the topic of money management with hands-on tools and language that's clear, straightforward and engaging.
- $3,800 is the average American family savings account balance2
- 25% of Americans have no savings at all3
- $29,400 is the average student loan debt for 2012 college graduates4
- One-third of Americans ages 30-79 believe a 401(k) is a good place to turn for a loan or withdrawal if they need cash5
Charles Schwab Foundation teamed up with AARP Foundation to develop AARP Finances 50+, an educational program that gives low-income seniors the skills and tools to reduce debt, repair credit, and build savings, along with the motivation to put their financial lives back on track.
- 20 million people over the age of 50 are struggling to make ends meet6
- 50% of workers say they would be able to come up with $2k in the next month if an emergency arose7
- 31% of workers in their 50s and 60s say they're "just getting by"8
- 41% of members of the so-called "sandwich generation" say they provide at least some support to their adult children9