A Look Back at 2020:

Schwab Serving Our Communities


February 22, 2021

During the unprecedented uncertainty of 2020—as people everywhere grappled with the devastating impact of the pandemic—Charles Schwab Foundation and Schwab and TD Ameritrade employees stepped up more than ever to lift those in need while maintaining our focus on financial literacy. Some highlights:

  • More than 6,300 employees volunteered virtually and participated in numerous acts of service.

  • We delivered more than $12 million to nonprofit organizations nationwide, providing frontline workers with medical supplies, support for local foodbanks and community organizations, scholarships for underrepresented students, matching funds for the charities you personally support, and so much more.  

  • We continued our focus on financial literacy and deepened our investment in financial education programs to help empower students, teachers and individuals with trusted and straightforward guidance.

We are proud to share a short video on Schwab’s 2020 community impact, which shows that when we all unite, we can become a powerful force for change.



At Charles Schwab, we’ve always shared a deep commitment to serving our communities.

Schwab Foundation 2020

Schwab Foundation 2020

Opens in popup+ Transcript

Every year presents its own challenges, but 2020 was hands-down one of a kind.

Yet with everything this past year threw at us we focused on what mattered, helping others. Without hesitation we rose to the occasion when people needed us most.

You stepped up when we launched Community 2020, volunteering to help people and nonprofits during the pandemic.

You stepped forward with expertise, and provided free, valuable consulting for struggling nonprofits.

And to wrap up the year, thousands of us across Schwab, TD Ameritrade, and Meals on Wheels took steps together to bring food, handwritten letters, and phone calls, to support the unprecedented number of seniors in need.

In our local schools and at our kitchen tables, learning continues to be a challenge for students, teachers, and parents, and we’re committed to doing everything we can to make access to financial education a little bit easier. 

And with our philanthropy, we helped advance racial equity, funded scholarships at Historically Black Colleges and Universities. We helped provide medical supplies, healthy food, safe housing, educational resources, and opportunity to those struggling during the pandemic. 

To each and every one of you who stepped up during this impossible year, you made hope, comfort, care, and opportunity a little more possible.