We are honored to be recognized as one of America’s 50 most community-minded companies by Points of Light in The Civic 50 2017 rankings. Schwab was named to The Civic 50 based on how extensively we apply our resources to community engagement, align our philanthropic work with key business functions, support community through organizational policies, and measure the social and business impact of our programs.

Read The Civic 50 press release

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.

Watch the video to learn more

Charles Schwab has teamed up with DonorsChoose.org to support innovative financial education projects in classrooms across America. Every dollar donated to financial literacy-focused projects on DonorsChoose.org will be matched by Charles Schwab. And to help teachers build the skills and confidence to teach personal finance, Schwab will provide a double match for donations supporting financial literacy professional development opportunities. Whether it’s learning how to create a budget, reading books with a financial focus, or playing games with a currency, it’s important for students to start learning early. We’re proud to offer this special match to support teachers and advance financial education in classrooms nationwide.  

Learn more about the classroom match

Learn more about the teacher development match

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.

 

  • Approximately 725,000 teens have completed the program
  • 1,700 Boys & Girls Clubs offer the program across the U.S. and on military bases worldwide
  • More than $516,000 awarded in college scholarships to close to 300 Club teens through 2016
  • 86% of American teens say they want to learn about personal finance before making mistakes in the real world1

 

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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
  • Half of American households have no retirement savings3
  • $28,950 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

 

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Charles Schwab Foundation provides financial support to a variety of charities and community events selected by Schwab employees.

  • $4+ million given annually to directly support nonprofit organizations
  • 2,350 nonprofit organizations received financial support in 2016
  • $3.96 million given in employee gifts and matching donations in 2016
  • Approximately $240,000+ given in employee board-service grants in 2016 

View more images from Schwab Vounteer Week.

Recognizing Outstanding Community Service

Schwab employees have always been passionate about getting involved and making a positive difference in peoples’ lives. The Outstanding Community Service Award honors two individuals every year who demonstrate an exemplary and longstanding commitment to their communities. To learn more about the amazing accomplishments of our 2016 winners, as well as previous winners, click the images to tour the winners’ profiles.

Jeri Ellison-Beauford, Denver
Financial Literacy Award | 2016

Kris Anest, Phoenix
Community Service Award | 2016

Alonzo Anthony | 2015

Phoenicia Fitts | 2015

Rich Wulforst | 2014

Elmer Rodriguez | 2014

Evin Moore | 2013

Brian Sanchez | 2013

Bryce Harman | 2012

Brian Howell | 2011

Diane Jacobs | 2010

Cindy Mick | 2009

Meet Carrie Schwab-Pomerantz, Board Chair and President, Charles Schwab Foundation

Carrie Schwab-Pomerantz, CFP®, is a leading advocate for financial literacy and one of America's most trusted sources for financial advice. As leader of Schwab Community Services as well as board chair and president of Charles Schwab Foundation, she is devoted to making investing more accessible to the American public, helping men and women from all walks of life to take better control of their finances.

View Bio

Read Our Grant Selection Criteria

Charles Schwab Foundation provides direct grants to nonprofit organizations that support Schwab's commitment to financial literacy and respond to local cultural and social needs.

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1 2011 Charles Schwab Teens & Money Survey

2 Federal Reserve data, 2012

3 Government Accountability Office data, 2015

4 Project on Student Debt, 2014

5 2014 Charles Schwab Money Myths Survey

The Charles Schwab Foundation is a nonprofit, private foundation, classified by the IRS as a charity under section 501(c),(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company The Charles Schwab Corporation. Neither the Charles Schwab Foundation nor the Charles Schwab Corporation are affiliated with DonorsChoose.org.

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Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.

The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.

Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support services of Schwab. Independent investment advisors are not owned, affiliated with, or supervised by Schwab. Schwab Retirement Plan Services, Inc. provides recordkeeping and related services with respect to retirement plans.

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