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 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.
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
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