Schwab Charitable Fund

Organization Overview

Schwab Charitable Fund is located in San Francisco, CA. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwab Charitable Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Schwab Charitable Fund generated $10.1b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $4.8b during the year ending 06/2022. While expenses have increased by 21.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Schwab Charitable Fund has awarded 307,982 individual grants totaling $25,310,011,862. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATING A DONOR ADVISED CHARITABLE GIVING PROGRAM THAT PROVIDES USEFUL INFORMATION, UNBIASED GUIDANCE AND ADVANTAGEOUS WAYS TO GIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Charles Schwab & Co
Brokerage & Admin Services
$4,985,847
Graystone Consulting Ltd Morgan Stanley
Asset Management
$1,687,476
Baker Street Advisors Llc
Asset Management
$980,325
Jordan Park Group Llc
Asset Management
$837,968
Wetherby Asset Management
Asset Management
$656,154
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,756,212,341
Noncash contributions included in lines 1a–1f $6,104,723,262
Total Revenue from Contributions, Gifts, Grants & Similar$9,756,212,341
Total Program Service Revenue$0
Investment income $318,447,837
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,074,660,178

Grants Awarded

Over the last fiscal year, Schwab Charitable Fund has awarded $4,552,267,447 in support to 46,203 organizations.

Grant RecipientAmount

JOHN HOPKINS UNIVERSITY

Org PageRecipient Profile

Baltimore, MD

PURPOSE: EDUCATION

$192,205,037

85 FUND

PURPOSE: HUMAN SERVICES

$141,500,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$129,103,529

NATIONAL PHILANTHROPIC TRUST

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$91,776,967

CANTOR ARTS CENTER AT STANFORD UNIVERSITY

Org PageRecipient Profile

Redwood City, CA

PURPOSE: EDUCATION

$89,211,573

GLOBAL SUPPORT AND DEVELOPMENT

Org PageRecipient Profile

Redwood City, CA

PURPOSE: HUMAN SERVICES

$64,899,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Schwab Charitable Fund has recieved totaling $119,345.

Awarding OrganizationAmount
The Gelman-Shkury Family Foundation

Wilmington, DE

PURPOSE: GELMAN SHKURY FOUNDATION DONOR ADVISED FUND

$111,845
Conroy Family Foundation Inc

Madison, WI

PURPOSE: MAUREEN FIELDER SCHOLARSHIP FUND

$7,500
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Tides Foundation
San Francisco, CA
$863,481,509
San Francisco Foundation
San Francisco, CA
$341,484,551
The Clear Fund
Oakland, CA
$206,158,416
United States Energy Foundation
San Francisco, CA
$181,891,970
Fh Association
Phoenix, AZ
$107,705,615
City Fund
Beaverton, OR
$115,823,271
The Albertsons Companies Foundation
Pleasanton, CA
$81,616,776
Second Harvest Of The Greater Valley
Manteca, CA
$51,004,614
Community Initiatives
Oakland, CA
$57,867,676
Tipping Point Community
San Francisco, CA
$55,633,961
Dagmar Dolby Fund
Novato, CA
$8,168,589
California Health Foundation And Trust
Sacramento, CA
$36,749,563

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