Schwab Charitable Fund

Schwab Charitable Fund 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.

For the year ending 06/2020, Schwab Charitable Fund generated $4.9b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $3.4b during the year ending 06/2020. While expenses have increased by 22.8% per year over the past 5 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 183,655 individual grants totaling $13,950,574,852. 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

2020

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

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Schwab Charitable Fund Board, Officers & Key Employees

Name (title)Compensation
Kimberly Laughton
President
$712,143
Barbara Benware
VP Oversight/risk
$456,582
Susan Heldman
VP & Controller
$382,861
Fred Kaynor
VP Mkt/bus Development
$368,196
Sam Kang
VP Operations
$344,165
Julie Hattle
Managing Director - Risk
$237,691

Schwab Charitable Fund Vendors

Vendor Name (Service)Compensation
Charles Schwab & Co
Brokerage & Admin Services
$2,868,193
Baker Street Advisors Llc
Asset Management
$824,575
Graystone Consulting Ltd
Asset Management
$633,192
Wetherby Asset Management
Asset Management
$503,190
Jordan Park Group Llc
Asset Management
$486,375
Charles Schwab & Co
Brokerage & Admin Services
$2,868,193
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$4,726,676,097
Noncash contributions included in lines 1a–1f $3,207,786,638
Total Revenue from Contributions, Gifts, Grants & Similar$4,726,676,097
Total Program Service Revenue$0
Investment income $158,400,812
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 $4,885,079,278

Schwab Charitable Fund Grants Awarded

Over the last fiscal year, Schwab Charitable Fund has awarded $6,387,932,916 in support to 69,972 organizations.

Grant RecipientAmount

BLUE JAYS UNLIMITED

Org PageRecipient Profile

Baltimore, MD

PURPOSE: EDUCATION

$404,766,718

BLUE JAYS UNLIMITED

Org PageRecipient Profile

Baltimore, MD

PURPOSE: EDUCATION

$404,766,718

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$103,864,250

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$103,864,250

UCSF CAROL FRANC BUCK BREAST CARE CENTER

Org PageRecipient Profile

San Francisco, CA

PURPOSE: EDUCATION

$50,667,647

UCSF CAROL FRANC BUCK BREAST CARE CENTER

Org PageRecipient Profile

San Francisco, CA

PURPOSE: EDUCATION

$50,667,647
View Grant Profile

Schwab Charitable Fund Grants Recieved

Over the last fiscal year, we have identified 17 grants that Schwab Charitable Fund has recieved totaling $5,184,460.

Awarding OrganizationAmount
Rancho Santa Fe Foundation

Rancho Santa Fe, CA

PURPOSE: FUND CLOSURE & TRANSFER

$2,424,185
Moscicki Family Foundation Inc

Newton, MA

PURPOSE: CHARITABLE

$682,624
Moca Foundation

Gilroy, CA

PURPOSE: DISCRETIONARY GRANTS

$500,000
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE PURPOSES

$301,453
Gunderson Family Foundation

Des Moines, IA

PURPOSE: CHARITY

$290,000
Moca Foundation

Gilroy, CA

PURPOSE: DISCRETIONARY GRANTS

$250,000
View Grant Recipient Profile

Schwab Charitable Fund Peer Organizations

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