Charles And Helen Schwab Foundation is located in San Francisco, CA. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education 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 12/2019, Charles And Helen Schwab Foundation generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $24.6m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles And Helen Schwab Foundation has awarded 322 individual grants totaling $162,622,944. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHMENT A
SEE ATTACHMENT B
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristi Kimball Executive Director | 40 | $330,387 | |
Katie Schwab Paige Grants Chair | 1 | $0 | |
Nancy Bechtle Director & Secretary | 1 | $0 | |
Catherine Molnar Treasurer | 2 | $0 | |
Charles R Schwab Chairman | 1 | $0 | |
Helen O Schwab President | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
C Alexander Group Llc | 12/30/14 | $69,810 |
Metis Partner Solutions Llc | 12/30/14 | $73,998 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $54,136 |
Dividends & Interest | $6,639,406 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,518,392 |
Capital Gain Net Income | $4,518,392 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $981 |
Total Revenue | $11,212,915 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $330,712 |
Other employee salaries and wages | $171,196 |
Pension plans, employee benefits | $89,536 |
Interest | $0 |
Taxes | $807,766 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $21,332 |
Printing and publications | $1,180 |
Other expenses | $61,772 |
Total operating and administrative expenses | $1,697,762 |
Contributions, gifts, grants paid | $22,950,031 |
Total expenses and disbursements | $24,647,793 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,331,325 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,270 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $108,598 |
Total assets | $447,745,348 |
Accounts payable and accrued expenses | $426,080 |
Grants payable | $8,825,199 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $6,280,032 |
Total liabilities | $15,531,311 |
Over the last fiscal year, Charles And Helen Schwab Foundation has awarded $46,518,180 in support to 100 organizations.
Grant Recipient | Amount |
---|---|
San Francisco, CA PURPOSE: HUMAN SERVICES | $11,650,000 |
NANTUCKET COTTAGE HOSPITAL PURPOSE: HUMAN SERVICES | $2,017,511 |
NANTUCKET COTTAGE HOSPITAL PURPOSE: HUMAN SERVICES | $1,982,489 |
New York, NY PURPOSE: HUMAN SERVICES | $1,775,000 |
CHARTER SCHOOL GROWTH FUND PURPOSE: K-12 EDUCATION REFORM | $1,600,000 |
Los Angeles, CA PURPOSE: K-12 EDUCATION REFORM | $1,363,424 |
Over the last fiscal year, we have identified 1 grants that Charles And Helen Schwab Foundation has recieved totaling $190,000.
Awarding Organization | Amount |
---|---|
The Oakland Public Education Fund Oakland, CA PURPOSE: FUND THE OAKLAND REACH | $190,000 |
Organization Name | Assets | Revenue |
---|---|---|
Hispanic Scholarship Fund Gardena, CA | $141,362,053 | $86,613,000 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $5,138,444 | $37,232,277 |
Mcconnell Foundation Redding, CA | $356,797,559 | $34,335,188 |
Business For Social Responsibility San Francisco, CA | $18,373,333 | $30,858,266 |
College Track Oakland, CA | $58,821,566 | $30,456,091 |
Making Waves Foundation Inc Richmond, CA | $246,870,428 | $34,390,390 |
Charles And Helen Schwab Foundation San Francisco, CA | $447,745,348 | $11,212,915 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $26,803,865 | $22,913,031 |
Catholic Education Arizona Phoenix, AZ | $25,897,142 | $21,523,181 |
Arizona Tuition Connection Inc Scottsdale, AZ | $27,939,156 | $24,927,577 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |