Charles R Schwab Foundation

PALM BEACH, FL EIN: 84-2512121

Charles R Schwab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 5 grants totaling $12.0M. Net investment income was $286K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.4M

-60.6% YoY

Annual Giving

$12.0M

+117.3% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$2.4M

+30.4% YoY

About Charles R Schwab Foundation

Based on IRS filings

Charles R Schwab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 5 grants totaling $12.0M. Net investment income was $286K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaAtlantaChevy ChaseDenverFort WorthHillsboroNew YorkSan FranciscoStanfordStoningtonTempeWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$15M$23M$30M20202021202220232024
Metric202420232022
Total Assets$7,363,418$18,684,802$27,602,645
Revenue$431,017$241,594$250,365
Expenses$3,230,546$26,871,902$20,228,598
Qualifying Distributions$12,126,828$5,581,430$6,984,446
Net Investment Income$285,506$250,382$250,365
Distributable Amount$652,246$878,625$1,331,689

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M4 grants20205 grants20216 grants20223 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

STANFORD UNIVERSITY$11.0MJumpstart Coalition FOR …$300KSociety for Financial Ed…$300KTEACH FOR AMERICA$250KWorking in Support of Ed…$200K

Grant Size Distribution

23 grants across all recorded years

<$50K4$50–100K5$100–250K9$250–500K2$500K–1M$1–5M3$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES R SCHWABCHAIR & PRESIDENT1
CAROLYN SCHWAB-POMERANTZDIRECTOR & SECRETARY1
CATHERINE A MOLNARTREASURER1
WALTER W BETTINGER IIDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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