Charles Schwab Foundation
The Charles Schwab Foundation is a private foundation based in Lone Tree, Colorado. Its 2024 filing reports two grants totaling $19,659,700, listed as cash gifts paid and matching gifts paid.
Charles Schwab Foundation at a glance
In short: Charles Schwab Foundation gave $19.7M across 2 grants in 2024 (avg $9.8M), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $19,659,700
- +25.3% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $9,829,850
- +25.3% vs 2023
- Median grant
- $9,829,850
- Total assets
- $44,662,171
- +27.9% vs 2023
- Primary geography
- California (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Charles Schwab Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. The filing directs applicants to contact Charles Schwab Foundation and says to see the PDF attachment for additional information about application materials and award restrictions.
- Review Cycle
- See the PDF attachment for additional information.
- Deadline
- See the PDF attachment for additional information.
- Contact
Application contact: Charles Schwab Foundation
Mailing address: 211 Main Street 16Th Floor, San Francisco, CA 94105
Phone: (720) 895-3400
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Charles Schwab Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was CS Cash Gifts Paid ($17.0M). Together the top 2 received $19.7M.
Grant Size Distribution
636 grants across all recorded years
The most common grant size was under $50K: 575 grants of 636 (90%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 87% of grant dollars went to California recipients and 13% to Florida recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Charles Schwab Foundation gives
- Giving grew 63% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $12.0M (2021) to $19.7M (2024). In 2024 it made 2 grants totaling $19.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CS Cash Gifts Paid San Francisco, CA | Various | $17,026,293 |
| CS Matching Gifts Paid Clearwater, FL | Various | $2,633,407 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $44,662,171 | $24,797,516 | $20,432,698 | $19,659,700 | 2 | $20,432,698 | $1,685,086 | $1,836,141 |
| 2023 | $34,932,887 | $19,231,480 | $16,281,370 | $15,694,862 | 2 | $16,281,370 | $787,219 | $1,601,358 |
| 2022 | $30,353,630 | $25,666,314 | $14,702,393 | $14,361,720 | 2 | $14,702,393 | $84,137 | $1,262,187 |
| 2021 | $19,264,373 | $12,956,371 | $12,418,607 | $12,037,420 | 2 | $12,416,056 | $44,860 | $1,035,593 |
| 2020 | $15,981,122 | $17,491,696 | $14,599,425 | $14,342,830 | 628 | — | $68,940 | $634,623 |
Under IRS private-foundation payout rules, Charles Schwab Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2024, the foundation reported two grants totaling $19,659,700. The grants were $17,026,293 to CS CASH GIFTS PAID in San Francisco, California, and $2,633,407 to CS MATCHING GIFTS PAID in Clearwater, Florida. Both were listed with the purpose “VARIOUS.” The filing does not provide a typical grant size.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bernie Clark, Helen H. Loh, Paul Woolway, Catherine Casey, Joe Carberry, Dennis Howard, and Neesha Hathi as directors. It lists Michael Canady as treasurer, Kris Tate as corporate secretary, and Laura Gracia Flor as assistant corporate secretary.
Charles Schwab Foundation is led by Rick Wurster, Chair, President & Bod on every filing since 2023; none of the 16 officers listed in 2024 report compensation.
Officers on the 2024 filing
Rick Wurster
Chair, President & Bod
On filings since 2023
1 hr/week
No compensation reported
Bernie Clark
Board of Director
On filings since 2020
1 hr/week
No compensation reported
Catherine Casey
Board of Director
On filings since 2020
1 hr/week
No compensation reported
Dennis Howard
Board of Director
On filings since 2020
1 hr/week
No compensation reported
Helen H. Loh
Board of Director
On filings since 2020
1 hr/week
No compensation reported
Joe Carberry
Board of Director
On filings since 2020
1 hr/week
No compensation reported
Paul Woolway
Board of Director
On filings since 2020
3 hrs/week
No compensation reported
Neesha Hathi
Board of Director
On filings since 2022
1 hr/week
No compensation reported
J. Christopher Wyse
Board of Director
New on the 2024 filing
1 hr/week
No compensation reported
Jonathan Beatty
Board of Director
New on the 2024 filing
1 hr/week
No compensation reported
Lisa Hunt
Board of Director
New on the 2024 filing
1 hr/week
No compensation reported
Michael Canady
Officer - Treasurer
On filings since 2020
3 hrs/week
No compensation reported
Kris Tate
Officer - Corporate Secretary
On filings since 2022
1 hr/week
No compensation reported
Laura Gracia Flor
Officer - Assistant Corp Secretary
On filings since 2022
1 hr/week
No compensation reported
Paul Talbot
Officer - Assistant Corp Secretary
On filings since 2023
1 hr/week
No compensation reported
Stacy Niedermeier
Officer - Treasurer
Treasurer → Officer - Treasurer, 2024
On filings since 2023
3 hrs/week
No compensation reported
Former officers (5)
- Former: Carrie Schwab-Pomerantz (2020–2023) — Chair, President & Bod
- Former: Steve Anderson (2020–2023) — Board of Director
- Former: Jamal Modir (2020–2022) — Secretary
- Former: William Gisi (2020–2022) — Officer - Assistant Secretary
- Former: Marlene Pelage (2021)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Charles Schwab Foundation
How much does Charles Schwab Foundation give each year?
Charles Schwab Foundation gave $19.7M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15.7M across 2 grants.
How large is Charles Schwab Foundation?
Charles Schwab Foundation reported $44.7M in total assets on its 2024 IRS Form 990-PF. It paid out $20.4M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
How do I apply for a grant from Charles Schwab Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Charles Schwab Foundation make grants?
The 2024 filing reports that 87% of grant dollars went to California recipients and 13% to Florida recipients.
What is Charles Schwab Foundation's EIN?
Charles Schwab Foundation's EIN (Employer Identification Number) is 94-3192615. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Charles Schwab Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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