Thousands of Schwab employees and executives today will roll up their
sleeves to help local charities in more than 150 cities across the
United States as part of The Charles Schwab Corporation’s 12th
annual Schwab Volunteer event. This year’s event is expected to have a
record number of participants, with more than 4,600 Schwab employee
volunteers, benefiting well over 200 charities coast to coast.
Approximately 200 Schwab branch offices around the country will
participate in the week-long event this year.
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Schwab employees provide business consulting to Wellspring Community during a "Skills Marathon" during Schwab Volunteer Week 2014. (Photo by Danny de Zayas/Orange Photography)
“Throughout the year, Schwab employees volunteer their sweat equity and
intellectual capital to help nonprofit organizations build financial
capability for the people they serve,” said Carrie Schwab-Pomerantz,
president of Charles Schwab Foundation. “We see these community service
efforts as an extension of what Schwab does every day, helping people
make the most of their financial resources and achieve their goals.
Schwab Volunteer Week represents a special company-wide effort to rally
our troops, celebrate Schwab’s culture of service and make an extra big
impact in the communities where we live and work.”
Many Schwab Volunteer Week projects are designed to help nonprofits work
toward increasing financial capability and well-being for the people
they serve, but Schwab employees can also sign up for a range of other,
diverse volunteer projects. These include light construction,
landscaping and gardening, painting and cleaning, and meal service.
Benefiting organizations include:
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Youth development organizations such as Boys & Girls Clubs of America,
Junior Achievement and Big Brothers Big Sisters;
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Public elementary and high schools;
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A wide variety of human services and economic development
organizations, including Habitat for Humanity, Goodwill, the Salvation
Army, Dress for Success, Meals on Wheels, Society of St. Vincent de
Paul and Project Night Night.
In addition, Charles Schwab Foundation will provide each participating
nonprofit organization an average grant of $500 as it has done during
Volunteer Week in previous years.
“Schwab volunteers have long contributed to Habitat for Humanity. Our
Denver ReStores support Habitat for Humanity’s Homeownership Program
through the sale of donated building materials and home furnishings.
Schwab volunteers always bring a joy, energy and enthusiasm that make
them a pleasure to work with, and they will be working hard to make the
dream of home ownership a reality for low-income Denver-area families,”
said Alice Goble, manager of Habitat ReStore Volunteer Programs.
Employee volunteer photos will be posted throughout the week and can be
viewed and downloaded here.
To see additional ways Schwab employees donate their time and talents
during Schwab Volunteer Week and throughout the year, watch this video.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public benefit
corporation, funded by The Charles Schwab Corporation and classified by
the IRS as a charity under section 501(c)(3) of the Internal Revenue
Code. The Foundation is neither a part of Charles Schwab & Co., Inc.
(member SIPC) nor its parent company, The Charles Schwab Corporation.
Its mission is to educate, volunteer and advocate on behalf of those in
need so that everyone has the opportunity to achieve financial
well-being. More information is available at www.aboutschwab.com/community_services.
About Charles Schwab
At Charles Schwab we believe in the power of investing to help
individuals create a better tomorrow. We have a history of challenging
the status quo in our industry, innovating in ways that benefit
investors and the advisors and employers who serve them, and championing
our clients’ goals with passion and integrity.
More information is available at www.aboutschwab.com.
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Disclosures
Through its operating subsidiaries, The Charles Schwab Corporation
(NYSE: SCHW) provides a full range of securities brokerage, banking,
money management and financial advisory services to individual investors
and independent investment advisors. Its broker-dealer subsidiary,
Charles Schwab & Co., Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; compliance and trade monitoring solutions; referrals to
independent fee-based investment advisors; and custodial, operational
and trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles Schwab
Bank (member FDIC and an Equal Housing Lender), provides banking and
lending services and products. More information is available at www.schwab.com
and www.aboutschwab.com.
Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose
Value.
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