Schwab Employees Across the U.S. Pay It Forward

1,700 Employees Donate Day of Community Service for More Than 65 Non-Profits and Community Organizations in Eight Cities Across the U.S.

Wednesday, May 14, 2008 10:00 am PDT

Dateline:

SAN FRANCISCO

Public Company Information:

NASDAQ:
SCHW

SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation celebrated its fifth annual Schwab Volunteer Day yesterday, during which approximately 1,700 Schwab employees and executives at the companys major centers of employment across the country rolled up their sleeves and spent the day doing intensive volunteer work in their communities.

Locations included Austin; Denver; Indianapolis; Orlando; Phoenix; Richfield, Ohio; San Francisco; and Raleigh, North Carolina, where employees collectively spent over 7,000 hours benefiting approximately 65 nonprofit and municipal organizations. In addition to receiving direct service from Schwab employees, each of the organizations also received a monetary grant from Charles Schwab Foundation.

The organizations where employees volunteered included:

  • Middle schools and high schools
  • Animal welfare and rescue organizations
  • A wide variety of organizations dedicated to providing health, social and human services to seniors, children, women and families
  • Municipal parks, shorelines, gardens and recreation areas
  • Community food banks
  • Centers devoted to music and the arts
  • Boys & Girls Clubs of America
  • Habitat for Humanity
  • Salvation Army
  • Ronald McDonald House Charities

About Charles Schwab

The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.2 million client brokerage accounts, 1.3 million corporate retirement plan participants, 332,000 banking accounts, and $1.4 trillion in client assets. Through its operating subsidiaries, the company 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, http://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; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com.

Charles Schwab Foundation is a private, nonprofit organization created by The Charles Schwab Corporation. Its mission is to give back to the community by supporting employee-selected causes and fostering financial literacy through funding, involvement and expertise. More information is available at www.aboutschwab.com/community. (0508-5300)

Contact:

Charles Schwab
Sarah Bulgatz, 415-636-5940
sarah.bulgatz@schwab.com

Multimedia Files:

Preview image
Schwab employees worked on wide variety of projects, including sorting and packaging food at the San Francisco Food Bank, repainting and helping restore the Bay View Opera House, helping with construction at Habitat for Humanity projects, and weeding out non-native invasive plant species at Golden Gate Park. (Photo: Business Wire)
Preview image
Schwab employees worked on wide variety of projects, including sorting and packaging food at the San Francisco Food Bank, repainting and helping restore the Bay View Opera House, helping with construction at Habitat for Humanity projects, and weeding out non-native invasive plant species at Golden Gate Park. (Photo: Business Wire)
Preview image
One of the projects Schwab employees worked on was weeding out invasive, non-native plant species at Golden Gate Park. (Photo: Business Wire)
Preview image
Schwab employees worked on wide variety of projects, including sorting and packaging food at the San Francisco Food Bank, repainting and helping restore the Bay View Opera House, helping with construction at Habitat for Humanity projects, and weeding out non-native invasive plant species at Golden Gate Park. (Photo: Business Wire)

Corporate Public Relations
Contacts for Journalists Only

 

888-767-5432

Subscribe

Business Wire NewsHQ℠