Charles Schwab Recognized as One of the 50 Most Community-Minded Companies in the United States for the Third Year in a Row

Monday, June 17, 2019 1:12 pm PDT

Dateline:

SAN FRANCISCO
"We’re honored to be recognized for our culture of community service – for the third year in a row – by Points of Light"

SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab has been named an honoree of The Civic 50 by Points of Light, the world’s largest organization dedicated to volunteer service, for the third year in a row. The Civic 50 recognizes the most community-minded companies in the United States.

Charles Schwab is committed to investing in communities and to helping people take ownership of their financial futures, and supports a wide range of charitable giving and community service programs. To learn more about Schwab’s commitment to communities, please visit https://www.aboutschwab.com/citizenship.

The Civic 50 provides a national standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to impact their communities. The Civic 50 honorees are public and private companies with U.S. operations and revenues of $1 billion or more, and are selected based on four dimensions of their U.S. community engagement program including investment, integration, institutionalization and impact.

“The Civic 50 truly highlights the commitment of community and civic engagement of America’s leading brands,” said Natalye Paquin, president and CEO, Points of Light. “Points of Light believes that people drive change in addressing society’s growing and most profound challenges. The business community plays an important role in creating and delivering innovative solutions that drive social good in the communities where they live and work.”

“We’re honored to be recognized for our culture of community service – for the third year in a row – by Points of Light,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. “From the beginning, Schwab has been committed to investing in the communities in which we work and live by improving access to financial education, supporting charitable giving and empowering employees to volunteer their time and skills to causes they care about.”

The Civic 50 survey was administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value. The survey instrument consists of quantitative and multiple-choice questions that inform The Civic 50 scoring process. The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities.

Award honorees will be announced at the Points of Light Conference in St. Paul, Minnesota on June 17th.

To learn more about The Civic 50, this year’s 2019 honorees, and insights from this year’s survey, please visit www.Civic50.org.

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. Follow us on TwitterFacebookYouTube and LinkedIn.

About Points of Light

Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities across 37 countries and in partnership with thousands of nonprofits and corporations, Points of Light engages 5 million volunteers in 20 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to www.pointsoflight.org.

Contact:

Mayura Hooper
Charles Schwab
415-667-1525
mayura.hooper@schwab.com

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