Nearly 6,000 “Schwabbies” Kick Off Week of Intensive Community Service Projects
As part of a long-standing tradition celebrating Schwab’s culture of
service, thousands of Schwab employees and executives (“Schwabbies”)
today will begin Schwab’s 14th annual week-long volunteer
event by rolling up their sleeves to help local and national charities.
This year’s Schwab
Volunteer Week is expected to break previous years’ records, with
nearly 6,000 Schwab employee volunteers signed up for approximately 500
service projects that will benefit hundreds of charities coast to coast.
Schwabbies will donate approximately 23,000 volunteer hours during the
week, valued at an estimated $537,000. In addition, Charles Schwab
Foundation, the corporate foundation, will provide a total of close to
$144,000 in grants to participating nonprofits during Schwab Volunteer
Week, as it has in years past.
“Schwab Volunteer Week is absolutely my favorite week of the year,” said
Carrie Schwab-Pomerantz, president of Charles Schwab Foundation.
“Employee volunteerism and philanthropy run deep at Schwab, but this
particular week gives us a special opportunity to celebrate our esprit
de corps and passion for teamwork in order to make greater impact in the
communities where we live and work.”
Many Schwab Volunteer Week projects are designed to help nonprofits
increase the financial capability and well-being of the people they
serve, but Schwab employees can also participate in 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, middle and high schools;
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A wide variety of human services and economic development
organizations, including Dress for Success, Goodwill, Habitat for
Humanity, Meals on Wheels, Ronald McDonald House, and the Society of
St. Vincent de Paul.
Employee volunteer photos will be posted throughout the week and can be
viewed and downloaded here.
To learn more about how Schwab contributes to the community, visit this page.
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
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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