Schwab Achieves Another Record-Breaking Year of Employee Volunteerism
SAN FRANCISCO–(BUSINESS WIRE)–More than 7,500 Charles Schwab employees will honor Schwab’s
long-standing culture of investing in its communities through
philanthropy and volunteer service by participating in Schwab Volunteer
Week, which kicks off today with a week of volunteer projects that help
local and national nonprofit organizations. This year’s event marks
another record-breaking year for employee participation.
“Schwab Volunteer Week is inspiring and underscores the importance of
service at Schwab—not only for our clients but also for our
communities,” said Carrie Schwab-Pomerantz, president of Charles Schwab
Foundation. “Schwab Volunteer Week is my favorite week of the year. I
love to see our employees come together to apply their time, talents and
resources to support the communities where we live and work.”
Now in its 16th year, Schwab Volunteer Week began as a single
day of service on May 13, 2004 with just over 1,000 employee volunteers
serving 37 nonprofits in seven cities across the country. This year,
Schwab Volunteer Week engages more than 7,500 employees in 166 cities
serving 320 nonprofits on more than 600 volunteer projects. Schwab
employees will provide 30,000+ volunteer hours this year, compared to
4,400 volunteer hours in 2004.
Many Schwab Volunteer Week projects are designed to help nonprofits
increase the financial empowerment and well-being of the people they
serve, and Schwab employees also have the opportunity to give back to
their communities in a variety of ways, including light construction,
gardening, cleaning, and meal service. Benefiting organizations include:
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Youth development organizations such as Boys & Girls Club of America,
Junior Achievement and Big Brothers Big Sisters; - 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, Mobile Loaves and Fishes, Ronald McDonald
House and Society of St. Vincent de Paul.
Follow Schwab Volunteer Week on social media at #Schwab4Good and on
Facebook: @CarrieSchwabPomerantz1,
LinkedIn: CarrieSchwabPomerantz,
and Twitter: @CarrieSchwab.
Learn more at www.aboutschwab.com/schwab-volunteer-week.
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 https://www.aboutschwab.com/citizenship/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 https://www.aboutschwab.com.
Follow us on Twitter, Facebook, YouTube and LinkedIn.
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,
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; 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
Contacts
Mayura Hooper
Charles Schwab
415.667.1525
[email protected]
