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

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.

Contacts

Mayura Hooper
Charles Schwab
415-667-1525
[email protected]

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.