EIN 31-1640316

Schwab Charitable Fund

IRS 501(c) type
501(c)(3)
Num. employees
185
Year formed
1999
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Schwab Charitable Fund operates a donor advised charitable giving program that provides useful information, unbiased guidance and advantageous ways to give. Its mission is to increase charitable giving in the United States by offering advantageous ways to give useful information and unbiased guidance. The fund is run by Samuel W Kang and is located in San Francisco, CA.
Total revenues
$7,651,350,396
2022
Total expenses
$5,162,915,749
2022
Total assets
$31,640,075,723
2022
Num. employees
185
2022

Grants made by Schwab Charitable Fund

GranteeGrant descriptionAmount
Johns Hopkins University (JHU)Education$481,844,923
Judicial Education ProjectHuman Services$141,250,000
Fidelity Investments Charitable Gift FundPublic, Societal Benefit$120,864,512
...and 976 more grants made totalling $2,968,478,163

Who funds Schwab Charitable Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$235,346,356
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$235,346,356
National Philanthropic TrustPublic, Societal Benefit$185,204,423
...and 286 more grants received totalling $1,685,204,057

Personnel at Schwab Charitable Fund

NameTitleCompensation
Stephanie ServesChief Financial Officer
Sam KangPresident ,$371,960
Fred KaynorManaging Director , Marketing and Business Development$402,145
Susan HeldmanVice President and Controller$298,245
Doug CampbellManaging Director , Strategy , Offer Management and Analytics$241,401
...and 14 more key personnel

Financials for Schwab Charitable Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,319,326,897
Program services$0
Investment income and dividends$332,023,499
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,651,350,396

Form 990s for Schwab Charitable Fund

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-03990View PDF
2021-062022-02-18990View PDF
2020-062021-04-12990View PDF
2019-062020-10-22990View PDF
2018-062019-05-14990View PDF
...and 9 more Form 990s

Organizations like Schwab Charitable Fund

OrganizationLocationRevenue
Vanguard Charitable Endowment ProgramSoutheastern, PA$3,094,926,210
National Philanthropic TrustJenkintown, PA$14,381,775,406
Fidelity Investments Charitable Gift FundBoston, MA$19,858,151,933
Goldman Sachs Philanthropy Fund (GSPF)New York, NY$1,938,598,082
Silicon Valley Community Foundation (SVCF)Mountain View, CA$3,015,340,623
Direct ReliefSanta Barbara, CA$2,266,763,483
Lilly EndowmentIndianapolis, IN$1,915,656,584
Bill and Melinda Gates Foundation TrustSeattle, WA$28,564,317,333
Musk FoundationAustin, TX$2,554,831,265
Pfizer Patient Assistance FoundationNew York, NY$1,970,128,470
Data update history
January 3, 2024
Received grants
Identified 97 new grant, including a grant for $119,459,204 from Dechomai Foundation
October 25, 2023
Received grants
Identified 18 new grant, including a grant for $6,704,431 from American Endowment Foundation
October 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 19, 2023
Received grants
Identified 189 new grant, including a grant for $153,800,000 from Marble Freedom Trust
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyNational levelTax deductible donations
General information
Address
9800 Schwab Way Co S Queisert
Lone Tree, CO 80124
Metro area
Denver-Aurora-Lakewood, CO
Phone
(800) 746-6216
IRS details
EIN
31-1640316
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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