Schwab Charitable – Strategic Giving Simplified

In 1999, Schwab Fund for Charitable Giving® was established as a donor-advised fund to encourage strategic charitable giving.

In 2003, we introduced our professionally-managed account, which allows donors to recommend an independent investment advisor to manage the donated assets in their donor-advised account. We were the first leading national donor-advised fund to offer this feature.

In 2004, we began to facilitate (through a charitable intermediary) tax-deductible donations of real estate, private-equity investments, and other non-cash assets, giving donors increased opportunities to donate appreciated assets.

In 2006, we introduced Charitable Trust Services, enabling donors to create charitable trusts to generate income while also contributing to charity and receiving immediate tax benefits. We also aligned our offers around the new Schwab Charitable name to reflect our broadened philanthropic service offering.

In 2008, we introduced our innovative Double Give Program. The Double Give Program allows participants to stretch their philanthropy even further by recommending that a portion of their donor-advised accounts be set aside to guarantee microfinance loans to the world's poorest entrepreneurs, while leaving donated assets in the account invested for potential growth and future granting.

In 2009, we launched our new investment pools. The investment line-up includes a broad range of highly regarded mutual fund families, including American Century, Janus, Manning & Napier, Parnassus, PIMCO and Schwab. The underlying investments for these pools include index and actively-managed funds as well as a socially responsible fund.  All were selected as among the best in class by Schwab Charitable using extensive research provided by the Schwab Center for Financial Research.

We also introduced a Private Foundation Conversion Service for those wishing to explore whether a donor-advised fund might be an appropriate vehicle to help to facilitate their philanthropy, including a simple ten question self-assessment survey.