we’re invested in giving back - charles schwab...we’re invested in giving back. we’re invested...

3
We’re Invested in Giving Back We’re invested in making a difference through our time, talents, and financial resources. Coming together for good We understand there are ways that our time, talents, and resources can make a broader impact. That is why we help our people devote their energies to giving back to causes that matter to them and their communities. We are proud to be an honoree of The Civic 50 from Points of Light, recognizing us as one of the 50 most community-minded companies in the country for the third consecutive year. Employee service We encourage and empower employees to volunteer in the communities where we live and work Skills-based volunteering Our employees lend time, talent, and expertise to help nonprofits extend their service and reach Employee giving As part of its larger mission, Charles Schwab Foundation supports a variety of causes selected by Schwab employees Corporate philanthropy We provide direct grants, corporate sponsorships, and disaster relief funding to a variety of nonprofits Schwab Corporate Citizenship | Giving Back

Upload: others

Post on 28-Jul-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: We’re Invested in Giving Back - Charles Schwab...We’re Invested in Giving Back. We’re invested in making a difference through our time, talents, and financial resources. Coming

We’re Invested in Giving BackWe’re invested in making a difference through our time, talents, and financial resources.

Coming together for goodWe understand there are ways that our time, talents, and resources can make a broader impact. That is why we help our people devote their energies to giving back to causes that matter to them and their communities.

We are proud to be an honoree of The Civic 50 from Points of Light, recognizing us as one of the 50 most community-minded companies in the country for the third consecutive year.

Employee serviceWe encourage and empower employees to volunteer in the communities where we live and work

Skills-based volunteeringOur employees lend time, talent, and expertise to help nonprofits extend their service and reach

Employee giving As part of its larger mission, Charles Schwab Foundation supports a variety of causes selected by Schwab employees

Corporate philanthropy We provide direct grants, corporate sponsorships, and disaster relief funding to a variety of nonprofits

Schwab Corporate Citizenship | Giving Back

Page 2: We’re Invested in Giving Back - Charles Schwab...We’re Invested in Giving Back. We’re invested in making a difference through our time, talents, and financial resources. Coming

Our spirit of service

Our spirit of service is driven by our people and championed enthusiastically across Schwab. We support this spirit by offering every employee eight hours of paid time off each year to volunteer in their community. In 2019, our employees volunteered over 48,000 hours to local nonprofits and organizations.

Leading the charge is a group of 128 Schwab Community Ambassadors across all major offices and branches. They’re local and on the ground to focus our effort where it will do the most good. Ambassadors identify community needs, set goals, and coordinate local charitable events and grants. Collectively, they give roughly 5,000 hours of volunteer service every year.

Every year, our culture of service reaches its crescendo during Schwab Volunteer Week, when Schwab employees and executives work side by side in service projects that help local and national nonprofit organizations. The event started in 2003 as a single day of volunteering with a few dozen nonprofits in a handful of cities. Now it has become a week-long effort, a point of pride for thousands of employees working to make a difference with hundreds of organizations in cities across the country.

Since 2010, Charles Schwab Foundation has donated over $37 million in direct grants to organizations like Mobile Loaves and Fishes, led by local Austin hero Alan Graham, who shares our commitment to building a better future in our local communities.

Circle size represents the number of Charles Schwab employee volunteers in each area, and the largest circles highlight our home towns with the highest levels of employee volunteerism.

2Schwab Corporate Citizenship | Giving Back

Page 3: We’re Invested in Giving Back - Charles Schwab...We’re Invested in Giving Back. We’re invested in making a difference through our time, talents, and financial resources. Coming

Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value

Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law (Equal Employment Opportunity policy). Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

© 2020 Charles Schwab & Co., Inc, All rights reserved. Member SIPC. Unauthorized access is prohibited. Usage will be monitored.

0619-94LC

Applying our skills to help propel nonprofits

Our Pro Bono Challenge is a skills-based flash consulting event that enables Schwab employees to focus their time, talents, and expertise to help local nonprofit organizations expand their impact in our communities.

Cross-functional teams of employees provide consulting sessions to help participating nonprofits solve business and operational challenges. Employees contribute a range of skills, from IT and operations to marketing and communications. In 2019, 444 employee volunteers across nine regions provided 73 nonprofits with 3,552 hours of consulting services valued at $692,640.

Schwab also supports our communities through ongoing programs in our service centers and branch network. We provide in-kind donations that include office supplies, refurbished computer equipment, and office furniture. Employees host bake sales, food, equipment, and blood drives; and other fundraisers at Schwab facilities. And we provide administrative help for various nonprofits and make our facilities available for community groups and events.

Employee dollars go further

Our people are generous. In addition to their time and talents, Schwab employees donate consistently to their favorite charities. So we feel it’s only right to celebrate these efforts by participating in them through Schwab’s matching gift program.

Each employee can count on Charles Schwab Foundation to match their charitable donations up to $1,000 per year with an additional $1,000 match available for those who serve on a non-profit board. And so our people step up. Our employee participation in the matching gifts program significantly surpasses the industry average.

Changing futures through corporate philanthropy

Our communities matter. It’s why Charles Schwab Foundation is so passionate about supporting local causes and charitable activities, especially those that support financial literacy development. We channel that passion by providing grants, corporate sponsorships, and disaster relief funding to a variety of nonprofits.

Click here for grant eligibility guidelines.

Corporate philanthropy and employee giving

In addition to our commitment to financial empowerment, Charles Schwab and Charles Schwab Foundation provide financial support to a variety of charities.

$7.1+ millionin direct support to nonprofit organizations annually

2,844nonprofit organizations that received financial support in 2019

Over $4.6 millionin employee gifts and matching donations to 2,155 organizations in 2019

43%of employees used their time-to-volunteer hours