Schwab Volunteer Week Begins in 170 Cities, Benefiting More Than 280 Charitable Organizations
May 22 2017 - 09:00AM
Business Wire
Nearly 6,000 “Schwabbies” Kick Off Week of
Intensive Community Service Projects
As part of a long-standing tradition celebrating Schwab’s
culture of service, thousands of Schwab employees and executives
(“Schwabbies”) today will begin Schwab’s 14th annual week-long
volunteer event by rolling up their sleeves to help local and
national charities. This year’s Schwab Volunteer Week is expected
to break previous years’ records, with nearly 6,000 Schwab employee
volunteers signed up for approximately 500 service projects that
will benefit hundreds of charities coast to coast. Schwabbies will
donate approximately 23,000 volunteer hours during the week, valued
at an estimated $537,000. In addition, Charles Schwab Foundation,
the corporate foundation, will provide a total of close to $144,000
in grants to participating nonprofits during Schwab Volunteer Week,
as it has in years past.
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“Schwab Volunteer Week is absolutely my favorite week of the
year,” said Carrie Schwab-Pomerantz, president of Charles Schwab
Foundation. “Employee volunteerism and philanthropy run deep at
Schwab, but this particular week gives us a special opportunity to
celebrate our esprit de corps and passion for teamwork in order to
make greater impact in the communities where we live and work.”
Many Schwab Volunteer Week projects are designed to help
nonprofits increase the financial capability and well-being of the
people they serve, but Schwab employees can also participate in a
range of other, diverse volunteer projects. These include light
construction, landscaping and gardening, painting and cleaning, and
meal service. Benefiting organizations include:
- Youth development organizations such as
Boys & Girls Clubs of America, Junior Achievement and Big
Brothers Big Sisters;
- Public elementary, middle and high
schools;
- A wide variety of human services and
economic development organizations, including Dress for Success,
Goodwill, Habitat for Humanity, Meals on Wheels, Ronald McDonald
House, and the Society of St. Vincent de Paul.
Employee volunteer photos will be posted throughout the week and
can be viewed and downloaded here. To learn more about how Schwab
contributes to the community, visit this page.
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 www.aboutschwab.com/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 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, 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.
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Charles SchwabSarah Bulgatz,
415-667-0328Sarah.Bulgatz@schwab.com
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