7,500+ Schwab Employees to Serve 320 Nonprofits Nationwide During Schwab Volunteer Week
May 20 2019 - 10:00AM
Business Wire
Schwab Achieves Another Record-Breaking Year of
Employee Volunteerism
More than 7,500 Charles Schwab employees will honor Schwab’s
long-standing culture of investing in its communities through
philanthropy and volunteer service by participating in Schwab
Volunteer Week, which kicks off today with a week of volunteer
projects that help local and national nonprofit organizations. This
year’s event marks another record-breaking year for employee
participation.
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“Schwab Volunteer Week is inspiring and underscores the
importance of service at Schwab—not only for our clients but also
for our communities,” said Carrie Schwab-Pomerantz, president of
Charles Schwab Foundation. “Schwab Volunteer Week is my favorite
week of the year. I love to see our employees come together to
apply their time, talents and resources to support the communities
where we live and work.”
Now in its 16th year, Schwab Volunteer Week began as a
single day of service on May 13, 2004 with just over 1,000 employee
volunteers serving 37 nonprofits in seven cities across the
country. This year, Schwab Volunteer Week engages more than 7,500
employees in 166 cities serving 320 nonprofits on more than 600
volunteer projects. Schwab employees will provide 30,000+ volunteer
hours this year, compared to 4,400 volunteer hours in 2004.
Many Schwab Volunteer Week projects are designed to help
nonprofits increase the financial empowerment and well-being of the
people they serve, and Schwab employees also have the opportunity
to give back to their communities in a variety of ways, including
light construction, gardening, cleaning, and meal service.
Benefiting organizations include:
- Youth development organizations such as
Boys & Girls Club 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, Mobile Loaves and
Fishes, Ronald McDonald House and Society of St. Vincent de
Paul.
Follow Schwab Volunteer Week on social media at #Schwab4Good and
on Facebook: @CarrieSchwabPomerantz1, LinkedIn:
CarrieSchwabPomerantz, and Twitter: @CarrieSchwab. Learn more at
www.aboutschwab.com/schwab-volunteer-week.
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 https://www.aboutschwab.com/citizenship/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 https://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, http://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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Mayura HooperCharles
Schwab415.667.1525mayura.hooper@schwab.com
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