Thousands of Charles Schwab Employees Unite in Service to Communities Across the Country for Annual Schwab Volunteer Week
22 Abril 2024 - 7:00AM
Business Wire
8,000 Schwabbies support 700 projects serving
350 nonprofits
Building on its decades-long commitment to community service,
8,000 Charles Schwab employees will roll up their sleeves to take
part in Schwab Volunteer Week. Schwab dedicated two full weeks to
employee volunteerism April 22-May 3, offering nearly 700 projects
that will benefit more than 350 nonprofits across the United
States. The annual tradition helps create meaningful connections
and a sense of unity between Schwabbies and the communities where
they live and work.
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8,000 Charles Schwab employees will roll
up their sleeves to take part in Schwab Volunteer Week, serving 350
nonprofits nationwide. (Photo: Business Wire)
“Our giving programs like Schwab Volunteer Week underscore the
importance of service at Schwab – not only for our clients but also
for our communities,” said Rick Wurster, President of The Charles
Schwab Corporation and President and Chair of Charles Schwab
Foundation. “Schwab has always been committed to giving back by
investing our time, talent and financial resources into
strengthening and empowering our local communities.”
Schwab Volunteer Week was designed to make it easy and flexible
for employees to participate, offering on-campus, off-site,
in-person and virtual volunteer projects. A national network of
nearly 200 Schwab community ambassadors played an integral role in
creating projects that address local community needs and align to
causes employees care about. Employees can choose from nearly 700
service projects, including:
- On-campus drop-in projects at all major employment centers to
create care packages for children in the foster care system and
“thank you for your service” kits for military members and first
responders;
- Activities that support food security through preparing and
serving meals, sorting and distributing food donations, and
packaging nutritious meals;
- Community beautification, maintenance and clean-up projects
that promote environmental stewardship and sustainability;
- As well as a variety of other projects in support of disaster
relief preparation, youth education, clothing donations, and animal
well-being.
Financial literacy has long been a core cause for Schwab and a
cornerstone of Schwab Volunteer Week, and this year’s event
features a number of projects focused on financial education,
including:
- Workshops featuring Schwab’s flagship financial literacy
program Moneywise America to empower students with the knowledge,
skills and behaviors to become financially confident;
- Boys & Girls Clubs of America events for teenagers that
simulate real-world financial decisions about career, income and
expenses, and saving and investing, and;
- A variety of service projects with Girl Scouts of the USA,
Junior Achievement and other nonprofit partners that foster
financial capability, entrepreneurism, and career development among
young people and people in under-resourced communities.
In addition to more than 32,000 hours of employee service,
Charles Schwab Foundation will donate up to $575,000 to nonprofits
that participate in Schwab Volunteer Week.
Schwab’s commitment to service is apparent year-round, with more
than 11,400 employees volunteering more than 148,000 hours in 2023
to support nonprofits in communities across the country. Schwabbies
are empowered to serve their communities year-round through a
robust suite of volunteer programs and giving benefits such as paid
time off to volunteer, group volunteer grants, volunteer training
and matching charitable donations.
Schwab has been recognized by Points of Light as one of the 50
most community-minded companies in the United States for seven
consecutive years. Watch a Schwab employee share her volunteerism
story and follow Schwab Volunteer Week on social media at
#Schwab4Good.
About Charles Schwab
At Charles Schwab (NYSE: SCHW) 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, LinkedIn, and
Instagram.
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.schwabmoneywise.com/foundation.
0424-WG6A
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Stephanie Corns Stephanie.corns@schwab.com 415.539.7001
Charles Schwab (NYSE:SCHW)
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