Charles Schwab Donates Nearly One Million Meals to Those in Need During Its Annual “Season of Giving”

Thousands of employee volunteers pack nutritious meals and support families, nonprofits nationwide ahead of the holidays

WESTLAKE, Texas--(BUSINESS WIRE)--To commemorate its annual “Season of Giving,” Charles Schwab employees packed and donated nearly one million meals to families in need across the United States.

Thousands of Charles Schwab employee volunteers across 13 U.S. cities came together to pack nutritious meals that will be distributed to families within their local communities. Charles Schwab Foundation also donated $300,000 to local food banks and nonprofits focused on hunger relief in the communities where Charles Schwab employees live and work.

More than 47 million people, including 1 in 5 children, experience food insecurity each year, according to the USDA's annual Household Food Insecurity in the United States report.

“Food insecurity is a crisis that affects the health, education, and well-being of families and communities. When you have a nutritious meal, it’s so much easier to focus on the things that will help you excel in school, succeed at work, and thrive in life,” said Chris Wyse, head of Corporate Affairs at Charles Schwab and a board member of Charles Schwab Foundation. “At Schwab, one way we help build stronger communities is by working with local food banks and hunger relief organizations to make a meaningful difference for families who need it most.”

During this year’s “Season of Giving,” Charles Schwab employees volunteered more than 6,000 hours to give back to their communities. In addition to meal-packing events, employees hosted in-office drives and volunteer events to maximize outreach and impact. Charles Schwab is committed to supporting local communities year-round, with nearly 10,000 employees volunteering throughout 2024.

To coordinate packaged meal donations, Charles Schwab partnered with Harvest Pack, a humanitarian hunger relief nonprofit.

“One in ten Americans live in a household with food insecurity,” said William McNally, executive director of Harvest Pack. “It’s a pressing issue, but through the support of companies like Charles Schwab that are deeply invested in their local communities, we can help provide families in need with nutritious meals this holiday season.”

For more information, please visit www.aboutschwab.com/season-of-giving.

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 aboutschwab.com. Follow us on X, Facebook, YouTube, and LinkedIn.

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.

About Harvest Pack

Founded in 2012, Harvest Pack is a 501(c)(3) humanitarian organization addressing the issue of food insecurity by supporting volunteers in bringing meal packing events to their local communities. The meals packed at a Harvest Pack event, full of essential vitamins and minerals, are then donated to local nonprofit partners who distribute to food insecure communities. We envision a world where healthy food is accessible to everyone, regardless of where they were born or how much money they have. Visit www.harvestpack.org to learn more about hosting a Harvest Pack event in your community.

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