Charles Schwab Employees Mobilize to Support Local Communities During Volunteer Week

More than 8,500 employees supported 350 nonprofits through in-person and virtual service nationwide

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab once again brought employees together across the country for its annual Schwab Volunteer Week, a long-standing initiative dedicated to supporting local communities. This year’s effort engaged more than 8,500 employees in more than 10,000 volunteer opportunities and served 350 nonprofits nationwide.

Schwab’s approach to community engagement extends year-round. In 2025, nearly 13,000 employees contributed more than 156,000 hours in support of 555 nonprofits. Through benefits such as paid volunteer time off, charitable donation matching, and volunteer donation credits, Schwab continues to invest in creating opportunities for employees to give back to their communities in ways that are meaningful to them.

An annual signature employee volunteerism event as part of Schwab's year-round commitment to community service, Schwab Volunteer Week offers a mix of in-person and virtual opportunities that reflect the causes employees care about most. Projects are organized in collaboration with nonprofit partners and guided by Schwab’s network of employee community ambassadors, who help identify local needs and coordinate volunteer efforts across regions.

“More than 8,500 Schwab employees showed up this week across hundreds of communities, teaching financial literacy, preparing meals, building care packages, and so much more,” said Chris Wyse, Chief Corporate Affairs Officer at Charles Schwab. “That kind of commitment doesn't happen by accident. It reflects who our people are and what this company stands for, and it's something we work to sustain every day of the year."

Charles Schwab Foundation granted more than $500,000 to nonprofits that participated in Schwab Volunteer Week, building on a more than $100 million investment in communities and financial literacy over the past decade. Throughout the week, employees engaged in a wide range of activities, including teaching financial literacy, organizing donations, distributing meals, assembling care packages for vulnerable populations, and supporting environmental sustainability efforts such as clean-ups and community gardening. Additional projects focused on disaster relief, youth development, and access to essential resources.

About Charles Schwab

At Charles Schwab (NYSE: SCHW), we believe in the power of investing to help individuals create a better tomorrow. Our history of challenging the status quo has led to innovations that benefit investors, as well as the advisors and employers who serve them. Learn more at www.aboutschwab.com and follow us on social media.

About Charles Schwab Foundation

The Charles Schwab Foundation is an independent nonprofit public benefit corporation funded by The Charles Schwab Corporation. The Foundation advances financial well-being through education, volunteerism, and advocacy, working to expand access to financial knowledge and resources. Learn more at www.schwabmoneywise.com/foundation.

The Charles Schwab Foundation is a nonprofit, private foundation, 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.

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