Our History & Evolution

Schwab Fund for Charitable Giving® was established in 1999 to encourage strategic charitable giving. As we’ve grown over the subsequent years, it has been gratifying to know we're having a significant positive impact, which we attribute to our highly-personalized service and our commitment to continued innovation.

In 2003, we introduced Charitable Asset Management, which allows donors to recommend an independent investment advisor to manage the donated assets in their Charitable Gift Account. We were the first leading national donor-advised fund to offer this feature.

In 2004, we lowered the account minimum required for Charitable Asset Management from $500,000 to $250,000, making this level of flexible, personalized management accessible to many more donors.

Additionally, in 2004, we became able to facilitate, through a charitable intermediary, tax-deductible donations of real estate, private-equity investments, and other non-cash assets, giving donors increased funding possibilities.

In 2006, we introduced Charitable Trust Services and created Schwab Charitable in order to reflect the broadened philanthropic service offering. Charitable Trust Services greatly enhances our ability to further our mission of increasing charitable giving in the United States.

Also in 2006, to align our offers around the new Schwab Charitable name, our donor-advised fund began doing business as Schwab Charitable Fund.