What is a Charitable Gift Account?

The Charitable Gift Account is the cornerstone offering of Schwab Charitable Fund. Here’s how it works:

1. 1. Open: Establish an account by completing the online fill-and-print application.
2. 2. Fund: Make an irrevocable, tax-deductible contribution of cash or securities valued at $5,000 or more.
3. 3. Invest: The assets of the account are invested for tax-free potential growth to fund future granting.
4. 4. Grant: At any time, you may recommend grants of $100 or more from the account to any public charity.

The Charitable Gift Account offers impressive features that empower donors and improve the effectiveness of giving.

1. Competitive account minimums and fees: Get started with as little as $5,000.
2. A range of investment choices: Recommend investments that match your investment style.
3. A technology edge: Review your account, recommend grants, and research charities online.
4. A customized account: You can choose a name for your account (e.g., “The Jane Smith Fund for the Arts”). In addition, you can name others to be part of your account and involve them in recommending grants.
5. Highly personalized service: Make the most of your giving by drawing upon the knowledge and experience of our staff: we’re here to answer your questions and provide assistance with your account.
6. Educational resources: Learn about strategic philanthropy and research charitable causes online.