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TD Ameritrade & Schwab Charitable:

Maximize your Philanthropic Impact

Schwab Charitable™ has been helping clients achieve maximum impact with their charitable giving for over 20 years, and we welcome the opportunity to extend our support to TD Ameritrade clients.

Simply open a donor-advised fund account with Schwab Charitable online or through paper forms and contribute cash or appreciated non-cash assets such as publicly traded stock, mutual funds, or ETFs from your existing TD Ameritrade brokerage account or other sources. Our charitable specialists will work with you step by step through the asset transfer process.

To get started, enter your information below to open an account.

How an account works

1: Contribute

Open an account and contribute cash or appreciated securities like publicly traded stock, mutual funds or ETFs, or other non-cash assets held for more than a year. Schwab Charitable is a 501(c)(3), so your contribution is tax-deductible, if you itemize deductions. This means that you can claim a fair market value charitable deduction for the tax year in which the contribution was made, and you can potentially eliminate the capital gains tax you would otherwise incur if you sold the assets and donated the proceeds.* The potential elimination of capital gains tax may increase the amount available for your favorite charities and causes by up to 20% depending on your personal income tax level.

Learn about contribution options

2: Invest

Recommend how the assets in your account are invested for potential tax-free growth with the objective of having even more to give to charity. Choose from among 15 diverse investment pools that are carefully screened by Schwab Center for Financial Research.† If your account is over $250,000, you may appoint a registered investment advisor** to help manage the portfolio, incorporating an even broader range of investment options available through Schwab.

Learn about investment options

3: Grant

Recommend grants of $50 or more at any time to an eligible charity. All assets in your account are exclusively for charitable giving, so you have the flexibility to give now or over time to provide ongoing support. Recommend grants online or through the Schwab mobile app. Visit SchwabCharitable.org for online resources to help with researching charities and supporting unforeseen needs such as COVID-19 and natural disasters.

Learn about granting options 
 

 
Contact us

Once you have opened your Schwab Charitable account, you may fund your account with irrevocable contributions of cash, appreciated securities or other non-cash assets. Consider donating appreciated non-cash assets held more than one year as a tax-advantaged way to maximize your impact. Complete the transfer of your assets from TD Ameritrade with these three simple steps:

  1. Complete the TD Ameritrade Transfer Out Form.
  2. Be sure to include your new Schwab Charitable account number on your TD Ameritrade Transfer Out Form.
  3. Return the completed Transfer Out Form to TD Ameritrade using the delivery instructions on the form.

Note: a Schwab Charitable Transfer of Assets Form is not needed and should not be completed.

Learn more

Have your questions answered by a charitable specialist at 855-490-0269.

Disclosure

* A donor’s ability to claim itemized deductions is subject to a variety of limitations depending on the donor’s specific tax situation.

† Market fluctuations may cause the value of investments held in a donor-advised fund account to be worth more or less than the value of the original contribution to the funds.

** Professionally managed accounts are available only through registered investment advisors working with Schwab Advisor Services™, a business segment of The Charles Schwab Corporation serving independent investment advisors and including the custody, trading, and support services of Charles Schwab & Co., Inc. Although donors may recommend an advisor, Schwab Charitable must approve the recommendation. Advisors must meet certain eligibility requirements and adhere to fee and investment guidelines. You may request a copy of the investment guidelines by calling 800-746-6216.

Schwab Charitable™ is the name used for the combined programs and services of Schwab Charitable Fund™, an independent nonprofit organization. Schwab Charitable Fund has entered into service agreements with certain affiliates of The Charles Schwab Corporation.

TD Ameritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.

Schwab Charitable Fund is recognized as a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. Contributions made to Schwab Charitable Fund are considered an irrevocable gift and are not refundable. Please be aware that Schwab Charitable has exclusive legal control over the assets you contribute.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc., a subsidiary of The Charles Schwab Corporation.

This information is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab Charitable recommends consultation with a qualified tax advisor, Certified Public Accountant, financial planner, or investment advisor.

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