Account Fees and Minimums

We offer a comprehensive range of investment alternatives to meet a wide variety of goals. You can choose from either a core account or a professionally managed account.

core account can be established with an irrevocable minimum contribution of $5,000 and invested in any of the index or actively managed pre-approved investment pools.

professionally managed account allows investors with $250,000 or more to select an investment advisor to manage the investments. The investment advisor is subject to Schwab Charitable’s approval and must enter into an Investment Advisory Agreement with Schwab Charitable™.

Account Minimums

Account Minimums
  • Core Account
  • Professionally Managed Account
  • Account minimum
  • Core Account

    $5,000
  • Professionally Managed Account

    $250,000
  • Minimum additional contribution
  • Core Account

    $500
  • Professionally Managed Account

    $500
  • Minimum grant
  • Core Account

    $50
  • Professionally Managed Account

    $50

Administrative fees

Schwab Charitable offers competitive administrative fees that cover the expenses of operating a donor-advised fund account, such as online donor services, phone support, grant due diligence and administration, tax filings, annual account summaries, and communications.

Download our Administrative Fees and Account Minimums Fact Sheet

Administrative fees
  •  Average Daily Value
  • Annualized Administrative Fees
  • First $500,000
  • 0.60% of assets or $100¹(whichever is greater)
  • Next $500,000
  • 0.30% of assets
  • Next $1,500,000
  •  0.20% of assets
  • Next $2,500,000
  • 0.15% of assets
  • Next $5,000,000
  • 0.13% of assets
  • Next $5,000,000
  • 0.12% of assets
  • $15,000,000+
  • 0.10% of assets
  • Please contact us at 800-746-6216

disclosure

View important disclosures

Administrative Fee Calculator

How administrative fees are charged

  • Core accounts

    We assess an annualized administrative fee of 0.60%, which is collected as part of the operating expenses of the investment pools.

    • Fees for accounts of more than $500,000 that are invested in the investment pools will be reduced via a quarterly rebate payment to the account.
    • Only accounts that are open at the time of the fee rebate will receive the rebate.
    • Minimum annual administrative fee of $100 will be assessed on or around July each year, less any administrative fees that have been collected in the previous 12 months
  • Professionally managed accounts²

    We assess an administrative account fee quarterly, based on the account's average value for the preceding quarter.

    • Schwab Charitable will notify investment advisors in the event the cash in the account is less than the administrative fees owed.
    • If the account holder does not contribute sufficient funds to pay the administrative fees, Schwab Charitable may sell any proprietary money market mutual fund shares held in the account or take other actions provided for in these policies.
    • As it deems necessary, Schwab Charitable reserves the right to place a hold on the assets in the account to cover expenses.

Disclosures

View important disclosures

Investment fees

Investment fees vary depending on how an account is invested. For stocks and bonds, the fees are typically in the form of commissions when they are traded. For mutual funds, the fees are in the form of operating expenses charged by the fund provider.

Standard donor-advised fund accounts are invested in investment pools whose operating expenses vary with the underlying mutual funds. Fees are reflected in the value of each investment pool.

Professionally managed donor-advised fund accounts can include a variety of investments whose fee structures and operating expenses will vary. Negotiated investment fees are paid directly to the investment advisor.

Download our Investment Fees Fact Sheet