Contribution Guidelines
Tools and resources:

Year-End Contribution Guidelines

2020 is a unique year. Please consider contributing early to take advantage of strong markets, and because processing times may take longer due to COVID-19 staffing and election year volume impacts.

See why 2020 is a good year to give

Refer to the critical dates below to ensure that contributions are received and processed by December 31, the IRS deadline for yearly tax deduction eligibility. For some assets, these dates fall in November.

You must have your Schwab Charitable account established and open prior to submitting contributions. Please allow up to 14 business days to open the account prior to making your contribution. All forms must be received in good order. We will be closed for Thanksgiving on November 26 and for Christmas on December 25.

Year End Giving

Year-end Giving Guidelines
  •  Type of Contribution
  •  Contribution Action Needed
  • Timing
  •  Type of Contribution

    Assets held at Charles Schwab & Co., Inc.
  •  Contribution Action Needed

    Log in to your Schwab Charitable Account, click on "Contribute to My Account" and follow instructions.

    or

    Download and fax the Contribution Form (PDF).
  • Timing

    Contributions made online must be completed by 11:59 p.m. ET December 31.

    Faxes must be received by 11:59 p.m. ET December 31.  
  •  Type of Contribution

    Checks
  •  Contribution Action Needed

    Download and mail the ContributionForm (PDF). Overnight or mail the check.
  • Timing

    Contribution Form and check must be postmarked by December 31.
  •  Type of Contribution

    Wire transfer
  •  Contribution Action Needed

    Submit a transfer request to the financial institution to wire the funds.

    For details see Delivery Instructions (PDF).
  • Timing

    Wires generally take two to three business days. Please check with your financial institution.

    The wire must be received by Schwab Charitable no later than 4:00 p.m. ET December 31.
  •  Type of Contribution

    Mutual funds held at a firm other than Charles Schwab & Co., Inc.
  •  Contribution Action Needed

    Complete, print, and mail the Schwab Charitable Transfer of Assets (PDF) form.
  • Timing

    Processing times can vary but typically will take two to six weeks. To ensure proper processing, we suggest initiating this request by November 19.

     Assets must be received by December 31.
  •  Type of Contribution

    Stock transfers from a non-Charles Schwab & Co., Inc. financial institution
  •  Contribution Action Needed

    Complete the Schwab Charitable Transfer of Assets (PDF) form and:Instruct Schwab Charitable to initiate the transfer.

    or 

    Initiate a transfer request to the firm holding the securities, and include Schwab's DTC number: 0164 from our Delivery Instructions (PDF).
  • Timing

    Processing times can vary but typically will take two to six weeks. Please check with your financial firm.

     Assets must be received by December 31.
  •  Type of Contribution

    Physical stock certificates for publicly traded companies
  •  Contribution Action Needed

    Download, complete and mail or fax the Contribution Form (PDF). Include an irrevocable stock or bond power form.

    Please note: This form is only needed if you can't endorse the certificate.
  • Timing

    Must be postmarked by December 31.
  •  Type of Contribution

    Control and restricted stock
  •  Contribution Action Needed

    Call Schwab Charitable
    800-746-6216.
  • Timing

    Processing times vary. To ensure proper processing, we suggest initiating request as follows:

    Stock restricted by legend (Physical SKL) must be received by November 13.

    Control/Affiliate book entry must be received by December 15.
  •  Type of Contribution

    Cryptocurrency
  •  Contribution Action Needed

    Call Schwab Charitable
    800-746-6216.
  • Timing

    Call by December 11.
  •  Type of Contribution

    Other illiquid assets including private company stock, hedge fund interests, private equity, real estate, etc.
  •  Contribution Action Needed

    Call Schwab Charitable
    800-746-6216.
  • Timing

    Processing times may vary based on asset.

    To ensure proper processing, we suggest initiating the request by November 30.

    Assets must be received by December 31.

Read important disclosures

Read important disclosures

Please know that any distribution from your IRA account to a donor-advised fund is not a Qualified Charitable Distribution (QCD) for tax purposes.

Please know that any distribution from your IRA account to a donor-advised fund is not a Qualified Charitable Distribution (QCD) for tax purposes.

2020 Year-End Granting Guidelines

In order for grants to be processed by year end, grant recommendations should be received by December 1. For efficient grantmaking, consider scheduling grants online now as a one-time or recurring grant.

Because you received a tax deduction when you contributed to your Schwab Charitable account, grants made from your account are not tax deductible.

In general, grants are processed in three to five business days however, processing may take longer toward the end of year. If grants are recommended to charities Schwab Charitable has granted to in the past 12 months, recommendations made after the deadline may still be processed by year end.

Action Needed

Log in to your Schwab Charitable account, select "grant" and follow instructions. Or download, print, and fax or mail the Recommend a Grant form.

Timing

To ensure processing by year end, grant recommendations must be submitted by December 1.

Take action
Granting best practices

Granting recommendation tips

  • Increase granting efficiency by using the grant again feature for the charities you've given to previously.
  • You may also sustain support for your favorite charities by scheduling recurring grants over an extended period of time. You may skip or cancel a grant at any time.

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