Schwab Celebrates Culture of Service Through 10th Annual Employee Volunteer Event

  Schwab Celebrates Culture of Service Through 10th Annual Employee Volunteer

Approximately 3,200 employees across the U.S. team up on projects to benefit
local charities

Business Wire

SAN FRANCISCO -- May 20, 2013

The Charles Schwab Corporation’s annual Schwab Volunteer Week begins today in
82 cities across the U.S. This year’s event commemorates the tenth consecutive
year that Schwab has mobilized its workforce to volunteer during a period of
company-sponsored time off. This year will mark the greatest level of employee
participation yet in the history of the annual event, with nearly 3,200
employees and executives spending more than 12,000 hours on more than 220
different service projects benefiting 157 charities. In addition to the sweat
equity donated by Schwab employees, Charles Schwab Foundation will be
providing a special, increased two-for-one match of employees’ charitable
contributions (up to $200,000) during May 20-31. Charles Schwab Foundation
will also make an average $500 grant to each organization where Schwab
Volunteer Week projects are being held. In total, approximately $90,000 in
grants will be distributed during the week.

This year Schwab’s social media fans and followers will also have the
opportunity to participate in Schwab Volunteer Week. On May 20, Schwab will
launch a contest on the Charles Schwab Facebook page to give its fans the
ability to choose one of four non-profit organizations to receive a $10,000
grant from The Charles Schwab Corporation to help support their ongoing work
in communities throughout the U.S. The charities are: The Salvation Army,
Goodwill Industries International, Boys & Girls Club of America and Teach for
America. Each organization will post a video on the Schwab Community Services
Contest tab on the Charles Schwab Facebook page, describing the mission of the
organization and the people they serve. Fans are encouraged to vote for the
organization of their choice, and the one with the most votes at midnight on
Sunday, May 26, will receive the $10,000 grant, with the runners-up receiving
smaller grants for their participation ($5,000 for second place, $2,000 for
third place and $1,000 for fourth place).

“Schwab Volunteer Week is truly a celebration of the esprit de corps and
culture of service throughout our company,” said Carrie Schwab-Pomerantz,
president of Charles Schwab Foundation and senior vice president, Charles
Schwab & Co., Inc. “It’s not only about the service we provide on behalf of
our clients day in and day out, but what we can do for our communities as a
whole that energizes us and gives meaning to our work.”

During Schwab Volunteer Week, Schwab employees have the opportunity to sign up
for projects ranging from leading financial education workshops to physical
activities that include light construction, remodeling, painting, serving food
and working on landscape and garden improvements. Many of the participating
nonprofits aim to help alleviate poverty and provide the foundation for
financial well-being. As in years past, benefiting organizations include:

  *Elementary schools, middle schools and high schools
  *A variety of local organizations dedicated to providing health, social and
    human services to seniors, children, women and families, veterans and the
  *Workforce development and career-building organizations
  *Homeless shelters and transitional-support programs
  *Youth organizations such as Boys & Girls Clubs of America, Homeward Bound
    and Junior Achievement
  *Habitat for Humanity
  *The Salvation Army
  *Goodwill Industries
  *Project Night Night
  *Easter Seals
  *Dress for Success

Also as in previous years, many of Schwab’s locations will be offering
projects on-site to accommodate employees who may not be able to leave the
office. On-site projects will include assembling tote-bags with comfort items
for homeless children and with essentials for seniors in need; putting
together food boxes and making sandwiches; creating fun and interactive
learning kits for primary school children; and decorating toddler “one-sies”
for homeless mothers.

Photos of Schwab Volunteer Week projects and activities will be posted
throughout the week and can be viewed and downloaded at

Employee volunteer stories will be posted on Schwab’s blog, SchwabTalk, at

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial
services, with more than 300offices and 8.9million active brokerage
accounts, 1.6million corporate retirement plan participants, 895,000banking
accounts, and $2.11trillion in client assets as of April 30, 2013. Through
its operating subsidiaries, the company provides a full range of securities
brokerage, banking, money management and financial advisory services to
individual investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC,, and
affiliates offer a complete range of investment services and products
including an extensive selection of mutual funds; financial planning and
investment advice; retirement plan and equity compensation plan services;
compliance and trade monitoring solutions; referrals to independent fee-based
investment advisors; and custodial, operational and trading support for
independent, fee-based investment advisors through Schwab Advisor Services.
Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing
Lender), provides banking and lending services and products. More information
is available at and

Brokerage Products: Not FDIC Insured | No Bank Guarantee | May Lose Value

About Charles Schwab Foundation

The Charles Schwab Foundation is a nonprofit public benefit corporation,
classified by the IRS as a charity under section 501(c)(3) of the Internal
Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc.
(member SIPC) nor its parent company, The Charles Schwab Corporation. Its
mission is to educate, volunteer and advocate on behalf of those in need so
that everyone has the opportunity to achieve financial well-being. More
information is available at


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Read our corporate blog: SchwabTalk


Charles Schwab & Co., Inc.
Sarah Bulgatz, 415-667-0328
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