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Causes: Philanthropy, Philanthropy, Voluntarism & Grantmaking Foundations, Public Foundations
Mission: At schwab charitable, our mission is to increase charitable giving in the united states by offering advantageous ways to give useful information and unbiased guidance.
Programs: Schwab charitable fund is committed to increasing charitable giving in the united states by providing advantageous ways to give, useful information and unbiased guidance. Schwab charitable achieves its mission by offering donor advised funds which facilitate giving by removing the barriers to giving such as administrative and record keeping burdens, being a reliable and unbiased source of information and delivering the service through technology which lower cost and increase access, thereby contributing to the democratization of philanthropy. All contributions accepted by schwab charitable will be considered irrevocable and unconditional. Contributions are invested for potential growth and grants are made to support the exempt purposes and operations of a wide variety of recipient public charities. Since inception, the fund has distributed over $8. 201 billion to other 501 (c)(3) charities. This amounts to an average annual distribution of about 19% of the fund's net asset value. The fund's cumulative $8. 201 billion in distributions also amount to 48% of the value of the contributions it has received since inception.