Schwab Volunteer Week Draws Record Employee Participation with Return to In-Person Volunteering
April 25 2022 - 11:00AM
Business Wire
More than One-Quarter of Schwab Employees
Volunteer to Serve Nearly 400 Nonprofits Nationwide
Amid the ongoing pandemic, which has significantly limited
community service opportunities, a record-breaking 9,000 Charles
Schwab employees have volunteered to roll up their sleeves and give
back to their local communities through Schwab Volunteer Week. This
year’s event marks the return of in-person volunteering since the
beginning of the pandemic, while virtual options are still
available to offer flexible and safe ways to participate.
Financial literacy has long been a cornerstone of Schwab
Volunteer Week, and this year’s annual event emphasizes
opportunities that help close the financial education gap by
incorporating Moneywise America, Schwab’s signature financial
literacy program. More than 500 volunteers will bring financial
education to teens across the country.
"The pandemic has taken a significant toll on our communities
and nonprofits, and it’s inspiring to see so many Schwabbies rally
together and ready to give back through Schwab Volunteer Week,”
said Carrie Schwab-Pomerantz, president of Charles Schwab
Foundation. “Schwab was built on a spirit of service that extends
beyond our clients to also include our communities, and I am proud
to see our employees come together in-person to apply their time,
talents and resources to support the communities where we live and
work.”
Now in its 19th year, Schwab Volunteer Week began as a single
day of service in 2004, with just over 1,000 employee volunteers
serving 37 nonprofits. Today, Schwab Volunteer Week has grown into
a two-week nationwide event that engages more than a quarter of
Schwab employees and serves nearly 400 nonprofits.
Through more than 800 volunteer projects, some of the ways
employees will support their local communities include:
- Facilitating financial literacy workshops for youth at Boys
& Girls Clubs of America, which seeks to enable young people to
reach their full potential.
- Home-building through Habitat for Humanity, which brings people
together to build homes, communities and hope.
- Calling and conversing with seniors through Meals on Wheels,
which addresses hunger and isolation to improve the health and
quality of life of senior citizens.
Follow Schwab Volunteer Week on social media at #Schwab4Good and
on Facebook: @CarrieSchwabPomerantz1, LinkedIn:
CarrieSchwabPomerantz, and Twitter: @CarrieSchwab.
Learn more about Schwab’s commitment to its communities.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public
benefit corporation, funded by The Charles Schwab Corporation and
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 https://www.aboutschwab.com/citizenship.
About Charles Schwab & Co.
At Charles Schwab we believe in the power of investing to help
individuals create a better tomorrow. We have a history of
challenging the status quo in our industry, innovating in ways that
benefit investors and the advisors and employers who serve them,
and championing our clients’ goals with passion and integrity.
More information is available at www.aboutschwab.com. Follow us
on Twitter, Facebook, YouTube and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20220425005140/en/
Stephanie Corns Charles Schwab 415-539-7001
stephanie.corns@schwab.com
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