Charles Schwab Simplifies Strategic Giving

Charles Schwab has built an empire that helps people make smart decisions with their money. His company covers everything there is about financial management, such as advice on active trading, financial products, research, education, and investment.

Although much is known about Schwab and his business, only few know that this man is a philanthropist. Throughout the years, he has slowly made a name in the community for his charitable acts.

Schwab Charitable is one the largest fund-raising charities in America. It is a leading national donor-advised fund which has gathered over $5 billion for philanthropy. It also awarded more than $2 billion grants to charity, through the generosity of its donors.

Raising this amount of money and awarding it to those who most deserve it is not an easy task. To accomplish such a feat, Schwab takes a strategic, tax-smart approach to charitable giving. Schwab Charitable created the Charitable Gift Account, where contributors are awarded with income tax deductions, low-cost services, convenient management of funds, and efficient administrative services for every contribution. Donors can also directly transfer funds to the Charitable Gift Account without a hassle.

Another program of Schwab Charitable is the Double Give program. This allows donors to maximize their philanthropy by setting aside a portion of their donor-advised accounts, which will be used to guarantee loans to the world’s poorest entrepreneurs. This way, the company is also helping you build opportunities for other people.

Schwab Charitable is accessible to donors from all backgrounds. Unlike other charitable organizations, it enables donors to customize their experience and protect privacy. Technologically advanced options also allow them to manage philanthropy and charity online and seek advice from knowledgeable financial advisers and staff.

With Schwab Charitable, financial services entrepreneur Charles Schwab is at the forefront of strategic philanthropy.