Charles Schwab Recognized Among Nation’s Most Community-Minded Companies for 10th Consecutive Year
The Civic 50 recognition reflects how Schwab integrates service, philanthropy and financial education into its business and culture
Key Takeaways:
- Schwab earns The Civic 50 recognition for the 10th consecutive year, reflecting sustained community impact driven by employee volunteerism, nonprofit partnerships, and targeted investments.
- Ongoing commitment to advancing financial education through programs, partnerships, and credible resources on SchwabMoneywise.com helps expand access to financial education.
- Over the past decade, Schwab has invested more than $100 million to advance financial literacy and support local communities, including $16.7 million in grants and 156,000 employee volunteer hours contributed in 2025.
WESTLAKE, Texas–(BUSINESS WIRE)–
Charles Schwab was named to The Civic 50 by Points of Light for the 10th consecutive year, recognizing the firm as one of the most community-minded companies in the United States.
The Civic 50 evaluates how companies embed community engagement into their business through employee involvement, investment of resources and measurable impact. Schwab’s continued inclusion reflects a consistent, firm-wide commitment to supporting the communities where employees live and work.
Schwab’s giving mission to empower people of all backgrounds to achieve brighter futures by advancing financial literacy and strengthening communities comes to life through employee volunteerism, nonprofit partnerships, and grants and investments. Over the past decade, Schwab has invested more than $100 million to advance financial literacy and support local communities, including $16.7 million in grants and 156,000 employee volunteer hours contributed in 2025.
- Advancing financial education: From day one, Schwab has been committed to helping more people build the knowledge and confidence to manage their financial lives. Through long-standing partnerships with national and local nonprofits, Schwab supports programs that teach young people practical money skills, from budgeting and saving to investing. In addition, SchwabMoneywise.com provides free, accessible financial education resources to individuals, families, and educators. Together, these efforts help address the financial education gap and expand access to tools that support long-term financial well-being.
- Fostering strong communities: In addition to financial education, Schwab supports a wide range of community priorities, including food security, housing, disaster response, and veteran services. Through grants, volunteer efforts, and employee-directed giving programs, Schwab supports thousands of nonprofits each year, helping organizations deliver critical services in local communities across the country. This work is shaped locally, enabling employees to support causes that matter most in the places where they live and work.
- Employee engagement: Schwab’s culture of service is driven by employees and sustained through companywide programs and leadership engagement. Each year, tens of thousands of employees volunteer their time, skills, and resources to support nonprofits nationwide. In 2025, nearly 13,000 employees contributed more than 156,000 hours in support of 555 nonprofits. This commitment is supported by signature volunteer and giving programs, including paid volunteer time off, charitable donation matching, and volunteer donation credits, which make it easy for employees to give back in meaningful ways.
“Community impact is strongest when it’s sustained over time,” said Kristine Dixon, Executive Director of Charles Schwab Foundation. “This milestone is a reflection of what’s possible when employees, nonprofit partners, and communities come together around a shared purpose. I’m proud of the impact we’ve made together over the years and even more excited about the opportunities ahead to help strengthen communities and expand access to financial education for future generations.”
“Ten consecutive years on The Civic 50 is a reflection of something much bigger than any single program or initiative, it’s a reflection of our people,” said Chris Wyse, Chief Corporate Affairs Officer at Charles Schwab and President and Chair of the Charles Schwab Foundation. “Tens of thousands of Schwab employees show up for their communities every year, contributing their time, skills, and resources in ways that make a real difference. That’s not a corporate initiative. That’s who we are.”
About Charles Schwab
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 X, Facebook, YouTube, and LinkedIn.
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. Its mission is to help people of all backgrounds achieve brighter futures by advancing financial literacy and fostering stronger communities. More information is available at www.schwabmoneywise.com/foundation.
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit www.pointsoflight.org.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20260623836482/en/
MEDIA CONTACT:
Stephanie Corns
Charles Schwab
Phone: 415-539-7001
Email: [email protected]
KEYWORDS: Texas United States North America
INDUSTRY KEYWORDS: Personal Finance Finance Fintech Banking Professional Services Philanthropy Environmental, Social and Governance (ESG) Foundation Asset Management
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