Press Releases from Schwab Charitable (1 total)
SCHWAB CHARITABLE REPORTS INCREASED GRANTING DESPITE CREDIT CRISIS
SAN FRANCISCO, October 21, 2008—Schwab Charitable, one of the country’s largest and fastest growing national donor-advised funds with 12,000 donors and nearly $2 billion in assets, announced today that grants to charities during the third quarter of 2008 were up 12 percent from 2007 levels.
The increased giving, which comes as turmoil on Wall Street has cut contributions to nonprofits nationwide, demonstrates one of the most compelling features of donor-advised funds—namely…
