Schwab Charitable Approaches $5 Billion in Grants to Charity Since Inception

Schwab Charitable has received over $10 billion in contributions and made over $4.6 billion in grants on behalf of its donors [to more than 86,000 charities] since its inception 15 years ago. Thus far this fiscal year, the organization has seen grants increase 55% over the same period last year and expects this growth will result in over $1 billion in grants for the full year ending June 30, 2015.