Maximize your charitable impact with the simple, tax-smart giving solution of a donor-advised fund account. Offered by Schwab Charitable™, an independent 501(c)(3) organization, you may use a Schwab Charitable donor-advised fund account to support the causes that matter to you now or when they're needed most.
What are the account fees and minimums?
- Schwab Charitable account minimums: $0 for a core account; $100,000 for a professionally managed account
- For complete details, see Schwab Charitable's account fees and minimums
What are the advantages of a Schwab Charitable account?
A Schwab Charitable donor-advised fund account offers a uniquely flexible way to manage your charitable giving. With this account, you can:
- Realize same-year tax benefits if you itemize deductions
- Potentially eliminate capital gains tax on the contribution of appreciated non-cash assets1 and investments held for more than one year
- Invest account assets for potential growth that's tax-free, helping you have even more to give to charities
- Recommend grants to charities when it is convenient and meets your charitable goals
- Manage your giving online, right next to your Schwab brokerage accounts
- Create a lasting charitable legacy
Have questions about Schwab Charitable's donor-advised fund account? Here are responses to some of the most common questions we hear. If you have a question about your specific situation that is not answered here, please call Schwab Charitable at 800-746-6216 or visit the Schwab Charitable website.
You can complete a Schwab Charitable account application online. Call Schwab Charitable at 800-746-6216 for assistance. Once the account is established, fund it with irrevocable, tax-smart contributions, recommend investments for the assets, and recommend grants of $50 or more to charity.
Schwab Charitable Fund is an independent public charity. However, Charles Schwab & Co., Inc. and its affiliates provide certain investment management, administrative, and recordkeeping services to Schwab Charitable.
If your charitable account balance is $100,000 or more, you may take advantage of a professionally managed account, which allows you to recommend an investment advisor to actively manage the assets of the account and invest in a broad range of securities, including individual stocks, bonds, and mutual funds. For more details, see Investment Options or call Schwab Charitable at 800-746-6216.
You can contribute cash and publicly traded securities, including stocks, most mutual fund shares, and bonds. Schwab Charitable also accepts other non-cash assets such as IPO stock, restricted stock, private business interests, real estate and private equity. By contributing non-cash assets to a charity, including a donor-advised fund, individuals generally do not pay capital gains tax on the sale of assets that have been held for more than one year. This can increase the amount available for charity by up to 20% compared to selling the assets and donating the proceeds. Cash contributions must be made in U.S. dollars and delivered by check or wire only. Contribution forms are available online. For complete details, see Contribution Options or call Schwab Charitable at 800-746-6216.
You can recommend grants to IRS-approved public charities. Approved grants are for U.S.-based organizations that are recognized by the IRS as 501(c)(3) public charities. Your grant recommendation must comply with guidelines specified in Schwab Charitable's Program Policies. You can research over one million IRS-approved public charities on schwabcharitable.org using the Explore Charities page. Note: All grant recommendations are subject to approval by Schwab Charitable.
Here's what you need to open a Schwab Charitable account:
- U.S. permanent resident address
- Your Social Security or Tax ID number
- Your employer's name and address (if applicable)
- Review Schwab Charitable's Program Policies
Ready to get started?
Need help? Call 800-746-6216.