Charles Schwab Foundation

Private foundation · EIN 94-3192615 · since 1994schwabmoneywise.com/foundation·United States·Updated 13 October 2026

At a glance

$19.7M

Annual giving, 2024 tax year

From the Form 990-PF filing

Open to applications

Fixed application deadlines · unsolicited applications welcome

Key takeaways

Charles Schwab Foundation funds financial literacy and educator capacity-building, with its Schwab Moneywise® Momentum Grants aimed at high-quality direct financial education, particularly for youth and young adults, and it favours national or multi-market projects, strong standards, work reaching populations who face barriers, a track record of substantive results, sustainable work poised to scale, and organisations with a strong reputation.
Grants under this programme run from $50,000 to $250,000, so that is the realistic size of request to plan around, within a geographic priority of the United States.
The route in is structured rather than relationship-led: applicants first complete an eligibility quiz that includes a letter of interest, accepted once a year, and only those aligned with the foundation's priorities are then invited to submit a full application.
Organisations that do not serve an educational, community service, or charitable purpose, that are political in nature, private clubs and fraternal or social organisations, individual pre-K–12 schools or school-related activities at individual schools, booster clubs, bands, or athletic teams/leagues, organisations that do not comply with The Charles Schwab Corporation's nondiscrimination policy, individuals, and private foundations should not apply to the Schwab Moneywise® Momentum Grants.
Given the emphasis on national reach, strong track record, scalability, and reputation, this particular grant is likely to suit established, larger-scale financial education providers best, so smaller applicants should weigh their fit against these stated preferences before applying.

Overview

Charles Schwab Foundation is a US private foundation based in Lone Tree, CO.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

Charles Schwab Foundation centres its giving on financial literacy, describing financial education and confidence as part of Americans’ financial well-being. Through Schwab Moneywise® Momentum Grants, it supports high-quality direct financial education, especially for youth and young adults, and educator capacity-building. It seeks fresh thinking and creative solutions that address unmet or emerging financial-literacy needs, introduce new or reimagined ways to deliver education, or extend practical, real-world money skills beyond existing models. It favours national or multi-market projects, strong standards and practices, reaching populations who face barriers, a track record of substantive results, sustainable work poised to scale, and organisations with a strong reputation.

Themes

Financial literacy
Educator capacity-building

Geographic Focus

Priority: United States.

What They Don't Fund

Schwab Moneywise® Momentum Grants only: Organizations that do not serve an educational, community service, or charitable purpose; Organizations that are political in nature; Private clubs and fraternal or social organizations; Individual pre-K–12 schools or school-related activities at individual schools; Booster clubs, bands, or athletic teams/leagues; Organizations that do not comply with The Charles Schwab Corporation's nondiscrimination policy; Individuals; Private foundations

How to apply

Organisations first complete an eligibility quiz, which includes submitting a letter of interest. Based on alignment with the foundation's priorities, selected organisations may then be invited to submit a full grant application.

Deadlines: Letters of interest are accepted once per year.

Application success factors

What the foundation says:

The foundation seeks fresh thinking and creative solutions for advancing financial literacy.
The foundation prefers national or multi-market reach.
The foundation favours national standards or best practices for high-quality financial education.
The foundation prefers work reaching populations who face barriers to financial education.
The foundation values a strong track record of substantive results and demonstrable impact.
The foundation favours sustainable offerings that are poised to scale or scaling effectively.
The foundation favours organisations with a strong reputation among nonprofit ranking institutions or in their communities.
Applicants are encouraged to share volunteer opportunities related to their grant request.
The foundation uses its impact assessment for due diligence on intended impact and to improve its work with partners.

Officers and directors

J Christopher Wyse — Board of Director
Jonathan Beatty — Board of Director
Lisa Hunt — Board of Director
Stacy Niedermeier — Officer - Treasurer
Paul Talbot — Officer - Assistant Corporate Secretary
Rick Wurster — Chair & President, Bod
Laura Gracia Flor — Officer - Assistant Corporate Secretary
Kris Tate — Officer - Corporate Secretary
Neesha Hathi — Board of Director
Dennis Howard — Board of Director
Joe Carberry — Board of Director
Catherine Casey — Board of Director
Michael Canady — Officer - Treasurer
Paul Woolway — Board of Director
Helen H Loh — Board of Director
Bernie Clark — Board of Director

From the latest Form 990-PF filing

3 years of tax filings

Year	Total expenses	Grants paid	Assets	Filing document
2022 tax year	$14,702,393	$14,361,719	$30,353,630	Filing for 2022 tax year
2023 tax year	$16,281,370	$15,694,862	$34,932,887	Filing for 2023 tax year
2024 tax year	$20,432,698	$19,659,700	$44,662,171	Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.