Charles R Schwab Foundation for Financial Freedom

EIN 84-2512121 · FL · NTEE T22

Invitation only Typical grant ~$237.5K Funds in CA, NY, TN +2
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Giving Profile

In 2025, Charles R Schwab Foundation for Financial Freedom based in FL paid 8 grants totaling $12.2M to 7 organizations across 5 states. Individual grants ranged from $85K to $6M, with a median of $237.5K. Its largest recipients included STANFORD UNIVERSITY, SIFMA FOUNDATION, and NEXT GEN PERSONAL FINANCE. The foundation does not accept unsolicited applications — giving is by invitation only.

Foundation at a Glance

Total assets
$1,850,780
Giving (latest yr)
$12,228,468
Filing year
2025
Itemized grants
8
Median grant
$237.5K
Recipients
7
States reached
5
Officers/trustees
4
Unsolicited applications
No — invitation only

Where the Money Goes

Top recipients

  • Stanford University$10,993,468
  • Sifma Foundation$375,000
  • Next Gen Personal Finance$250,000
  • Working IN Support of Education$225,000
  • Foundation for College System of Tennessee$150,000

Where grants went

  • California$11,243,468 · 3 grants
  • New York$600,000 · 2 grants
  • Tennessee$150,000 · 1 grant
  • District of Columbia$150,000 · 1 grant
  • Pennsylvania$85,000 · 1 grant

Grants Paid (8)

Stanford University
Stanford, CA
Schwab Financial Freedom Leadership Fund & the Schwab Program for Financial Freedom Term Endowment Fund
$6,010,020
Stanford University
Stanford, CA
The Initiative for the Financial Freedom Fund
$4,983,448
Sifma Foundation
New York, NY
Sifma Foundation Program Expansion
$375,000
Next Gen Personal Finance
Burlingame, CA
State Implementation Support
$250,000
Working IN Support of Education
New York, NY
Student Financial Literacy Certification Program Expansion
$225,000
Foundation for College System of Tennessee
Nashville, TN
Funding for Individuals Enrolled IN Tcat Nashville
$150,000
The Manufacturing Institute
Washington, DC
Funding for General Support
$150,000
Williamson College of the Trades
Media, PA
Funding for General Support
$85,000

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FAQFrequently Asked Questions

No. Charles R Schwab Foundation for Financial Freedom does not accept unsolicited applications — its grantmaking is by invitation only. Cultivating a relationship or securing an introduction is typically required.

Charles R Schwab Foundation for Financial Freedom is classified as a Public & Societal Benefit funder. Civil rights, community improvement, philanthropy, science, and public-policy. Its recent grants reached organizations across 5 states.

In its most recent filing, Charles R Schwab Foundation for Financial Freedom reported 8 itemized grants totaling $12.2M. Individual grants ranged from $85K to $6M (median $237.5K).

Recent recipients include STANFORD UNIVERSITY, SIFMA FOUNDATION, NEXT GEN PERSONAL FINANCE, among 7 organizations in total. The full grant list is on this page.

Charles R Schwab Foundation for Financial Freedom is a private foundation based in Florida, per its IRS 990-PF filing.

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