7,500 Schwab employees will serve 320 nonprofits during volunteer week

More than 7,500 Charles Schwab employees will honor Schwab’s long-standing culture of investing in its communities through philanthropy and volunteer service by participating in Schwab Volunteer Week, which kicks off today with a week of volunteer projects that help local and national nonprofit organizations. This year’s event marks another record-breaking year for employee participation.

“Schwab Volunteer Week is inspiring and underscores the importance of service at Schwab—not only for our clients but also for our communities,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. “Schwab Volunteer Week is my favorite week of the year. I love to see our employees come together to apply their time, talents and resources to support the communities where we live and work.”

Now in its 16^th year, Schwab Volunteer Week began as a single day of service on May 13, 2004 with just over 1,000 employee volunteers serving 37 nonprofits in seven cities across the country. This year, Schwab Volunteer Week engages more than 7,500 employees in 166 cities serving 320 nonprofits on more than 600 volunteer projects. Schwab employees will provide 30,000+ volunteer hours this year, compared to 4,400 volunteer hours in 2004.

Many Schwab Volunteer Week projects are designed to help nonprofits increase the financial empowerment and well-being of the people they serve, and Schwab employees also have the opportunity to give back to their communities in a variety of ways, including light construction, gardening, cleaning, and meal service. Benefiting organizations include:

• Youth development organizations such as Boys & Girls Club of America, Junior Achievement and Big Brothers Big Sisters;

• Public elementary, middle and high schools;

• A wide variety of human services and economic development organizations, including Dress for Success, Goodwill, Habitat for Humanity, Meals on Wheels, Mobile Loaves and Fishes, Ronald McDonald House and Society of St. Vincent de Paul.

Follow Schwab Volunteer Week on social media at #Schwab4Good and on Facebook. Learn more at www.aboutschwab.com/schwab-volunteer-week.