Charles R Schwab Foundation for Financial Freedom
Invitation OnlyPalm Beach, Florida · EIN 84-2512121 · Private foundation
Grants paid (2025)$12.2M
Organizations funded8
Typical grant$225,000
Total assets$1.9M
Half of its grants to organizations were between $150,000 and $375,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Florida.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| 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 |
Grants approved for future payment
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Stanford University | Stanford, CA | Schwab financial freedom leadership fund & the schwab program for financial freedom term endowment fund | $17,996,792 |
| Next Gen Personal Finance | Burlingame, CA | State implementation support | $500,000 |
| Sifma Foundation | New York, NY | Sifma foundation program expansion | $375,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $12,228,468 | 11 |
| 2024 | $12,049,511 | 6 |
| 2023 | $5,544,498 | 5 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 7, 2026 - IRS e-file batch, object ID 202601269349104160
- IRS Tax Exempt Organization Search for EIN 84-2512121
- Profile updated Nov 9, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.