Charitable Giving and Planning
Guide your clients to give more strategically with a Schwab Charitable™ donor-advised fund account. This tax-efficient approach can help clients give more to the causes they care about.
Enhance your offer with Schwab Charitable
There's a good reason 85% of advisors offer charitable planning:1 Their clients, firms, and people all around the world can benefit. And clients love giving back, with 90% of high-net-worth households giving generously2 and bolstering charitable giving to historic levels over the last few years.
As an industry leader, Schwab Charitable is dedicated to making charitable giving simpler and more efficient.
With Schwab Charitable's donor-advised fund and strategic philanthropic guidance, you can help your clients maximize the impact of their charitable giving in a tax-smart way, all while deepening your client relationships and building connections with family members. That's why more than 3,500 independent advisory firms use our services.3
A simple solution for you and your clients
When you custody with Schwab, you gain access to Schwab Charitable, a powerful turnkey solution to support your clients' philanthropy that includes:
- A dedicated Schwab Charitable Consultant and a Charitable Strategist
- Seamless integration with your firm through Schwab Advisor Center®, making it easy to manage client accounts in one place
- The ability for clients to manage their Schwab Charitable accounts online through Schwab Alliance
- Tools and guidance to help you incorporate charitable giving into your clients' wealth management strategy
- Additional services to support ultra-high-net-worth donors and family offices
How a donor-advised fund works
Schwab Charitable's donor-advised fund is a simple, tax-smart way for clients to support their favorite charities. Beyond cash, clients can contribute assets such as stock and real estate to Schwab Charitable, deducting their fair market value and potentially eliminating capital gains tax. This may increase the amount available for charity by up to 20%.
Plus, any potential investment growth within the account is tax-free, further increasing the charitable impact. For accounts with $100,000 or more, you can provide customized investment management and assess an advisory fee for your professional services.4
Insights and education
Learn more about how Schwab Charitable can help you build meaningful connections with clients and allow them to maximize their philanthropic impact.
Contact
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Already custody with Schwab? Get started with Schwab Charitable today
Schwab Charitable offers strategic philanthropic guidance and various resources to help you integrate charitable planning into your wealth management approach.
Request an information kit to take the next step, or visit schwabcharitable.org/advisors to learn more.
Call 855-966-3764 to get in touch with a specialist at Schwab Charitable.
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See what sets Schwab apart
Access to Schwab Charitable is just one reason why Schwab is a custodian of choice. We offer best-in-class technology, transition support, and continuing education to help advisors fully realize their dreams of independence.
Ready to learn more? We’d love to talk with you about all the ways we can support your firm.
1. 2022 RIA Benchmarking Study from Charles Schwab, fielded January to March 2022. Study contains self-reported data from 1,218 firms. Results are for firms with $250 million or more in assets under management.
2. The 2021 Bank of America Study of Philanthropy: Affluent Americans Expand Generosity During the Pandemic.
3. As of December 31, 2022.
4. Not to exceed 1% of account assets per year.
Schwab Charitable Fund™ is recognized as a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. Please be aware that Schwab Charitable has exclusive legal control over the assets you have contributed. Although every effort has been made to ensure that the information provided is correct, Schwab Charitable cannot guarantee its accuracy. This information is not provided to the IRS.
Schwab Charitable does not provide specific individualized legal or tax advice. Please consult a qualified legal or tax advisor where such advice is necessary or appropriate.
Schwab Charitable™ is the name used for the combined programs and services of Schwab Charitable Fund™, an independent nonprofit organization, which has entered into service agreements with certain subsidiaries of The Charles Schwab Corporation.
Contributions made to Schwab Charitable Fund are considered an irrevocable gift and are not refundable.
A donor opening a professionally managed account must recommend an independent investment advisor, who, if approved by Schwab Charitable, will manage the assets contributed to the account. Advisors must meet certain eligibility requirements, including working with Schwab Advisor Services™, a business segment of The Charles Schwab Corporation, and agree to the Investment Advisory Agreement, which is available on schwabcharitable.org.