• May 22, 2013

Inside the Big Donor-Advised Funds

Schwab Charitable Fund

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Assets and Giving in 2011

Total assets of all donor-advised funds at the organization: $3.05-billion (+25.7% change from 2010)

Total amount donors contributed to their funds: $804.6-million (-13.2%)

Total sum donors channeled to charity from their funds: $504.3-million (+19.4%)

Number of funds: 13,666 (+10.3%)

About the Organization’s Funds

Average amount in each fund: $222,821 (+14%)

Minimum amount a donor must supply to open a fund: $5,000

Minimum a donor must give each time he or she adds to the fund: $500

Fees: $100 Minimum; 0.60% on the first $500,000 of assets; 0.30% on the next $500,000; 0.20% on the next $1,500,000.

Contributions to Charities

Accepts grant applications: No

Grant recipients*, a sampling:

  • University of California at Berkeley Foundation, Berkeley, Calif. -- $1.5-million
  • Zoological Society of the Palm Beaches, West Palm Beach, Fla. -- $5,000
  • Family Centers, Greenwich, Ct. -- $100,000
  • Covenant Theological Seminary, St. Louis -- $38,750
  • Institute for Market Transformation, Washington -- $500,000

*Grants listed were made in 2010.

To see a full list of all contributions: A list of grants is available on the organization's IRS form 990.

Get more information about this fund’s past performance Premium Link

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  • 1255 Twenty-Third St, N.W.
  • Washington, D.C. 20037
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