Friday, January 06, 2006

Schwab Fund for Charitable Giving(R) Surpasses $1 Billion in Charitable Contributions: Financial News - Yahoo! Finance

Schwab Fund for Charitable Giving(R) Surpasses $1 Billion in Charitable Contributions: Financial News - Yahoo! Finance: "Schwab Fund for Charitable Giving(R) Surpasses $1 Billion in Charitable Contributions
Friday January 6, 9:00 am ET
Fund Reaches Major Milestone with More Than $500 Million in Donations in 2005

SAN FRANCISCO, Jan. 6 /PRNewswire-FirstCall/ -- The Schwab Fund for Charitable Giving, one of the country's largest and fastest growing donor- advised funds, announced total contributions to its Charitable Gift Accounts have exceeded $1 billion since the Fund's inception. Created in 1999, the Fund achieved the milestone as it ended its most productive year for charitable contributions. In 2005, the Fund received more than $510 million, more than doubling the $225 million in contributions received the previous year."

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