Schwab Charitable to Offer New Private Foundation Conversion Service | Reuters

Schwab Charitable to Offer New Private Foundation Conversion Service | Reuters: "Schwab Charitable to Offer New Private Foundation Conversion Service
Tue Sep 15, 2009 5:00pm EDT

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SAN FRANCISCO--(Business Wire)--
Schwab Charitable, one of the nation`s largest and fastest growing national
donor-advised fund programs, announced today the launch of its Private
Foundation Conversion Service.

The new service is specifically designed to help advisors to private foundations
determine whether conversion to a donor-advised fund would be beneficial, and if
so, provide guidance throughout the process.

Schwab Charitable`s process may be particularly beneficial to private foundation
directors struggling with recently depreciated assets."