BusinessWire Schwab Charitable Reports Record Assets, Grants and Recontribution Rates

BusinessWire Schwab Charitable Reports Record Assets, Grants and Recontribution Rates: "Press Release: BusinessWire
Schwab Charitable Reports Record Assets, Grants and Recontribution Rates

7-19-11 10:00 AM EDT | E-mail Article

Schwab Charitable, one of the nation’s largest and fastest growing national donor-advised fund organizations, reported that Fiscal Year 2011 charitable assets, grants, and funds contributed to existing accounts reached the highest levels in its history. A donor-advised fund allows investors to contribute cash or appreciated assets to a charitable account to realize the greatest possible tax benefits while supporting their favorite charities. Serving a wide range of philanthropic investors, Schwab Charitable manages account sizes from $5,000 to over $400 million."