Charitable Giving Remains Robust - Schwab Charitable Reports Strong Fiscal Year Results | Fort Mill Times - Fort Mill, SC

Charitable Giving Remains Robust - Schwab Charitable Reports Strong Fiscal Year Results | Fort Mill Times - Fort Mill, SC: Schwab Charitable, one of the nation's leading donor-advised fund organizations, reported strong results for Fiscal Year 2013, reflecting growing interest by individuals, families and their independent registered investment advisors (RIAs) in becoming more strategic about when and how they give. As of June 30, 2013, Schwab Charitable assets under management were $4.8 billion and grants to charities for the fiscal year totaled more than $600 million, 55% and 12% growth from the previous year, respectively. The organization also doubled its new accounts in fiscal year 2013, underscoring the popularity of donor-advised funds as part of holistic financial and charitable planning.