Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
CHARLES AND HELEN SCHWAB FOUNDATION
 
% CHRISTOPHER NELSON
Number and street (or P.O. box number if mail is not delivered to street address)201 MISSION STREET SUITE 1950
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94105
A Employer identification number

94-3374170
B Telephone number (see instructions)

(415) 795-4920
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$531,977,043J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,096,948 1,065,570  
4 Dividends and interest from securities... 7,456,083 7,456,083  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -541,186
b Gross sales price for all assets on line 6a 43,043,000
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,474,954    
12 Total. Add lines 1 through 11........ 20,486,799 8,521,653  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 632,500     632,308
14 Other employee salaries and wages...... 720,954     719,896
15 Pension plans, employee benefits....... 297,912     245,023
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,435 0 0 15,191
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
232,548 0 0 230,749
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
341,681     299,219
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
264,200      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 27,909     25,354
22 Printing and publications.......... 1,405     1,039
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
107,908 46,232   135,504
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,635,452 46,232 0 2,304,283
25 Contributions, gifts, grants paid....... 40,875,089 33,065,074
26 Total expenses and disbursements. Add lines 24 and 25 43,510,541 46,232 0 35,369,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,023,742
b Net investment income (if negative, enter -0-) 8,475,421
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 15,095,189 11,948,831 11,948,831
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 66,402 72,144 72,144
10a Investments—U.S. and state government obligations (attach schedule) 48,976,813 Click to see attachment
List of Attached Documents:
// Content
38,032,879 		38,032,879
b Investments—corporate stock (attach schedule)....... 547,833,399 Click to see attachment
List of Attached Documents:
// Content
441,559,501 		441,559,501
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 36,009,433 Click to see attachment
List of Attached Documents:
// Content
40,363,688 		40,363,688
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 647,981,236 531,977,043 531,977,043
Liabilities 17 Accounts payable and accrued expenses.......... 165,633 217,858
18 Grants payable................. 11,088,372 18,898,387
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,894,196 		Click to see attachment
List of Attached Documents:
// Content
4,504,280
23 Total liabilities (add lines 17 through 22)......... 17,148,201 23,620,525
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 630,833,035 508,356,518
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 630,833,035 508,356,518
30 Total liabilities and net assets/fund balances (see instructions). 647,981,236 531,977,043
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
630,833,035
2
Enter amount from Part I, line 27a .....................
2
-23,023,742
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
607,809,293
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
99,452,775
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
508,356,518
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P 2022-01-01 2022-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 24,596,000   24,723,146 -127,146
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -127,146
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -127,146
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 117,808
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 117,808
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 117,808
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 116,186
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 145,186
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 27,378
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow27,378 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments
List of Attached Documents:
// Content
....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments
List of Attached Documents:
// Content
....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
List of Attached Documents:
// Content
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.schwabfoundation.org
14
The books are in care ofright arrowCHRISTOPHER NELSON Telephone no.right arrow (415) 795-4925

Located atright arrow201 MISSION STREET STE 1950SAN FRANCISCOCA ZIP+4right arrow94105
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CHARLES R SCHWAB CFO & Treasurer
1.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
KATIE SCHWAB PAIGE BOARD CHAIR,PRESIDENT,TRUSTEE
2.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
MATT WILSEY Secretary & Trustee
1.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
CATHERINE MOLNAR ASSISTANT TREASURER
1.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
April Chou Trustee
1.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
Tomiquia Moss Trustee
1.0 		0 0 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
Christopher Nelson Executive Director
40.0 		632,308 63,842 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
EMILY MERRILL SENIOR PGRM OFFICER
40.0 		210,000 63,136 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
ERIN GILBERT SENIOR PGRM MANAGER
40.0 		206,440 50,367 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
GINA JACKSON EXECUTIVE ASSISTANT
40.0 		157,029 14,887 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
NATHALIE LOWENTHAL-SAVY GRANTS MANAGER
40.0 		146,428 19,802 0
201 MISSION STREET SUITE 1950
SAN FRANCISCO,CA94105
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Seiler LLP ACCOUNTING SERVICES 204,981
3 LAGOON DRIVE STE 400
REDWOOD CITY,CA94065
ALEIGH SOLUTIONS Consultation 99,111
510 WARRINGTON DRIVE
NEW ORLEANS,LA70122
DC STRATEGIES Consultation 90,475
10194 NADINE AVE
PARKER,CO80134
NONPROFIT HR SOLUTIONS LLC CONSULTATION 51,600
1441 L STREET NW SUITE 620
WASHINGTON,DC20005
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
484,266,085
b
Average of monthly cash balances.......................
1b
16,548,607
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
500,814,692
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
500,814,692
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,512,220
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
493,302,472
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
24,665,124
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
24,665,124
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
117,808
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
117,808
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
24,547,316
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
24,547,316
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
24,547,316
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
35,369,357
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
35,369,357
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 24,547,316
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:2021, 2020, 2019 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 16,965,476
c From 2020...... 10,213,121
d From 2021...... 29,143,107
e From 2022...... 2,401,838
f Total of lines 3a through e ........ 58,723,542
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 35,369,357
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 24,547,316
e Remaining amount distributed out of corpus 10,822,041
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 69,545,583
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		69,545,583
10 Analysis of line 9:
a Excess from 2019.... 16,965,476
b Excess from 2020.... 10,213,121
c Excess from 2021.... 29,143,107
d Excess from 2022.... 2,401,838
e Excess from 2023.... 10,822,041
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
CHARLES AND HELEN SCHWAB
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

50CAN Inc

1380 Monroe Street NW 413
Washington,DC20010 		NONE PC Education 400,000

ACE Charter Schools

1100 Shasta Avenue
San Jose,CA95126 		NONE PC Education 100,000

Alameda Health System Foundation

350 Frank H Ogawa Plaza Suite 900
Oakland,CA94612 		NONE PC Employee Matching Gift 525

Alameda School Foundation

2732 NE Fremont St
Portland,OR97212 		NONE PC Employee Matching Gift 500

Alder Graduate School Of Education

2946 Broadway Suite B
Redwood City,CA94062 		NONE PC Education 400,000

Alliance College Ready Public Schools Foundation

PO Box 86609
Los Angeles,CA90086 		NONE PC Education 200,000

Asian and Pacific Islander American Vote

1612 K Street NW 510
Washington,DC20006 		NONE PC Trustee 50,000

Bay Education Fund

1616 Franklin St 2nd Floor
Oakland,CA94612 		NONE PC Education 500,000

Beaumont Middle School PTA

4043 NE Fremont Street
Portland,OR97212 		NONE PC Employee Matching Gift 519

Bellwether Education Partners Inc

517 Boston Post Road 171
Sudbury,MA01776 		NONE PC Education 25,000

Birth Companions Community Center

29 San Juan Ave
San Francisco,CA94112 		NONE PC Employee Matching Gift 1,000

Border Youth Tennis Exchange

1171 W Target Range Rd
Nogales,AZ856212415 		NONE PC Trustee 25,000

Braven Inc

100 N La Salle Street
Chicago,IL60602 		NONE PC Education 500,000

Brooklyn Navy Yard Development Corporation

141 Flushing Avenue Unit 801
Brooklyn,NY11205 		NONE PC Education 250,000

CA Charter Authorizing Professionals

2351 Sunset Blvd Suite 170 859
Rocklin,CA95765 		NONE PC Education 100,000

Cambiar Education

4653 Carmel Mountain Road Suite 30
San Diego,CA92130 		NONE PC Education 4,000,000

Camelback Ventures

612 Andrew Higgins Blvd
New Orleans,LA70130 		NONE PC Education 25,000

Capital Preparatory School

777 Main Street
Bridgeport,CT06604 		NONE PC Education 200,000

Center For Employment Opportunities

50 Broadway Suite 1604
New York,NY10004 		NONE PC Housing & Homelessness 400,000

Center for New Music

55 Taylor Street
San Francisco,CA94102 		NONE PC Housing & Homelessness 125,000

Charter School Growth Fund

10901 West 120th Avenue Suite 450
Broomfield,CO80021 		NONE PC Education 1,500,000

Child Mind Institute

101 East 56th Street
New York,NY10022 		NONE PC Housing & Homelessness 200,000

Colorado Nonprofit Development Center

789 Sherman St
Denver,CO80203 		NONE PC Education 100,000

Diversity in Leadership Institute

2226 W 26th PL 3
Los Angeles,CA90018 		NONE PC Education 200,000

EdNavigator

612 Andrew Higgins Dr Floor 3
New Orleans,LA70130 		NONE PC Education 300,000

Educate78 dba Leadership for Liberation

484 Lake Park Ave
Oakland,CA94610 		NONE PC Education 250,000

Episcopal Community Services of San Franc

165 8th Street
San Francisco,CA94103 		NONE PC Housing & Homelessness 300,000

Families in Action

333 Hegenberger Road Suite 600
Oakland,CA94621 		NONE PC Education 300,000

Family Engagement Lab

548 Market Street Suite 42210
San Francisco,CA94104 		NONE PC Education 100,000

First Place For Youth

426 17th Street
Oakland,CA946122814 		NONE PC Housing & Homelessness 300,000

Freedom Prep Charter Schools

5132 Jonetta Street
Memphis,TN38109 		NONE PC Education 200,000

Friends of Grant Music

3929 NE 67th Ave
Portland,OR97213 		NONE PC Employee Matching Gift 1,000

Good Energy Collective Incorporated

2108 N St Ste 8006
Sacramento,CA95816 		NONE PC Employee Matching Gift 500

Grace Science Foundation

1142 Crane Street
Menlo Park,CA94025 		NONE PC Trustee 200,000

Gradient Learning

340 S Lemon Avenue 6119
Walnut,CA91789 		NONE PC Education 250,000

Great Schools

2201 Broadway 4th Floor
Oakland,CA94612 		NONE PC Education 100,000

Greenhouse E3

116 Shore Drive
Portland,TX78374 		NONE PC Education 400,000

Homeless Prenatal Program

2500 18th Street
San Francisco,CA94110 		NONE PC Housing & Homelessness 300,000

HomeRise

20 Jones Street Suite 200
San Francisco,CA94102 		NONE PC Housing & Homelessness 150,000

Innovate Public Schools

1400 Parkmoor Ave Ste 240
San Jose,CA95126 		NONE PC Education 800,000

InspireNola Charter Schools

2401 Westbend Parkway
New Orleans,LA70114 		NONE PC Education 200,000

JobTrain

1200 OBrien Drive
Menlo Park,CA94025 		NONE PC Housing & Homelessness 200,000

KIPP Foundation

135 Main Street Suite 1700
San Francisco,CA94105 		NONE PC Education 750,001

KIPP NorCal

1000 Broadway Suite 460
Oakland,CA94607 		NONE PC Education 400,000

Larkin Street Youth Services

134 Golden Gate Avenue
San Francisco,CA94102 		NONE PC Housing & Homelessness 300,000

MEB Alliance for Educator Diversity

7500 Rialto Boulevard Suite 1-270
Austin,TX78735 		NONE PC Education 200,000

National Charter Collaborative

605 Southwest 108th Street
Seattle,WA98146 		NONE PC Education 200,000

National Summer School Initiative Inc

147 Prince Street 354
Brooklyn,NY11201 		NONE PC Education 250,000

Navigator Schools

650 San Benito Street Suite 230
Hollister,CA95023 		NONE PC Education 250,000

New Door Ventures

3221 20th Street
San Francisco,CA94110 		NONE PC Housing & Homelessness 250,000

New Leaders

30 West 26Th Street
New York,NY10010 		NONE PC Education 1,000,000

New Schools for New Orleans

1555 Poydras Street
New Orleans,LA70112 		NONE PC Education 250,000

New Teacher Center

1205 Pacific Avenue
Santa Cruz,CA95060 		NONE PC Education 400,000

New Venture Fund

1828 L Street NW
Washington,DC20036 		NONE PC Education 200,000

NewSchools Venture Fund

1616 Franklin Street
Oakland,CA94612 		NONE PC Education 1,150,001

Noble Network of Charter Schools

1 North State Street
Chicago,IL60602 		NONE PC Education 250,000

Ntl Assoc of Charter School Authorizers

1 East Erie Street Suite 525 380
Chicago,IL60603 		NONE PC Education 300,000

Nurse Family Partnership

1900 Grant Street Suite 400
Denver,CO80203 		NONE PC Housing & Homelessness 300,000

Oakland REACH

333 Hegenberger Road
Oakland,CA94621 		NONE PC Education 800,000

Profound Gentlemen

2701c Freedom Drive
Charlotte,NC28208 		NONE PC Education 200,000

REDF

785 Market Street Suite 1200
San Francisco,CA94103 		NONE PC Housing & Homelessness 250,000

Relay Graduate School of Education

25 Broadway 3rd Floor
New York,NY10004 		NONE PC Education 200,000

Rex and Margaret Fortune School of Edu

2890 Gateway Oaks Drive
Sacramento,CA95833 		NONE PC Education 300,000

Rivet School

1503 Macdonald Ave Suite A
Richmond,CA94801 		NONE PC Education 500,000

Rocketship Education Inc

350 Twin Dolphin Drive Suite 109
Redwood City,CA94065 		NONE PC Education 400,000

Rubicon Programs

2500 Bissell Avenue
Richmond,CA948041815 		NONE PC Housing & Homelessness 200,000

San Francisco Housing Accelerator Fund

244 Kearny St 5th Floor
San Francisco,CA94108 		NONE PC Housing & Homelessness 350,000

San Joaquin A Plus Inc

6731 Herndon Pl
Stockton,CA95219 		NONE PC Education 200,000

School Board Partners

PO Box 8165
New Orleans,LA70182 		NONE PC Education 25,000

SEED Foundation

1730 Rhode Island Ave Nw
Washington,DC20036 		NONE PC Education 200,000

Silicon Schools Fund

827 Broadway
Oakland,CA94607 		NONE PC Education 600,000

Success Academy Charter Schools

95 Pine Street
New York,NY10005 		NONE PC Education 500,000

Summit Public Schools

780 Broadway
Redwood City,CA94063 		NONE PC Education 200,000

Surge Institute

2045 W Grant Avenue Suite B
Chicago,IL60612 		NONE PC Education 100,000

Teach for America

25 Broadway 12th Floor
New York,NY10004 		NONE PC Education 500,000

Teach for America (Bay Area)

401 Grant Avenue Suite 400
Oakland,CA94610 		NONE PC Education 1,000,000

The Center for Black Educator Development

7901 Hidden Ln
Elkins Park,PA190271103 		NONE PC Education 350,000

The Mission Preparatory School

1050 York Street
San Francisco,CA94110 		NONE PC Education 100,000

The Modern Classrooms Project

15 14th Street SE
Washington,DC20003 		NONE PC Education 350,000

Third Street Youth Center

1728 Bancroft Avenue
San Francisco,CA94124 		NONE PC Employee Matching Gift 510

Tides Center

1012 Torney Avenue
San Francisco,CA94129 		NONE PC Housing & Homelessness 600,000

Tipping Point Community

220 Montgomery Street Suite 850
San Francisco,CA94104 		NONE PC Housing & Homelessness 3,350,000

TogetherSF

2505 Mariposa St
San Francisco,CA94110 		NONE PC Trustee 300,000

Transcend Inc

159 Lincoln Ave
HastingsonHudson,NY107062012 		NONE PC Education 500,000

Urban Alchemy

1035 Market Street Suite 150
San Francisco,CA94103 		NONE PC Housing & Homelessness 250,000

Voices College-Bound Language Academy

6840 Via Del Oro Suite 160
San Jose,CA95119 		  PC Education 200,000

Year Up Inc

45 Milk Street 9th Floor
Boston,MA02109 		  PC Housing & Homelessness 400,000

Young Community Developers

1715 Yosemite Avenue
San Francisco,CA94124 		  PC Employee Matching Gift 518

Youth Tennis Advantage

PO Box 330458
San Francisco,CA94133 		  PC Trustee 25,000

Yu Ming Charter School

2501 Chestnut Street
Oakland,CA94607 		  PC Education 10,000
Total .................................right arrow 3a 33,065,074
bApproved for future payment

ACE Charter Schools
1100 Shasta Avenue
San Jose,CA95126 		NONE PC Education 0

Alder Graduate School Of Education
2946 Broadway Suite B
Redwood City,CA94062 		NONE PC Education 0

Alliance College Ready Public Schools Foundation
PO Box 86609
Los Angeles,CA90086 		NONE PC Education 0

Bay Education Fund
1616 Franklin St 2nd Floor
Oakland,CA94612 		NONE PC Education 0

Braven Inc
100 N La Salle Street
Chicago,IL60602 		NONE PC Education 0

Brooklyn Navy Yard Development Corporation
141 Flushing Avenue Unit 801
Brooklyn,NY11205 		NONE PC Education 0

Center For Employment Opportunities
50 Broadway Suite 1604
New York,NY10004 		NONE PC Housing & Homelessness 0

Center for New Music
55 Taylor Street
San Francisco,CA94102 		NONE PC Housing & Homelessness 0

Charter School Growth Fund
10901 West 120th Avenue Suite 450
Broomfield,CO80021 		NONE PC Education 0

Diversity in Leadership Institute
2226 W 26th PL 3
Los Angeles,CA90018 		NONE PC Education 0

Families in Action
333 Hegenberger Road Suite 600
Oakland,CA94621 		NONE PC Education 0

Homeless Prenatal Program
2500 18th Street
San Francisco,CA94110 		NONE PC Housing & Homelessness 0

Innovate Public Schools
1400 Parkmoor Ave Ste 240
San Jose,CA95126 		NONE PC Education 0

KIPP Foundation
135 Main Street Suite 1700
San Francisco,CA94105 		NONE PC Education 0

KIPP NorCal
1000 Broadway Suite 460
Oakland,CA94607 		NONE PC Education 0

MEB Alliance for Educator Diversity
7500 Rialto Boulevard Suite 1-270
Austin,TX78735 		NONE PC Education 0

National Charter Collaborative
605 Southwest 108th Street
Seattle,WA98146 		NONE PC Education 0

Navigator Schools
650 San Benito Street Suite 230
Hollister,CA95023 		none PC Education 0

New Leaders
30 West 26Th Street
New York,NY10010 		none PC Education 0

NewSchools Venture Fund
1616 Franklin Street
Oakland,CA94612 		none PC Education 0

REDF
785 Market Street Suite 1200
San Francisco,CA94103 		none PC Housing & Homelessness 0

Rivet School
1503 Macdonald Ave Suite A
Richmond,CA94801 		none PC Education 0

Rocketship Education Inc
350 Twin Dolphin Drive Suite 109
Redwood City,CA94065 		none PC Education 0

San Francisco Housing Accelerator Fund
244 Kearny St 5th Floor
San Francisco,CA94108 		none PC Housing & Homelessness 0

Silicon Schools Fund
827 Broadway Suite 300
Oakland,CA94607 		  PC Education 0

Summit Public Schools
780 Broadway
Redwood City,CA94063 		  PC Education 0

Surge Institute
2045 W Grant Avenue Suite B
Chicago,IL60612 		  PC Education 0

Teach for America
25 Broadway 12th Floor
New York,NY10004 		  PC Education 0

The Center for Black Educator Development
7901 Hidden Ln
Elkins Park,PA190271103 		  PC Education 0

The Modern Classrooms Project
15 14th Street SE
Washington,DC20003 		  PC Education 0

Tides Center
1012 Torney Avenue
San Francisco,CA94129 		  PC Housing & Homelessness 0

Tipping Point Community
220 Montgomery Street Suite 850
San Francisco,CA94104 		  PC Housing & Homelessness 0

TNTP
500 7th Avenue 8th Floor
New York,NY10018 		  PC Education 0

TogetherSF
2505 Mariposa St
San Francisco,CA94110 		  PC Trustee 0

Transcend Inc
159 Lincoln Ave
HastingsonHudson,NY107062012 		  PC Education 0

Urban Alchemy
1035 Market Street Suite 150
San Francisco,CA94103 		  PC Housing & Homelessness 0

Voices College-Bound Language Academy
6840 Via Del Oro Suite 160
San Jose,CA95119 		  PC Education 0
Total ................................. right arrow 3b 19,200,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,096,948  
4 Dividends and interest from securities ....     14 7,456,083  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -541,186  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGAAP DEFERRED EXCISE TAX ADJUSTMENT 		    01 1,389,916  
bGAIN ON SECURITIES CONTRIBUTED IN KIND          
cTO PUBLIC CHARITY GRANTEES     01 11,081,114  
dOTHER INCOME     01 3,924  
e
12 Subtotal. Add columns (b), (d), and (e) ..   20,486,799  
13Total. Add line 12, columns (b), (d), and (e)..................
13
20,486,799
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND BOOKKEEPING 182,573     181,874
AUDIT AND TAX PREPARATION 49,975     48,875

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Statement:
THE FOUNDATION WAS INCORPORATED IN DELAWARE. THERE IS NO FILING REQUIREMENT WITH DELAWARE ATTORNEY GENERAL.

TY 2023 InvestmentsCorpStockSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Name of Stock End of Year Book Value End of Year Fair Market Value
6,418,016 SHS CHARLES SCHWAB 441,559,501 441,559,501

TY 2023 InvestmentsGovtObligationsSch
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
US Government Securities - End of Year Book Value:

38,032,879
US Government Securities - End of Year Fair Market Value:

38,032,879
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2023 InvestmentsOtherSchedule2
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
340,901 SHS SCHWAB 1000 INDEX FMV 15,701,906 15,701,906
58,596 SHS SCHWAB EMERGING MKT FMV 1,452,602 1,452,602
41,893 SHS SCHWAB INTL SMALL FMV 1,461,659 1,461,659
173,033 SHS SCHWAB US SMALL FMV 8,174,079 8,174,079
601,660 SHS SCHWAB INTL IND FMV 13,573,442 13,573,442

TY 2023 LegalFeesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REVIEW OF CONTRACTS AND        
AGREEMENTS 8,435     15,191


TY 2023 OtherDecreasesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Description Amount
UNREALIZED LOSS ON INVESTMENTS 99,452,775


TY 2023 OtherExpensesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 16,093     16,093
CONFERENCE REGISTRATION 10,200     10,200
HARDWARE, SOFTWARE & EQUIPMENT 31,284     31,042
OFFICE SUPPLIES 9,089     8,996
PAYROLL PROCESSING 10,904     10,904
POSTAGE & DELIVERY 615     609
BANK CHARGES 95     95
DOCUMENT STORAGE 1,635     1,635
TELECOMMUNICATIONS 8,711     6,788
FILING FEES 1,182     1,182
MEETING COSTS 5,600     5,460
DUES & SUBCRIPTION 12,500     12,500
RECRUITING COSTS 0     30,000
AMORTIZATION OF BOND PREMIUM 0 46,232   0


TY 2023 OtherIncomeSchedule2
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GAAP DEFERRED EXCISE TAX ADJUSTMENT 1,389,916    
GAIN ON SECURITIES CONTRIBUTED IN KIND      
TO PUBLIC CHARITY GRANTEES 11,081,114    
OTHER INCOME 3,924    


TY 2023 OtherLiabilitiesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX LIABILITY 5,894,196 4,504,280


TY 2023 OtherProfessionalFeesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INFORMATION TECHNOLOGY 52,681     60,219
OTHER PROFESSIONAL FEES 289,000     239,000


TY 2023 TaxesSchedule
Name:
CHARLES AND HELEN SCHWAB FOUNDATION
EIN:
94-3374170
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 264,200