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Nonprofit · EIN 84-2512121

CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM

Tax-exempt · PALM BEACH, FL 33480

Financials

$242K$26.9M2023$431K$3.2M2024$6.4M$3.5M2025
Revenue Expenses · by fiscal year end
Financials of CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$6,372,187$3,496,032$2,876,155$1,850,780$17,765,738-$15,914,958
December 31, 2024990-PF$431,017$3,230,546-$2,799,529$7,363,418$26,678,227-$19,314,809
December 31, 2023990-PF$241,594$26,871,902-$26,630,308$18,684,802$35,724,828-$17,040,026
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$6,220,875
Dividends
$92,663
Interest
$60
Net gain from sales of assets
-$494
Other income
$59,083

Expenses

Grants and similar amounts paid
$3,377,234
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$12,342,261
Excise tax on investment income
$1,289

Balance sheet and other

Total assets, start of year
$7,363,418
Total assets, end of year
$1,850,780
Total liabilities, end of year
$17,765,738
Net assets, end of year
-$15,914,958
Fair market value of assets
$1,850,780
Qualifying distributions
$12,342,261
Net investment income
$92,723

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLES R SCHWAB
PO Box 2226, Palm Beach, FL 33480
CHAIR & PRESIDENT1$0
CAROLYN SCHWAB-POMERANTZ
PO Box 2226, Palm Beach, FL 33480
DIRECTOR & SECRETARY1$0
CATHERINE A MOLNAR
PO Box 2226, Palm Beach, FL 33480
TREASURER1$0
WALTER W BETTINGER II
PO Box 2226, Palm Beach, FL 33480
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CHARLES R SCHWAB
PO Box 2226, Palm Beach, FL 33480
CHAIR & PRESIDENT1$0
CAROLYN SCHWAB-POMERANTZ
PO Box 2226, Palm Beach, FL 33480
DIRECTOR & SECRETARY1$0
CATHERINE A MOLNAR
PO Box 2226, Palm Beach, FL 33480
TREASURER1$0
WALTER W BETTINGER II
PO Box 2226, Palm Beach, FL 33480
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CHARLES R SCHWAB
PO Box 2226, Palm Beach, FL 33480
CHAIR & PRESIDENT1$0
CAROLYN SCHWAB-POMERANTZ
PO Box 2226, Palm Beach, FL 33480
DIRECTOR & SECRETARY1$0
CATHERINE A MOLNAR
PO Box 2226, Palm Beach, FL 33480
TREASURER1$0
WALTER W BETTINGER II
PO Box 2226, Palm Beach, FL 33480
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 2226, PALM BEACH, FL 33480-2226
In care of
% CATHERINE A MOLNAR
Signed the 990-PF
CHARLES R SCHWAB, CHAIR & PRESIDENT
Phone
(415) 795-4842
Return prepared by
Baker Tilly Advisory Group LP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-2512121
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,850,780
Income (IRS master file)
$7,607,681

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$6,372,187$3,496,032$1,850,780IRS
990-PFDecember 2024$431,017$3,230,546$7,363,418IRS
990-PFDecember 2023$241,594$26,871,902$18,684,802XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2512121).

Questions about CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM

What is the EIN of CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM?
The employer identification number (EIN) of CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM is 84-2512121.
Is CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHARLES R SCHWAB FOUNDATION FOR FINANCIAL FREEDOM have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,372,187, expenses of $3,496,032 and total assets of $1,850,780 at year end.

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