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The Charles and Helen Schwab Foundation is a philanthropic organization funding solutions in education, housing, and employment. It aims to increase economic power and wellbeing in marginalized communities, emphasizing innovative approaches that advance racial equity and dismantle systemic barriers. Independent from the Charles Schwab Corporation, its 2023 strategy prioritizes national public education and Bay Area housing and homelessness initiatives.
Charles and Helen Schwab established the foundation in 1987, extending their commitment to societal betterment. Charles Schwab, founder of the Charles Schwab Corporation, brought entrepreneurial insight to this philanthropic endeavor. Initially focused on learning differences, the organization expanded scope after merging with the Schwab Family Foundation in 2001, diversifying support across human services and educational sectors.
The foundation’s grantmaking supports non-profit organizations serving marginalized communities. Its vision is a world where all people lead fulfilling and choice-filled lives, actively disrupting generational cycles of poverty. Through focused philanthropic investments, the foundation seeks substantial societal impact, building towards a future of equitable opportunities.
Charles and Helen Schwab Foundation has 1 tracked investment across 1 company. The latest tracked deal is $82.0M Series E in Eargo in July 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2020 | Eargo | $82.0M Series E | Longitude Capital | Pivotal BioVenture Partners, Versant Ventures, NAN Fung Life Sciences, Josh Makower |