SCHWAB CHARITABLE FUND

EIN 311640316 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$40.94B
at fiscal year end
Grants out
$6.62B
from DAF accounts
Contributions in
$9.30B
received into DAFs
Payout rate
16.2%
median is 12.5%
Accounts
112,188
funds held at year end
Average account
$365K
assets per fund

At 16.2%, this sponsor paid out above the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$17.12B
FY2019
$25.50B
FY2020
$26.30B
FY2021
$31.54B
FY2022
$40.94B
FY2023

Grants paid by year

$3.30B
FY2019
$3.72B
FY2020
$4.71B
FY2021
$5.05B
FY2022
$6.62B
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 227,819 grant lines totalling $26.23B across 2019–2024 — $115K per line.

$3.31B of this sponsor’s grants went to other DAF sponsors — 13% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Johns Hopkins University runs a DAF programEIN 520595110 MD$1.83B
National Philanthropic Trust runs a DAF programEIN 237825575 PA$836.4M
Fidelity Charitable Gift Fund runs a DAF programEIN 110303001 OH$790.9M
Judicial Education ProjectEIN 202466871 DC$522.4M
Stanford University runs a DAF programEIN 941156365 CA$384.9M
University Of California San Francisco FoundationEIN 942829914 CA$347.9M
Global Support And DevelopmentEIN 832504447 CA$212.0M
Broad Institute IncEIN 263428781 MA$191.5M
Morgan Stanley Global Impact Funding Trust Inc runs a DAF programEIN 527082731 NJ$187.2M
Renaissance Charitable Foundation Inc runs a DAF programEIN 352129262 IN$180.4M
Schmidt Ocean InstituteEIN 264562328 CA$179.0M
Lucas Museum Of Narrative ArtEIN 455600818 CA$165.0M
President And Fellows Harvard College runs a DAF programEIN 042103580 MA$158.5M
University Of California Berkeley Foundation runs a DAF programEIN 946090626 CA$136.0M
Corporation Of The Presiding Bishop Of Church Of JEIN 870234341 UT$133.9M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.