Charles Schwab Donates Nearly One Million Meals to Those in Need During Its Annual “Season of Giving”
November 12 2024 - 7:00AM
Business Wire
Thousands of employee volunteers pack
nutritious meals and support families, nonprofits nationwide ahead
of the holidays
To commemorate its annual “Season of Giving,” Charles Schwab
employees packed and donated nearly one million meals to families
in need across the United States.
Thousands of Charles Schwab employee volunteers across 13 U.S.
cities came together to pack nutritious meals that will be
distributed to families within their local communities. Charles
Schwab Foundation also donated $300,000 to local food banks and
nonprofits focused on hunger relief in the communities where
Charles Schwab employees live and work.
More than 47 million people, including 1 in 5 children,
experience food insecurity each year, according to the USDA's
annual Household Food Insecurity in the United States report.
“Food insecurity is a crisis that affects the health, education,
and well-being of families and communities. When you have a
nutritious meal, it’s so much easier to focus on the things that
will help you excel in school, succeed at work, and thrive in
life,” said Chris Wyse, head of Corporate Affairs at Charles Schwab
and a board member of Charles Schwab Foundation. “At Schwab, one
way we help build stronger communities is by working with local
food banks and hunger relief organizations to make a meaningful
difference for families who need it most.”
During this year’s “Season of Giving,” Charles Schwab employees
volunteered more than 6,000 hours to give back to their
communities. In addition to meal-packing events, employees hosted
in-office drives and volunteer events to maximize outreach and
impact. Charles Schwab is committed to supporting local communities
year-round, with nearly 10,000 employees volunteering throughout
2024.
To coordinate packaged meal donations, Charles Schwab partnered
with Harvest Pack, a humanitarian hunger relief nonprofit.
“One in ten Americans live in a household with food insecurity,”
said William McNally, executive director of Harvest Pack. “It’s a
pressing issue, but through the support of companies like Charles
Schwab that are deeply invested in their local communities, we can
help provide families in need with nutritious meals this holiday
season.”
For more information, please visit
www.aboutschwab.com/season-of-giving.
About Charles Schwab
At Charles Schwab, we believe in the power of investing to help
individuals create a better tomorrow. We have a history of
challenging the status quo in our industry, innovating in ways that
benefit investors and the advisors and employers who serve them,
and championing our clients’ goals with passion and integrity.
More information is available at aboutschwab.com. Follow us on
X, Facebook, YouTube, and LinkedIn.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public
benefit corporation, funded by The Charles Schwab Corporation and
classified by the IRS as a charity under section 501(c)(3) of the
Internal Revenue Code. The Foundation is neither a part of Charles
Schwab & Co., Inc. (member SIPC) nor its parent company, The
Charles Schwab Corporation. Its mission is to educate, volunteer,
and advocate on behalf of those in need so that everyone has the
opportunity to achieve financial well-being. More information is
available at www.schwabmoneywise.com/foundation.
About Harvest Pack
Founded in 2012, Harvest Pack is a 501(c)(3) humanitarian
organization addressing the issue of food insecurity by supporting
volunteers in bringing meal packing events to their local
communities. The meals packed at a Harvest Pack event, full of
essential vitamins and minerals, are then donated to local
nonprofit partners who distribute to food insecure communities. We
envision a world where healthy food is accessible to everyone,
regardless of where they were born or how much money they have.
Visit www.harvestpack.org to learn more about hosting a Harvest
Pack event in your community.
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Media Contact: Stephanie Corns Charles Schwab
stephanie.corns@schwab.com
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