Schwab Moneywise® Momentum Grants

• Align to one or more of Charles Schwab Foundation's funding priorities
  • Direct financial education: Delivers or increases access to high-quality financial education programming and content, especially for youth or young adults
  • Educator capacity-building: Empowers educators to deliver effective financial education
• Support fresh thinking and creative solutions to advancing financial literacy, such as:
  • Addressing unmet or emerging needs in financial literacy
  • Introducing new or reimagined approaches to delivering financial education
  • Expanding access to practical, real-world money skills in ways existing models may not fully reach

Program evaluation (optional): While we prioritize grants aligned with the pillars outlined above, applicants may include a reasonable line item for program evaluation and research—up to 20% of the total grant amount requested—as part of their proposed budget.

• Have national or multi-market reach
• Leverage national standards and/or best practices for high-quality and transformative financial education
• Reach populations who face barriers to financial education
• Have a strong track record in providing substantive results and outcomes that demonstrate impact
• Demonstrate that the financial literacy offering is sustainable and poised to scale or is scaling effectively
• Demonstrate the organization is reputable among nonprofit ranking institutions or possesses a strong community reputation

To be considered for a grant, your organization:

• Must be a charitable organization with a 501(c)(3) tax-exempt status provided by the IRS
• Must comply with The Charles Schwab Corporation's nondiscrimination policy

The following organizations are not eligible for funding:

• Organizations that do not serve an educational, community service, or charitable purpose
• Organizations that are political in nature
• Private clubs and fraternal or social organizations
• Individual pre-K–12 schools or school-related activities at individual schools
• Booster clubs, bands, or athletic teams/leagues
• Organizations that do not comply with The Charles Schwab Corporation's nondiscrimination policy
• Individuals
• Private foundations

Organizations must first complete an eligibility quiz, which includes submitting a letter of interest (LOI). Based on alignment with Charles Schwab Foundation's priorities, select organizations may then be invited to submit a full grant application. Review the funding timeline below for key dates and deadlines.

• Does Schwab consider unsolicited grant requests? Unsolicited requests are not accepted outside of the LOI open call window noted above.
• Can I apply for a grant if I am already a grantee of Charles Schwab Foundation? Current grantees interested in applying for a new grant should direct new opportunities to their Charles Schwab Foundation Partnership Manager.
• How are grant decisions made, and who is involved in the review process? Financial literacy grant proposals from invited organizations are reviewed by Charles Schwab Foundation's grant review team. We evaluate opportunities to ensure strong alignment with our funding priorities and eligibility criteria. Final grant decisions are made by Charles Schwab Foundation's Board of Directors.

• What qualifies as "national" or "multi-market" reach? We consider grants to have "national" or "multi-market" reach when they engage priority target audiences across multiple states, regions, or cities in the United States.

• Will organizations be notified if they are not selected to apply for a grant? Yes. All applicants submitting an LOI are notified once application invitation decisions have been made. Due to the volume of requests, we cannot provide individualized feedback.
• What level of funding is available for new financial literacy partners? New grant partners may be invited to apply for a one-time grant ranging between $50,000-$250,000. Grant amounts at the upper limit depend on an organization's compelling case for need, capacity, and alignment to Charles Schwab Foundation's grant criteria. The final grant amount will be determined in consultation with Charles Schwab Foundation's grant review team and Board of Directors.
• Are multi-year grants available, or only one-time support? A very select number of new grants are awarded on an annual basis. While multi-year agreements may be considered, most grants are awarded on a one-year basis. Any future funding is contingent upon available resources and an evaluation of first-year implementation and outcomes.

• What does Schwab look for in terms of recognition? The Foundation may wish to share information about our partnership with your organization. Examples may include:
  • Inclusion in a grant announcement press release
  • Information on our corporate or Charles Schwab Foundation website
  • Digital storytelling and amplification through social media, blogs, etc.
• How can nonprofits best involve Schwab employees in grant partnerships? Volunteering is a key component of how our teammates support our communities. Though not required, if there are volunteer opportunities related to your grant request, please share that information in your application.
• My organization received funding from Charles Schwab Foundation. How do I complete our impact report? A notification will automatically be sent to your organization within three months of your grant date. You'll receive this notification via email, to whichever person you indicated as the primary contact in your initial application. This assessment is an important part of our due diligence to ensure that grant funding is having its intended impact, as well as to provide us with information on how we can continue to improve our work with valuable community partners.