Charles and Helen Schwab Foundation is a foundation based in San Francisco, California. Established in 1987, the foundation support organizations which alleviate suffering, take aim at its root cause, and give people a fair shot at their own success. It makes grants to nonprofit organizations identified and selected by the foundation's board and executive staff based on years of partnership with providers who bring a deep knowledge of their community and a strong commitment to improving lives. The assets are managed by its Board of Directors.Charles and Helen Schwab Foundation's investment portfolio is valued at $422.14 million with investments in domestic and international equities, cash, and private equity.