Schwab Charitable Fund (Schwab Charitable) is an independent non-profit foundation located in Orlando, Florida. Established in 1999, Schwab Charitable was created with a mission to increase charitable giving in the U.S. by providing a tax-smart and simple giving solution to donors and their investment advisors. The assets of the foundation are managed and administered by the board of directors.Schwab Charitable Fund's investment portfolio is valued at $15.229 billion, with investments in domestic and international equity, fixed income, real estate, natural resources, private equity, hedge funds, and cash.