Charles Schwab Foundation commits $20 million（約32億円） over three years to expand financial education for young people.

What happened

On June 10, Charles Schwab Foundation announced a $2.85 million（約4.6億円） expansion of its partnership with SIFMA Foundation. Over the upcoming 3 years, the Foundation committed over $20 million（約32億円） to non-profit partners focused on developing financial knowledge, confidence, and practical skills among young people.

Why it matters

The expanded investment builds on a shared focus toward providing young people with trusted investing knowledge in a complex financial environment. Charles Schwab Foundation, an independent non-profit financed by The Charles Schwab Corporation, is using this funding to extend support to SIFMA Foundation's multi-year plans for reaching more young people and expanding key programs.

What to watch

The commitment runs over the upcoming 3 years, with the Foundation directing over $20 million（約32億円） total to non-profit partners. This funding will support programs designed to broaden access to high-quality investing education.