The Charles Schwab Corporation sponsors an annual “FERSTT Aid Day” for its employees throughout the US. “FERSTT” is an acronym representing Schwab’s corporate values: fairness, empathy, responsiveness, striving, teamwork, and trust. On the May 25, 2006 FERSTT Aid Day, over 1,200 Schwab employees from nine cities spent a portion of the day doing charitable work in their communities with 50 nonprofit organizations. The selected nonprofits receive direct service from Schwab employees as well as a $1,000 grant.

In addition, Schwab encourages their employees to exercise their personal philanthropy during the month of May. Donations made by employees to their favorite charities in May receive a special match of 100% through the Employee Matching Gifts program. During the rest of the year, employee donations are match at $.50/$1.

The Charles Schwab Corporation is a leading provider of financial services offering securities brokerage, banking, money management, and financial advisory services.

Funded by the Charles Schwab Corporation, Charles Schwab Foundation is committed to giving back to the community by supporting employee-selected causes and fostering financial literacy through funding, involvement and expertise.

For more information, please go to: http://www.schwab.com/  
http://www.csrwire.com/article.cgi/5670.html  or http://www.aboutschwab.com/press/press-release.cgi?release_id=860936

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