Charles Schwab Pro Bono Challenge 2020 Champions Financial Literacy for Social Justice, COVID-19 Relief, and Military Communities

TheCharles SchwabPro Bono Challenge is an annual skills-based volunteer event in partnership withCommon Impactthat taps into Schwabbies’ professional expertise to build nonprofit capacity and create long-term community impact.

在2020年，传统的为期一天的闪存咨询活动完全虚拟地进行了虚拟活动，并被扩展到为期三个星期的咨询项目，以便更好地支持COVID-19期间非营利组织和社区的需求增加。392个来自九个地区的查尔斯·施瓦布（Charles Schwab）与65个非营利组织合作，以应对其紧急战略和运营挑战，价值749,000美元，以实现Bono的支持。

As a leading financial services company, Charles Schwab traditionally focuses its skilled volunteering work on financial literacy and the Pro Bono Challenge was no exception. The 67 projects were designed to leverage financial literacy as a tool to champion other causes close to Schwabbies’ hearts, including fostering equity, promoting COVID-19 relief, and supporting military communities. Among the projects were collaborations with nonprofits local to Charles Schwab branches, such as:

• Boys & Girls Clubs of Greater Tarrant County(Fort Worth, TX), which received a financial modeling template to inform the potential growth of their daily meal programs.
• 中心社区合作伙188bet网址怎么打不开伴(Oakland, CA), an organization that provides underserved, low-income business owners – especially women and people of color – with entrepreneurship education and access to capital. Centro finished the Pro Bono Challenge with a product marketing strategy to increase awareness of its business planning app within the low-to-moderate income and BIPOC entrepreneur communities.
• PeopleFund(Austin, TX), a nonprofit lender that provides entrepreneurs who are veterans or members of military families with capital and resources to build their small businesses. The certified Community Development Financial Institution (CDFI) received customized UX/UI recommendations for its loan qualification web tool, enabling PeopleFund to reach more military community entrepreneurs during COVID-19.

“The Pro Bono Challenge was extremely beneficial. Having actual deliverables we can instantly apply is priceless and allows for us to spend more time serving [our constituents],” said one nonprofit participant.

99% of Schwabbies felt like their work at the Pro Bono Challenge made a real impact for their nonprofit partner and 56% plan to continue collaborating with them. The Schwabbies benefited directly, too, with over 80% reporting professional development gains across leadership, strategic thinking, problem solving, and navigating ambiguity, to name a few. “I like that we're making a difference with local [nonprofits] and that we can extend that relationship outside of the Challenge,” one volunteer remarked. “This is a great way to further leverage various skills within the organization to make a difference.”

Access the full case studyto learn more about the 2020 Charles Schwab Pro Bono Challenge and it’s enduring impact.