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Charles Schwab Foundation Launches Schwab Moneywise Momentum Grants as Part of a $20 Million Multi-Year Commitment to Financial Education

$SCHWPress releaseMay 27, 2026, 8:00 AM ETRead the release

The Charles Schwab Foundation launched the Schwab Moneywise Momentum Grants, a new annual program providing up to $2 million in funding to nonprofits advancing financial literacy. This initiative is part of a broader $20 million multi-year commitment by the foundation to support financial education across the United States. Applications are open through July 31, 2026, with awards expected in November.

Key figures

Annual grant funding
2000000
Multi year commitment
20000000

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