Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $9,313,959,950

• 1g · Noncash contributions included above

  $6,265,724,782

• 3 · Investment income

  total $347,692,638 · excluded $347,692,638

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,564,566,212 · program services $6,564,566,212

• 3 · Grants to foreign organizations and individuals

  total $59,390,986 · program services $59,390,986

• 5 · Compensation of officers, directors and key employees

  total $2,791,347 · program services $939,517 · management and general $1,187,469 · fundraising $664,361

• 7 · Other salaries and wages

  total $24,264,154 · program services $19,352,109 · management and general $1,788,636 · fundraising $3,123,409

• 9 · Other employee benefits

  total $5,116,040 · program services $3,837,030 · management and general $562,764 · fundraising $716,246

• 10 · Payroll taxes

  total $1,964,874 · program services $1,473,655 · management and general $216,137 · fundraising $275,082

• 11a · Fees: management

  total $2,472,002 · program services $1,854,002 · management and general $271,920 · fundraising $346,080

• 11b · Fees: legal

  total $451,468 · program services $361,174 · management and general $90,294

• 11c · Fees: accounting

  total $444,076 · management and general $444,076

• 11f · Fees: investment management

  total $47,588,220 · program services $47,588,220

• 11g · Fees: other

  total $1,237,278 · program services $1,237,278

• 12 · Advertising and promotion

  total $5,682,547 · fundraising $5,682,547

• 13 · Office expenses

  total $488,467 · program services $366,350 · management and general $53,731 · fundraising $68,386

• 14 · Information technology

  total $20,122,938 · program services $20,122,938

• 17 · Travel

  total $531,071 · program services $398,303 · management and general $58,418 · fundraising $74,350

• 19 · Conferences, conventions and meetings

  total $949,055 · management and general $239,737 · fundraising $709,318

• 23 · Insurance

  total $370,206 · management and general $370,206

• 24a · Other expenses: ADMINISTRATIVE FEE EXP

  total $8,709,352 · program services $6,532,014 · management and general $2,177,338

• 24b · Other expenses: COMMISSIONS

  total $469,051 · program services $469,051

• 24c · Other expenses: UNRELATED BUS. INC. TAX

  total $348,812 · program services $348,812

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $110,351 · end of year $215,697

• 2 · Savings and temporary cash investments

  beginning of year $47,630,106 · end of year $57,835,761

• 4 · Accounts receivable

  beginning of year $55,076,710 · end of year $67,313,454

• 9 · Prepaid expenses and deferred charges

  beginning of year $281,865 · end of year $67,225

• 11 · Investments: publicly traded securities

  beginning of year $26,398,477,472 · end of year $35,446,247,859

• 12 · Investments: other securities

  beginning of year $5,138,499,219 · end of year $5,539,199,275

• 17 · Accounts payable and accrued expenses

  beginning of year $16,114,145 · end of year $23,531,994

• 18 · Grants payable

  beginning of year $52,670,476 · end of year $40,836,640

• 27 · Net assets without donor restrictions

  beginning of year $31,571,291,102 · end of year $41,046,510,637

The filer's explanations (Part III)

PART I, LINE 7:

DONOR ADVISED CHARITABLE GIVING, INC. BONUS PLAN PROVIDES FOR DISCRETIONARY AWARDS BASED ON INDIVIDUAL PERFORMANCE AND SCHWAB CHARITABLE'S FINANCIAL PERFORMANCE DURING THE ANNUAL PERFORMANCE PERIOD. EVERY EMPLOYEE WHO PARTICIPATES IN THE PLAN IS ASSIGNED AN AVERAGE BONUS OPPORTUNITY, STATED IN DOLLAR TERMS, BASED ON THE POSITION. DONOR ADVISED CHARITABLE GIVING, INC.'S FINANCIAL PERFORMANCE IS MEASURED BY METRICS APPROVED BY THE COMPENSATION COMMITTEE OF THE SCHWAB CHARITABLE FUND BOARD.

FORM 990, PART VII, SECTION A, LINE 5

THE WORKFORCE OF DONOR ADVISED CHARITABLE GIVING, INC. ARE EMPLOYEES OF CHARLES SCHWAB & CO. AS OUTLINED IN AN ADMINSTRATIVE SERVICES AGREEMENT WITH CHARLES SCHWAB & CO. AND RECOGNIZED IN AN IRS PRIVATE LETTER RULING DATED FEBRUARY 14, 2014. PAYROLL AND REGULATORY PAYROLL REPORTING REQUIREMENTS ARE FULFILLED BY CHARLES SCHWAB & CO. AND REIMBURSED BY DONOR ADVISED CHARITABLE GIVING, INC.