Charles Schwab 2012 Annual Report Download - page 13

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11
Ask Lou Reda, executive director of Hands
On Bay Area (HOBA), to describe Schwab
volunteers, and the rst thing he says is “Type A.”
“Schwab brought a level of rigor we didn’t realize
was even possible. It’s amazing the amount
of work they get done.” HOBA is a nonprot
community-based organization in San Francisco
that mobilizes volunteers on behalf of a wide
variety of organizations, from food banks and
environmental groups to shelters and job training
services. “A lot of nonprots need human capital.
They’re not able to afford to pay staff members to
do the work. That’s where we step in,” Lou says.
Once a year, Schwab provides an infusion of
human capital in the form of Schwab Volunteer
Week, an all-hands-on-deck event where
“Schwabbies” roll up their sleeves and get out
into the community. But this volunteerism isn’t
limited to just one week. Schwab employees can
be found throughout the year painting classrooms,
sorting donated clothing, and teaching the basics
of managing money to students.
The company’s long-term relationship has also
helped HOBA develop its corporate volunteer
program. “There are a lot of young fast-growing
companies that don’t necessarily understand the
process of engaging in the community. Schwab
gives us a level of credibility.”
LOU REDA, HANDS ON BAY AREA
“We always thought we were organized and together as
an organization. Then we started working with Schwab.”