Nvidia CEO Huang Has Billions at Foundation Where He Logs 1-Hour Weeks [BNN Bloomberg (Canada)]
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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Source: BNN Bloomberg
The couple had stockpiled 69 million Nvidia shares in the Jen-Hsun & Lori Huang Foundation by the end of 2022 through repeated annual donations that began almost two decades ago, public tax filings show. The blistering rally in the company's stock puts the value of that stake at more than $8 billion, according to John Seitz, the founder of FoundationMark, a firm that tracks foundations' investment performance. Even that figure may understate the amount of charitable assets now at the couple's disposal. Documents show that a charity run by Charles Schwab Corp. controls an additional $4.4 billion of Nvidia shares, at least some of which are held in a donor-advised fund for the Huangs and their foundation. Those sums far exceed what the foundation has reported giving away. From its creation in 2007 through 2022, it has donated or pledged about $65 million to outside nonprofits, primarily Stanford and Oregon State universities. It has also given about $125 million, primarily in the f
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SCHW
Earnings
- 4/15/24 - Beat
SCHW
Sec Filings
- 7/2/24 - Form N-CSRS
- 6/25/24 - Form 497J
- 6/24/24 - Form 4
- SCHW's page on the SEC website