The
Schwab Charitable Fund
EIN: 31-1640316 | San Francisco, CA, United States
Is listed in the IRS's Pub 78 as
| PC | A public charity. | 50% (60% for cash contributions) |
Details about Schwab charitable fund (irs.gov)
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So the first 50% charity would be your selection.
Note that donations of appreciated stocks/mutual fund shares may be limited to 30% of AGI anyhow
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Other:
The 50% Charity, 100% Donation, selection ?
.......is only if you donate CASH that exceeds the 50% of AGI ( 60% for cash ) and the recent various Cares Act legislation laws apparently allow you to use up-to 100% of your AGI as a deduction, but again, only for CASH " and directly to a nondonor fund charity.
A recent Forbes article about those 100% cash donations indicated "Donations to donor-advised funds are not eligible for this larger contribution limit. Your tax-deductible charitable donation must be made directly to an eligible nonprofit."
How Anyone Can Get A 2021 Tax Deduction Charitable Donations (forbes.com)
I haven't found the actual IRS law that indicates this....but as long as your contributions to the donor advised fund aren't over the 50-60% of AGI limit anyhow, it wouldn't be a concern of yours.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
