Because Change Can’t Wait
For decades, Larry and Joyce Stupski were committed to giving back to the communities they called home. As the former president and chief operating officer of Charles Schwab, Larry was passionate about using his success to create opportunities for others. Joyce, a longtime entrepreneur and former educator, shared this vision. After Larry’s passing, Joyce reestablished the Stupski Foundation as a spend down foundation in 2014 to double down on what mattered most to them as a couple and to honor Larry’s memory. “Spending down gives our team of staff and grantee-partners the opportunity to dream big, take risks, and make real change in our communities,” Joyce shared. Since Joyce’s passing in 2021, the foundation continues to carry on the Stupski’s legacy and Joyce’s vision for the spend down.
As a spend down foundation, the Stupski Foundation will invest all of our assets in collaboration with community partners by 2029 to make the greatest possible change in our communities today. We focus on partners who primarily serve our communities in San Francisco and Alameda Counties and the state of Hawai‘i. We believe that if we are to live our values, we must go all in on investing in the transformative work of our partners. They are the ones who will make a significant impact long after we close our doors. Inspired by Joyce’s decision to spend down, we commit to spending every dollar we have on transformational change so that every member of our community enjoys a life marked by dignity, connectedness, and caring.