SCHWAB CHARLES FAMILY OF FUNDS
DEFS14A, 2000-04-27
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                            SCHEDULE 14A INFORMATION
                PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
                SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )

Filed by the Registrant [X]
Filed by a Party other than the Registrant [  ]

Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
    14a-6(e)(2)
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12

                       The Charles Schwab Family of Funds
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                (Name of Registrant as Specified in its Charter)

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      (Name of Person(s) Filing Proxy Statement., if other than Registrant)

Payment of Filing Fee (Check the appropriate box):

[x]  No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

         1) Title of each class of securities to which transaction applies:

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         2) Aggregate number of securities to which transaction applies:

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         3)   Per unit price or other underlying value of transaction computed
              pursuant to Exchange Act Rule 0-11 (set forth the amount on which
              the filing fee is calculated and state how it was determined):

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         4) Proposed maximum aggregate value of transaction:

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         5) Total fee paid:

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[  ]     Fee paid previously with preliminary materials.
[  ]     Check box if any part of the fee is offset as provided by Exchange
         Act Rule 0-11(a)(2) and identify the filing for which the offsetting
         fee was paid previously. Identify the previous filing by registration
         statement number, or the Form or Schedule and the date of its filing.

         1)  Amount Previously Paid:
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         2)  Form, Schedule or Registration Statement No.:
                                                          ----------------
         3)  Filing Party:
                          ------------------------------------------------
         4)  Date Filed:
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4/27/2000


As previously communicated, SchwabFunds is conducting a proxy mailing to all
shareholders as of record date, March 3, 2000. A proxy solicitor, D.F. King &
Co., has been retained to make follow-up phone calls as necessary on behalf of
the funds. These phone calls are scheduled to begin for institutional clients on
or about May 1, 2000.

Based on your clients' standing preferences for proxy voting, the call will be
directed to the authorized voting party - either you or your client. A prompt
response from you or your clients will help reduce the likelihood of receiving
follow-up phone calls or mailings.

Again, we hope that you view this proxy effort as an opportunity to determine
the proxy instructions your clients have on file with Schwab Institutional and
if necessary, alter them.




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