KPMG LLP, the U.S. audit, tax and advisory firm, is celebrating its 125th anniversary on Aug. 2. In recognition of this milestone, the firm’s partners and professionals will participate in Community Impact Day, which includes community volunteer activities across the country and special events planned in key markets.
“Since 1897, our firm and our people have taken great pride in serving our clients, communities and the capital markets with excellence,” said Paul Knopp, chair and CEO, KPMG LLP. “We look forward to celebrating our 125th anniversary and beyond by continuing to invest in and positively impact our communities across the country where our people live and work.”
In honor of the 125th anniversary, the firm and the KPMG U.S. Foundation will invest $125 million over the next five years in programs helping underrepresented groups confront systemic barriers to opportunities in education, health care, and economic opportunity, while working together with these groups to help create stronger, more resilient communities.
All firm professionals have been provided with “impact hours” for participation in Community Impact Day activities on Aug. 2, in addition to the community impact hours KPMG grants each person annually. KPMG’s 90 offices across the country identified 450 local nonprofits to support for the 125th anniversary celebration.
“Although much has changed since our founding, supporting the communities where we live and work is core to who we are as a firm and will continue to be,” said KPMG Deputy Chair and Chief Operating Officer Laura Newinski. “It’s especially fitting that we spend the day of our 125th anniversary giving back.”
Special anniversary activities are planned in New York, where the firm’s headquarters are located, and Orlando, Fla., the home of KPMG Lakehouse, the firm’s learning, development and innovation facility. Follow the firm’s activities on Instagram, LinkedIn, Twitter, and YouTube.