Career Opportunities at KPMG: Corporate citizenship review

KPMG corporate citizenship report

Helping make a better world

KPMG: Proud to be Part of the Communities We Serve
Teaming With National Non-Profits
The KPMG Foundation
Giving and Service Data

KPMG: Proud to be Part of the Communities We Serve

As an audit, tax, and advisory firm, KPMG depends on the mutually supportive relationships we establish with our communities. That is why "We are committed to our communities" is one of our core values. It is at the heart of our business and culture. KPMG people, clients, and the myriad other organizations we work with form a fabric of communities that stretch from coast to coast and around the world, and it is our privilege and responsibility to serve them. In 2007, our employees and partners demonstrated community service with enthusiasm, donating a total of 150,000 hours of paid and unpaid volunteer time, more than ever before. Our corporate giving programs entered into new relationships with organizations doing innovative and exciting community service — and we continued our successful relationships with others.

Volunteerism: Our Skin in the Game

In 2007, KPMG employees and partners walked for the American Cancer Society in Albany, bowled for Big Brother/Big Sisters in Tulsa, painted for the Boys' and Girls' Club in Orlando, worked with Special Olympics athletes in Anchorage, weatherized apartments in Portland, and did much more. KPMG so values charitable and community volunteerism that it encourages eligible employees to volunteer during business hours. Our Volunteer Time Release (VTR) program enables employees to volunteer 12 hours per year during KPMG's normal business hours. We are proud to have been the first firm in our industry to offer a national volunteer time release program. In 2007, more than 4,500 partners and employees participated in the VTR program, using 31,000 hours for community involvement activities.

Chairman's Award

Another way KPMG demonstrates its support of volunteerism is through its recognition program for outstanding volunteers. The Chairman's Award for Excellence in Volunteerism honors partners and employees who perform exceptional community service. KPMG recognizes up to four individuals per office, as well as 26 individuals nationally, each year. National recipients of the 2007 Chairman's Award included KPMG professionals who help low income high school students prepare for college, teach English to immigrants, work in a food pantry that serves individuals afflicted with AIDS/HIV, and rebuilt homes devastated by Hurricanes Rita and Katrina. KPMG makes a financial donation to the recipients' charity of choice, and each honoree is recognized at an annual event honoring their charitable service.

Involve: Community Involvement through Volunteerism and Fundraising

Involve is KPMG's national community involvement program. Though national in scope, it is managed at the local grass-roots level; employees and partners use their knowledge of the communities in which they live to choose the projects they support. KPMG has an Involve committee in nearly every office across the U.S. In 2007, KPMG employees and partners donated nearly 90,000 volunteer hours at Involve events.

Community Giving Campaign — A Channel for Passion

KPMG's Community Giving Campaign provides employees and partners an easy way to give to the organizations they feel most passionate about. The campaign occurs between September and December each year and allows KPMG people to make on-line anonymous contributions to a variety of organizations. Participants can choose to give using a debit or credit card, or through payroll deduction or the Charitable Flex Fund. During the 2007 Community Giving Campaign, KPMG employees and partners pledged more than $7.1 million — more than ever before, and an increase of 30 percent over the previous year.

Teaming With National Non-Profits

KPMG teams with many national non-profit organizations on events, volunteer activities, and fundraising programs. These organizations are selected based on extensive involvement by KPMG volunteers, results of research, surveys and focus groups, and the organizations' proven track record of helping people overcome extraordinary challenges. These KPMG national non-profit affiliations are deep and long-standing. Aside from traditional programs mentioned above, the affiliations include skills-based volunteering, which matches a volunteer's professional skills with the needs of a particular non-profit organization, and includes many cases of KPMG partners providing intellectual capital by serving on boards of non-profit organizations. Nearly half of our partners are currently serving on at least one board.

American Cancer Society
For many years, KPMG has played an active role in raising funds for the American Cancer Society. This includes participation in the organization's signature Relay for Life program since 2001. In 2007 alone, more than 1,000 KPMG employees and partners from more than 40 offices participated in Relay for Life, Making Strides Against Breast Cancer, and Daffodil Days events in their communities. Through these events — as well as our KPMG Community Giving Campaign and firm philanthropic contributions — more than 7,000 hours of volunteer time helped raise upward of $500,000 for cancer research, education, advocacy, and services.

Junior Achievement
In 2007, employees and partners from more than 30 KPMG offices participated in Junior Achievement events. They volunteered more than 10,000 hours as classroom mentors and helped young people understand the economics of life. KPMG people also supported Junior Achievement by serving on more than 40 local chapter boards and raising money at various events. Overall, more than 1,700 partners, employees, family members and friends helped make a positive impact on Junior Achievement. More than $600,000 was raised for the organization through bowl-a-thons, golf outings, local hall of fame events, and the KPMG Community Giving Campaign.

National Multiple Sclerosis Society
The National Multiple Sclerosis Society is one of KPMG's strongest and fastest-growing national non-profit affiliations. In fact, the organization has listed KPMG as one of its National Partners. In 2007, KPMG deployed 25 walking and cycling teams comprised of nearly 600 partners, employees, family members, and friends. More than $600,000 was raised for the organization through bowl-a-thons, golf outings, local hall of fame events, sponsorship, and the KPMG Community Giving Campaign.

American Red Cross
Last year more than 2,000 KPMG partners and employees participated in more than 50 blood drives across the U.S. They devoted nearly 4,000 hours of their time and donated more than 1,800 units of blood, potentially helping to save an estimated 5,500 lives. In addition, the firm donated more than $100,000 to the organization through the KPMG Community Giving Campaign and other philanthropic efforts.

March of Dimes
Five hundred walkers from 30 KPMG offices helped the firm raise nearly $375,000 for the March of Dimes in 2007. Additionally, partners and employees gave 1,700 hours of volunteer time to help the organization in its mission of saving children. In the past 10 years, in WalkAmerica events alone, KPMG has raised more than $3.3 million for the March of Dimes.

American Heart Association
Employees and partners from 29 KPMG offices, along with family and friends — 650 individuals in all — teamed up with the American Heart Association to promote events and raise awareness in 2007. The activities generated nearly $170,000 to fight heart disease and related illnesses — making a real difference in patients' lives and helping researchers find cures. Each year KPMG gives nearly $500,000 to the American Heart Association through Heart Walk, National Wear Red Day, and the KPMG Community Giving Campaign as well as the firm's philanthropic and sponsorship programs.

The KPMG Foundation

The KPMG Foundation is a separate legal entity that invests in business education through its support of U.S. educational institutions and programs. In fiscal year 2007, the Foundation invested $8.4 million in academic grants and scholarships, research and conferences, diversity programs, student-as-citizen programs, and volunteerism. The Foundation views its mission as planting the seeds of leadership, nurturing professionals who can make a difference, and thereby laying the groundwork for quality leadership.

Last year, the Foundation continued its role as lead sponsor of The PhD Project, which encourages bright, motivated minority individuals to consider doctoral studies in business and careers as business professors. It also continued its Matching Gift Program, the foundation's largest annual investment. The program matches donations from KPMG's active and retired partners, and active employees, to colleges or universities with strong business programs. This year's donations combined with the Foundation match totaled $4.7 million.

A new initiative for the Foundation in 2007 was KPMG's National Audit Case Competition Program, which it manages in tandem with KPMG International's Global Services Centre. The program gives students the opportunity to compete on simulated audit teams and receive feedback from an audit partner and mentor.

Disaster Relief Fund

KPMG has established its own non-profit organization, the Disaster Relief Fund (DRF), aimed at supporting individuals whose lives are impacted by a natural disaster. The DRF provides a way for KPMG partners and employees to assist employees who have an immediate financial need and/or permanent financial loss resulting from a natural disaster. The DRF also distributes funds in support of other non-profit organizations to aid relief and reconstruction after a disaster. Proceeds from the DRF continue to assist in recovery efforts from Hurricanes Katirina and Rita in 2005, the 2004 Indian Ocean tsunami, 2005 Pakistan earthquake, and 2007 fires in Southern California.