KPMG to fund scholarships with major gift
, February 13th, 2008
KPMG LLP and the KPMG Foundation have announced a gift of $550,000 to the accounting department at Mays Business School at Texas A&M University. This gift will establish an endowed scholarship fund for high-achieving Aggie accounting majors.
The accounting department has benefited from a long line of KPMG contributions through their relationship of more than 30 years with the firm. What is unique about this gift is its timing, as KPMG has very recently concluded a five-year pledge of $500,000 to fund an endowed chair. The back-to-back gifts demonstrate the firm’s commitment to the future of the accounting department.
“Our firm has a legacy of giving, and we intend to continue that tradition,” said Randy L. Hill, a partner-in-charge of the audit practice at KPMG’s Dallas office, who graduated with his degree in accounting from Mays in 1983. “We’ve been fortunate enough to hire some great students from Maysâ€¦they have the initiative, motivation and attitude to do well in this field. We want to do everything we can to keep this program strong.”
Hill says that the firm evaluated past giving and determined that their current gift should more directly benefit the students. The gift’s purpose is to help Mays to attract the “best and brightest students to the accounting program.”
“KPMG is a long-time supporter of our Accounting program,” said Ricky Griffin, interim dean of Mays Business School. “The firm’s support has been an important factor in the high national rankings that have been achieved by the Department of Accounting. The scholarships provided by this gift will help insure that our accounting program will continue to gain in prominence and recognition. We sincerely appreciate KPMG’s generosity.”
KPMG is a global network of professional firms providing audit, tax, and advisory services, operating in 148 countries with more than 113,000 professionals working in member firms around the world.
About Mays Business School
Mays Business School currently enrolls more than 4,000 undergraduate students and 875 graduate students. Mays is nationally ranked among public business schools for the quality of its undergraduate program, MBA program and the faculty scholarship of its 110 professors in five departments.