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KPMG Launches Employee Fund Drive for Tsunami Victims NEW YORK, Jan. 6, 2005 (SmartPros) In response to employee sentiment and consistent with President Bush's request for donations by U.S. businesses to aid those affected by the tsunami disaster in South Asia, KPMG has launched a partner and employee fund-raising drive whereby the U.S. firm will match all individual employee contributions for disaster relief. Contributions are being made to the KPMG Disaster Relief Fund. "The human toll alone in Indonesia, Sri Lanka, India, Thailand, and other countries is staggering, and we felt compelled to respond," said Eugene D. O’Kelly, KPMG LLP chairman and CEO. "We’re hopeful that this mobilization of KPMG's 18,000 U.S. partners and employees will help bring some comfort to those in distress." KPMG plans to work with the Disaster Relief Board to identify relief organizations that will best provide assistance to those most in need. The KPMG Fund will also seek advice on how best to allocate fund contributions from its own KPMG senior partners in the affected countries, O’Kelly said. In addition to the matching campaign by the U.S. firm, KPMG International, the global network of professional services firms, has pledged to donate an additional $1 million to relief efforts. 2005 SmartPros Ltd. All rights reserved. |
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