KPMG Disaster Relief Fund Exceeds $900,000

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KPMG LLP has taken a multi-pronged approach to providing relief in response to Hurricane Katrina. According to a KPMG media statement, the firm has removed the $150,000 annual cap on voluntary employee contributions and is matching employee contributions to the KPMG Disaster Relief Fund. A total of $900,000 has been raised so far. In addition the firm developed a “Helping Hands” web site connecting the approximately 150 KPMG employees in the Gulf Coast region directly affected by Hurricane Katrina with other employees willing to donate the needed items, from cell phones to diapers to temporary housing.

“I'm proud of the response by our partners and employees. They have again answered the call to help others and make a real difference – compassionately, generously and professionally,” said KPMG LLP chairman and CEO Timothy P. Flynn in a prepared statement. “That level of involvement exemplifies our commitment to our communities, which is also demonstrated by KPMG's long history of volunteerism in the communities where we live and work.”

The firm has also taken steps to ensure continuity of client service. To meet client and operational needs, partners and employees have been relocated to offices throughout the Southeast and Southwest and the New Orleans office has been relocated to Baton Rouge according to the statement.

Along with the firm-sponsored programs, KPMG reports many partners and employees are also supporting disaster relief efforts such as blood drives, clothing donations and volunteering at food banks, places of worship and other community programs.

KPMG LLP is the U.S. member firm of KPMG International.

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