KPMG Foundation awards $470,000 in scholarships

The KPMG Foundation this week announced it has awarded a total of $470,000 in scholarships to 47 minority accounting doctoral students for the 2010-2011 academic year.

Of the 47 scholarships, the foundation named 12 new recipients and renewed 35 existing awards. Each scholarship is valued at $10,000 and renewable annually for up to five years.
 
“We are pleased to provide financial support, career guidance, and other resources to each of these talented men and women as they move closer to fulfilling their dreams of becoming business professors,” said Bernie Milano, KPMG Foundation president.
 
“Over the years it has been a pleasure to see the impact the recipients of these scholarships have had on improving diversity in business schools and we look forward to the accomplishments of these 47 individuals,” Milano said.
 
Since 1994, the KPMG Foundation has awarded scholarships to 288 African American, Hispanic, and Native American scholars pursuing doctorate degrees, as part of its ongoing commitment to increase the representation of minority students and professors in business schools.
 
Today, 183 of the scholarship recipients have completed their doctoral program and are professors at universities throughout the country, with an additional 60 students, including the 47 receiving scholarships this year, currently in a doctoral program or scheduled to begin one this fall.
 
Created by the KPMG Foundation in 1994, The PhD Project, a related program designed to increase the diversity of business school faculty, has helped to boost the number of minority business professors to more than 1,043 from 294 when the project started. As of this September, there will be approximately 400 minorities in business-related doctoral programs.
 
“Strengthening diversity in the workforce starts in the classroom,” said Stacy Sturgeon, KPMG LLP’s national managing partner – university relations and recruiting. “A more diverse faculty means more role models who can inspire younger minority students to pursue business degrees.”
 
The new recipients and their PhD affiliations are:
  • Marquita Barnes, Georgia State
  • John Barrios, University of Miami
  • Kayla Booker, Jackson State University
  • Marcus Brooks, University of Texas San Antonio
  • Joanna Garcia, Virginia Tech
  • Rachel Martin, University of Wisconsin-Madison
  • Michael Paz, Drexel University
  • Joshua Racca, University of North Texas
  • Willie Reddic, Syracuse University
  • Joseph Reid, University of Memphis
  • Raul Tapia, University of Texas El Paso
  • Chanta Thomas, Southern Illinois University-Carbondale
 
Related articles:
 

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.