In 2012, the KPMG Foundation set in motion a plan to launch a six-year, $1,750,000 partnership commitment to Junior Achievement, the world’s largest organization dedicated to educating students about workforce readiness, entrepreneurship, and financial literacy through experiential programs.
Extending the KPMG Foundation’s workforce readiness and diversity pipeline strategies into middle and secondary school education, we will become a major funder of Junior Achievement starting in fiscal 2013.
Junior Achievement empowers young people to own their economic success. It impacts 4 million U.S. students in more than 176,000 classrooms, with the help of 178,000 volunteers.
Our plan is to support a major enhancement and transformation of one of Junior Achievement’s core programs — Finance Park — to increase its relevance in today’s dynamic, rapidly changing digital era.
Funding Finance Park, which provides children with career readiness and financial literacy education in 34 U.S. cities and three other countries, will embody our systemic “pipeline” philosophy.
It completes our “education continuum” by connecting middle school aged children with KPMG’s Family for Literacy, NAF, The PhD Project, and all other programs described in these pages, into a holistic “Cradle to Career” education support system targeting underserved and diverse youth.
We will leverage our financial support of Junior Achievement by encouraging alumni and current doctoral students of The PhD Project to interact with Junior Achievement students in middle and high schools across the country.
KPMG LLP Partner Larry Leva serves as president of Junior Achievement USA.
For more information, visit http://www.ja.org/.
KPMG Foundation’s strategic collaboration with the National Academy Foundation (NAF) embodies our belief in expanding horizons, and our alignment with KPMG LLP’s corporate responsibility.
NAF is a leader in preparing young people for college and career success. With a focus on industry-focused curricula, work-based learning experiences, and business partner expertise, it has grown since 1982 to 500 business academies serving more than 50,000 students, mostly in urban areas. About 90 percent of these students graduate high school and four out of five NAF students go on to college or other post-secondary education.
In addition to committing financial support, KPMG Foundation launched a comprehensive, cross-platform alliance with NAF in fiscal 2011 to strengthen high school accounting education at NAF’s finance academies nationwide.
Through this collaboration, volunteer KPMG professionals inject industry relevance into the classroom. They share their knowledge with students through job shadowing, mock interviews, guest-speaking, and resume/portfolio reviews.
Reaching further, the Foundation engaged volunteer accounting professors who are alumni of The PhD Project, www.phdproject.org, to provide professional guidance to NAF’s accounting curriculum.
ENACTUS (formerly Students in Free Enterprise)
ENACTUS programs match college students with K-12 classes to develop and realize entrepreneurial projects. The primary and secondary school students learn the principles and practices of a market economy and acquire basic business skills. The college students, who work with corporate sponsors, cultivate their own leadership, teamwork, and communication skills. The communities that host ENACTUS projects are often the beneficiaries of new knowledge and services.
KPMG Foundation has a multi-year commitment to ENACTUS, which includes financial support and the active participation of KPMG LLP partners in many of their programs and on the ENACTUS Executive Committee, Board of Directors, and Career Advisory Council. The program has been cited by local and state governments and the U.S. Congress for its exemplary work. Its long-term goal, to prepare very young students for eventual involvement in business education, will bear fruit in the coming century. For more information about ENACTUS, visit: http://www.enactus.org/.