The KPMG Foundation (“the Foundation”), officially chartered as a charitable entity in February 2008, manages the partnership’s contributions and the strategic allocation of funds.
The Foundation is governed by a board, which meets regularly to review grant proposals, select grantees and manage the partnership’s contributions to strategically allocate funds in line with the firm’s four CSR pillars. The board also works with KPMG China’s 14 local CSR Committees to identify volunteer opportunities and potential community partners. This structured giving platform complements our firm’s CSR goals, and helps ensure that all our programmes are needs-driven, scalable and sustainable in the long term.
The Foundation’s objective is to support the underprivileged and disadvantaged youth in Hong Kong and China through projects focusing on education and empowerment. It also focuses on promoting community participation in the protection of the environment in Hong Kong and China. In addition, the Foundation is the gatekeeper for managing the partnership’s contribution. Therefore, a set of guiding principles was set to assist the Foundation board in making grants to support certain programmes or initiatives.
The KPMG Foundation takes into account the following factors when supporting a project: