Kpmg Us Foundation Inc
KPMG US Foundation Inc is a 501(c)(3) public charity established in 1994 and headquartered in Montvale, New Jersey. The Foundation builds trusted collaborations with national and local nonprofits operating where KPMG employees live and work to create greater opportunities for all. The organization operates under the motto "Give. Serve. Grow."
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.2M
-2.8% YoY
Annual Giving
$25.3M
+15.8% YoY
Grant Count
369
-3.9% YoY
Avg Grant Size
$69K
+20.5% YoY
Mission & Focus Areas
The Foundation's mission centers on creating a world with inclusion and greater opportunities for all through three primary focus areas:
Education
- College readiness: Academic and foundational skills to prepare students for success in college
- Career preparation: Skills development, work-based learning, and career exploration
- Educator training and support: Professional growth, technology, connectivity, and wellness
- Building a workforce ready for the AI future
Mental Health
- Awareness and stigma reduction: Dialogue and community-informed approaches to reduce barriers
- Access to services: Availability and outreach within communities
- Training and support for practitioners: Resources to deliver care and foster professional development
Community Vitality
- Holistic approaches: Programs that address interconnected issues unique to each community
- Strong communities: Investments in neighborhoods to help communities thrive
- Localized efforts: Programs that foster vitality where KPMG people live and work
Grantmaking
The Foundation operates on an invitation-only basis. Success rate and decision timeline are not publicly disclosed.
Grant Range
$5,050 to $1,750,000
Average Grant
amount and median grant amount data not publicly disclosed
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Foundation focuses on communities where KPMG U.S. operates and where its employees live and work. Primary funding states include New York, California, and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024
- Total Assets: $13.2 million
- Total Liabilities: $15.5 million
- Revenue: $26.5 million
- Expenses: $32.7 million
- Net Income: -$6.2 million
Tax-Exempt Status Tax-exempt since January 1994. Donations to the organization are tax deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,178,747 | $13,556,127 | $7,668,523 |
| Revenue | $26,497,027 | $26,733,528 | $21,294,183 |
| Expenses | $32,733,767 | $29,208,869 | $19,993,945 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $720,080 | $568,021 | $44,964 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Anita Whitehead: KPMG Foundation – Corporate Affairs Development (contact person listed)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANITA V WHITEHEAD | PRESIDENT & CHAIR | 3 | — |
| FIONA M GRANDI | DIRECTOR | 0.5 | — |
| JAMES POWELL | TREASURER & DIRECTOR | 0.5 | — |
| ROBERT T SOLES | SECRETARY & DIRECTOR | 0.5 | — |
| DEREK W THOMAS | DIRECTOR | 0.5 | — |
| DEBBIE HEARD | DIRECTOR | 0.5 | — |
| ELENA RICHARDS | EX-OFFICIO DIRECTOR | 0.5 | — |
| MICHAEL GRILLAERT | DIRECTOR | 0.5 | — |
| CHRISTOPHER AMMANN | DIRECTOR | 0.5 | — |
| TODD ELLIS | DIRECTOR | 0.5 | — |
| MARK FITZGERALD | DIRECTOR | 0.5 | — |
| ARUN RAJAPPA | DIRECTOR | 0.5 | — |
| CAMARON THORSON | DIRECTOR | 0.5 | — |
| LIEZL WALKER | DIRECTOR | 0.5 | — |
| KRISTIN ZETTLEMOYER | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has announced several significant initiatives and grants:
**AI Impact Initiative (2025)**: Committed $6 million to empower nonprofits with artificial intelligence, supporting 12 organizations in integrating AI into their operations
KPMG U.S. Foundation commits $6 million to empowering nonprofits with AI**Child Mind Institute Grant**: Awarded $600,000 to support children's mental health initiatives
KPMG U.S. Foundation Grants the Child Mind Institute $600K to Support Children\u2019\**Birmingham Promise**: Provided a grant to support this community initiative
KPMG U.S. Foundation Grants the Child Mind Institute $600K to Support Children\u2019\**Content Migration (2023)**: Shifted social media updates related to the Foundation to KPMG US channels
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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