KPMG US will give 2 million to Coronavirus causes. KPMG’s US division announced that they will be donating $2 million to various causes related to COVID 19.
They will be donating this money through KPMG US Foundation.
- $1 million will go to the KPMG US disaster relief fund.
- $500,000 will go to setting up the KPMG disaster relief fund.
- $400,000 will go to grants that employees choose. The grants will be about $500 each.
- The remaining amount will go to nonprofits where KPMG already has existing relationships.
KPMG has decided to set up this donation after PwC recently donated almost $3 million in COVID 19 donations.