KSM Extends Impact With Largest Community Day Ever and New Time & Talents Program
Katz, Sapper & Miller (KSM) today announced it will donate $500 to any not-for-profit organization at which its employees volunteer 24 hours or more of their time during a calendar year.
Called “Time & Talents,” this new community giving program was unveiled at KSM’s annual all-firm meeting in late October.
“Time & Talents is an addition to our commitment to community that encourages our employees to give of their time,” said Managing Partner David Resnick. “We are proud to enhance the value of our employees’ volunteerism with these matching financial contributions.”
One of the goals of Time & Talents is to encourage more millennial giving. More than 50 percent of KSM’s employees are millennials. Research shows millennials are far more likely to donate clothes, food, and other supplies as well as willingly volunteer their time and talents as a way to supplement monetary donations. Additionally, more millennials give to charity than other generations, according to the Case Foundation’s Millennial Impact Report.
While 40 percent of Fortune 500 companies offer similar volunteer grant programs, KSM’s Time & Talents program provides a higher match amount per hour volunteered. According to Double the Donation’s Analysis of Matching Gift Programs, 80 percent of companies with volunteer grant programs provide between $8 and $15 per hour volunteered. KSM’s $500 contribution equals $20.83 per hour.
This is one of several ways the CPA firm gives back to the community. Not only does KSM encourage individual volunteerism, it also matches individual employee charitable donations up to $500 annually, as well as donations to the United Ways in each of the cities in which KSM is located.
The firm also closes its offices across the country for an annual day of service. This year 325 of KSM’s nearly 450 employees from its Indianapolis; Fort Wayne, Indiana; Oklahoma City; and New York City offices are participating in the all-firm volunteer day.
Keeping you updated on COVID-19 and its impact on businesses and individuals.