Adding it all up, DePaul friends and alumni at KPMG, and the KPMG Foundation, have provided the School of Accountancy and the university’s Many Dreams, One Mission Campaign a very major gift: $480,000.
As announced at a special October 30 DePaul Center ceremony by KPMG partner (and past L&Q President) Terry Kenney (BUS ’80) and KPMG Chicago Metro Partner in Charge of Audit Bill Tomazin (BUS ’84, MS ’84), the gift–composed of pledges, matching funds and a Foundation grant–includes ongoing support for KPMG Alumni Distinguished Professor Sandra Shelton, and the establishment of KPMG Endowed Scholarships.
School Director Kevin Stevens (MST ’86) was clear in his acknowledgement: “Our friends and alumni at KPMG listened very carefully to our needs, and have provided us with an unparalleled gift that will impact DePaul for many years: the professorship, to assure our continued excellence i
n accounting education, and the scholarships, to both attract top students to DePaul and provide the financial support so very many of them need.”
As could be expected, Ledger & Quill members at the firm took a leadership role in the effort. In addition to long-time members Kenney (who was also instrumental in establishing the Robert M. Peters Endowed Scholarship) and Tomazin, KPMG partners participating include L&Q Board member Cathy Baumann (BUS ’96), Saul Caisman (BUS ’66, JD ’70), Dan Doherty (BUS ’85), Michael Grillaert (BUS ’75), Rich Imrisek (BUS ’91), Christine Kachinsky-Bye (BUS ’93, MST ’97), David Marino (BUS ’94, MS ’94), John Moran (BUS ’79, MBA ’88), and John Naughton (BUS ’70).
“KPMG has made a remarkable contribution to the students and faculty of DePaul, as well as cast a solid vote of confidence in our accounting programs and alumni,” said Driehaus College Dean Ray Whittington. “It’s good to see ‘KPMG Endowed Scholarships’ under the L&Q umbrella.”
Faculty excellence and student support are critical to the success of the university and thus prominent in our Many Dreams, One Mission Campaign, which seeks to assure the university’s Vincentian mission well into the future. Due to its early success, the campaign will be continued through its original completion date of 2014 with a new goal of $300 million.
On the teaching side of things, Prof. Shelton was deeply appreciative of the support provided by the KPMG Foundation. As a doctoral student, Shelton was one of the first recipients of the KPMG Doctoral Scholarship while a student at the University of Wisconsin. Since then, almost 300 scholarships for minority doctoral candidates have been awarded. Prof. Shelton serves as a member of the Planning Committee for The PhD Project, which the KPMG Foundation co-founded in 1994 to address the under-representation of minorities on the faculties of US business schools. Now as the KMPG Professor at DePaul–one of over 40 such distinguished professorships provided by the Foundation over the last four decades–she’ll continue her teaching, research and service, most notably in the school’s newly-established Internal Audit Education Program, one of only 15 programs nationwide with the Comprehensive Internal Auditing Education Program designation by the Institute of Internal Auditors (IIA).
Prof Shelton summed the afternoon graciously: “We’d all like to thank our good friends and alumni at KPMG and the KPMG Foundation for making so very much possible for so very, very many here at DePaul, and nationwide,” she said. “Their leadership and generosity are an inspiration.”