In 2015, RSM marked the start of its 90th year with the launch of the
RSM U.S. Foundation, which provides a structure to align giving with firm
strategy to better measure and recognize the firm’s contributions. The
tax-exempt, public charity is dedicated to building tomorrow’s middle
It accomplishes this by: Enhancing educational outcomes through programs
for individuals to have a career path to
become an entrepreneur or middle market
business leader; Supporting organizations
committed to providing a more stable
environment for youth in the areas of
hunger, housing and health, which will
help them excel in education.
RSM has a long tradition of investing
time and financial resources in philanthropic causes, both locally and nationally,
says Joanne Raffa, a Director at RSM.
A few years back, the firm laid the
footings of a giving strategy designed to
be compelling to its people, clients and
markets while enhancing its long-standing support of the communities where
employees live and work, Raffa says.
“Because our philanthropy is aligned
with our firm strategy, our foundation programs directly support our firm’s core values, particularly integrity and stewardship,
while enhancing our recruiting, employee
engagement and retention, reputation and
client loyalty efforts,” Raffa says.
Highlights from the foundation’s first
year include: More than 700 RSM partners, principals, spouses and guests ran,
jogged or walked to raise awareness of
childhood hunger in Las Vegas.
They also contributed over $150,000
to the foundation to benefit childhood
nutrition programs at Three Square, a Las
Vegas area food bank.
In 2015, partners, principals, employees, clients and friends of the firm raised
$781,387 for 65 charities aligned
with the RSM US Foundation
mission. The foundation added
$500,000 in matching funds.
In addition, the foundation
provided Dollars for Doers
grants, matching employees’ direct
volunteer time for charities aligned with
the foundation’s mission: RSM new hire
attendees packed food for the Greater
Chicago Food Depository and assembled
winter care kits for The Boys & Girls
Clubs of Chicago. Grants for these group
activities totaled $10,500, Raffa says.
More than 2,600 employees participated
in RSM Volunteer Day—building homes,
mentoring students, playing games and doing
crafts with kids, cleaning and painting, sorting food and clothing donations, grounds
clean-up and gardening, and more.
“Nineteen charities aligned with the
RSM U.S. Foundation mission benefited
from our employees’ direct volunteer
service and received funding totalling
$25,800,” Raffa says.
In its inaugural year, the foundation
also provided $21,000 for 63 Dollars for
Doers grants related to individual employee
The foundation recently established the
Wilfred H. Heitritter Excellence in Tax
Fund at the University of Iowa to honor
the contributions and leadership of the late
Bill Heitritter, a retired RSM partner.
The RSM U.S. Foundation matches
RSM partner donations of up to $5,000,
up to $25,000.
TYPE OF WORK
its RSM US