The Foundation is a non-profit organization and is a separate entity to the KPMG Audit, Tax and Advisory practices in Luxembourg. KPMG in Luxembourg has committed to contribute a fixed percentage of annual turnover, in accordance with OECD governance guidelines, irrespective of the level of profit earned by the firm. Partners and staff as well as third parties will also be able to contribute personally to the Foundation.

In 2017 KPMG has made a commitment to donate €100,000.00 per year to Friendship Luxembourg for 5 years as an effort to make a real difference in the lives of those in the Least Developed Country of Bangladesh. This support will help Friendship in providing education, medical care, training and climate change mitigation methods to the communities in the remote river chars (or islands) in the northern part of the country.

Individual KPMG employee donations make up almost €20,000.00 per year of the annual commitment through payroll giving and €400,000.00 in donations will have been made by 2020. We invite you to take a look at what has been accomplished so far in the KPMG Friendship activity report.
 

2020 KPMG Friendship project activity report (PDF | 6.9Mb)