KPMG Pledges $1.5 Million to African Poverty Relief

KPMG plans to contribute $1.5 million over the next five years to a village in Tanzania as part of a poverty relief project.

The donation is going to Millennium Promise, a nonprofit organization that aims to end extreme poverty in sub-Saharan Africa. The organization's Millennium Villages project now reaches over 400,000 people in 80 villages across 10 countries in sub-Saharan Africa.

In addition to KPMG in the U.S., KPMG International, KPMG in Japan, KPMG in Canada and KPMG in Russia are also providing financial and other commitments to support the project.

"This relationship is consistent with KPMG's commitment to being a responsible corporate citizen and is one of several KPMG initiatives dedicated to help make the world a better place," said KPMG chairman Timothy P. Flynn in a statement.

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Audit Financial reporting
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