Accounting firm RSM McGladrey is donating $10,000 to the American Red Cross to help with Midwest flood relief, while setting up a relief fund for its own employees.

The firm, which was founded in hard-hit Cedar Rapids in 1926, now has approximately 800 employees in Iowa. The fund will allow RSM’s nearly 8,000 employees nationwide to donate money to help employees in the Central Plains who have been harmed by the Midwest flooding.

“Our hearts and prayers go out to everyone affected by these devastating conditions in a part of the country that is very dear to the McGladrey family,” RSM McGladrey president Steve Tait said in a statement. “These communities have been the backbone of McGladrey for decades, and we are doing everything we can to provide support for the large number of clients and employees we serve in Iowa and throughout the Midwest.”

The firm’s contribution to the American Red Cross will go toward rebuilding efforts and help provide food, water and other life-sustaining products to those hurt by the record floods.  Thousands of residents in Iowa were evacuated as nine rivers reached record levels, and more than 100 city blocks were under water in Cedar Rapids.

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