Deloitte Commits $60 Million in Pro Bono Services to Nonprofit Organizations
At the White House Forum on Women and the Economy, Deloitte LLP CEO Joe Echevarria announced Deloitte’s commitment to provide $60 million in pro bono services to nonprofit organizations over a three-year period (FY2012-2014). This pledge brings the organization’s total investment to more than $100 million.
Deloitte is investing the time and talent of its personnel to strengthen communities across the country.
“Deloitte has built its brand of leading the profession in two ways: through inspiring trust and confidence as we protect the investing public, and by helping companies address their most complex business challenges,” said Joe Echevarria, CEO of Deloitte LLP.
“We believe one of the best ways to create positive social change and help make America stronger is to do what we do best every day. Our aim is to provide these same quality services and intellectual capital to help nonprofits run more efficiently and effectively.”
Echevarria added: “In addition to doing this work ourselves, we’re proud to help lead Billion + Change, which is compelling other businesses to make pro bono work part of their philanthropic portfolios. This work achieves a double bottom line by adding value to our communities and our business.”
Deloitte’s pledge builds on the organization’s prior $50 million commitment, which was completed in 2011 and resulted in more than 300 pro bono engagements that reached over 250 nonprofits.
For example, Deloitte has provided nonprofits such as Girl Scouts, Dress for Success, Professional Business Women of California, YWCA and Women’s Initiative with assistance on projects such as strategic planning, tax structuring and exemption support, risk assessment, anti-fraud consulting, IT security, financial controls, human capital strategy and management, governance and risk oversight, and capital projects consulting.
“As human capital replaces natural resources as the basis for growth in the knowledge economy, talent is rising as a dominant business issue,” Echevarria added.
“As a growing force in the talent pool—one that absolutely cannot be understated—women play a critical role in economic growth and competitiveness.”
Deloitte’s pro bono work also addresses other social issues, including education and building a college-going culture in low-income high schools—a critical concern for the national economy and workforce development.