Building a better tomorrow
Since 1926, stewardship has been one of RSM’s core values. We launched the RSM US Foundation in 2015 to strengthen our firm’s tradition of supporting the communities where we work and live while focusing on the future.
The foundation’s mission is to build tomorrow’s middle market leaders by supporting education and programs to help individuals develop career paths to become entrepreneurs or middle market business leaders. The foundation also supports organizations committed to providing stable environments for youth in the areas of hunger, housing and health, thereby helping them excel in education.
Birdies Fore Love
Each year, RSM makes a difference for youth through Birdies Fore Love, a platform tied to the RSM Classic, a firm-sponsored PGA TOUR event. Of the more than $3.5 million raised through the 2018 tournament, more than $2.8 million was raised through Birdies Fore Love, an RSM program designed to raise funds for deserving organizations in the local communities where RSM employees live and work.
In 2018, our firm extended our Birdies Fore Love charitable donations through an on-course competition. The top three players who accumulated the most birdies (or better) last fall—beginning with the Safeway Open and concluding with The RSM Classic—were awarded $300,000, $150,000 and $50,000, respectively. Donations were made to the players’ choice of children- or family-focused charitable organizations. Cameron Champ earned the top spot, and chose The Cameron Champ Foundation in support of STEM education and youth golf.
In addition to the end-of-season prize, we are expanding the program this year with weekly winners for the most birdies (or better) during each of the fall tournaments.
Dollars for Doers
The RSM US Foundation provides matching grants to employees’ volunteer time serving charitable organizations. In 2018, individual team and RSM Volunteer Day activities generated 243 grants representing nearly 25,000 volunteer hours and totaling $311,700. Since the program started in 2015, Dollars for Doers has generated grants totaling $785,000.
RSM Volunteer Day
Our Volunteer Day provides an annual opportunity for people across the firm to share their time and talents with the communities where they are fortunate to live and work. During our ninth Volunteer Day, 2,400 employees and clients donated 9,200 volunteer hours participating in 56 volunteer activities across the country. Employees and clients helped prepare a hurricane-ravaged school for the new school year, weeded gardens at a children’s camp, packed backpacks with school supplies, painted and cleaned a number of schools and participated in many other activities across the country to help various communities where RSM has offices.
A number of the nonprofits that benefited from this year’s RSM Volunteer Day are also clients of the firm, which provided opportunities to build relationships while supporting the unique local needs of the communities where RSM operates.
To support our passion for giving back, the RSM US Foundation’s Dollars for Doers program makes Volunteer Day even more rewarding by matching employees’ direct volunteer hours with dollars for qualifying charitable organizations.
Driven by RSM owners and employees, the foundation’s University Giving match program supports educational initiatives in business, accounting and entrepreneurial studies. To date, $1.4 million has been generated through the program.
In 2018, donations from our people and a University Giving match from the foundation totaled $50,000 for Salisbury University. The school used the funds to establish the RSM Impact Fund to support its accounting faculty recruitment and retention efforts and provide scholarships and professional development for students and accounting faculty.
Power Your Education
Building tomorrow’s middle market leaders: This is the heart of the RSM US Foundation’s Power Your Education program. In the program’s third year, the foundation granted $100,000 in scholarships for the 2018-19 academic year to 10 undergraduate business students ($10,000 each). Our Power Your Education recipients also received an invitation to participate in Pathways, RSM’s competitive externship program. As one recipient noted, “This generous scholarship is more than a monetary investment by RSM. It is the empowerment that comes from others believing in my ability to succeed; it is the relief from the financial burdens of my undergraduate and graduate degrees.” The investment returns go far beyond graduation. Another recipient said the Power Your Education scholarship “allows me to work toward my ambitions, so one day I can give back to the community which has given so much to me. I am excited to internalize the values of RSM to empower myself and others.”
RSM’s Power Your Education scholarship winners
RSM Talent Acquisition Scholarship
Last year, the RSM US Foundation launched the RSM Talent Acquisition Scholarship program at 34 universities. These campus-based awards provided $180,000 in scholarship funding for business students.
Peter A.S. Pfeiffer Scholarship for Courage
The Peter A.S. Pfeiffer Scholarship for Courage was established in 2018. The fund honors Pete, an RSM employee, for his leadership with the firm and our Stars & Stripes employee network group as well as for his service to the country. The RSM US Foundation contributed $150,000 to the fund, half of which was raised by Pete’s colleagues. Because this is an endowed fund, the scholarship will provide educational support for deserving recipients for years to come.
Engaging the power of diversity
RSM prioritizes a workplace culture that is effective and inclusive. Through our culture, diversity and inclusion program, everyone, at every level, understands that embracing diversity of expertise, backgrounds and perspectives helps drive excellence in all we do. Since 2014, the CDI program has empowered us to leverage innovation and collaboration in our workplace and workforce, the marketplace and our communities.
Employee network groups
We continued the support of the firm’s 11 employee network groups that bring together people with diverse experiences and similar interests. Each offers unique ways for its members to grow and learn, while they celebrate all walks of life, genders, interests and backgrounds, and to build stronger work teams. With 40 percent of our workforce now belonging to at least one ENG, our people are gaining leadership skills and cultural dexterity as well as expanding their understanding of the abilities, faiths and experiences of others.
Focus on women and minorities
The energy and commitment driving RSM’s diversity and inclusion efforts continue to grow, allowing us to have an even greater positive impact on our people and our clients.
In 2018, RSM’s Stewardship, Teamwork, Advancement, Retention (STAR) women’s ENG expanded its support for RSM women by enhancing advocacy, mentorship and professional development. At the firm’s women’s leadership conference, female owners and other firm leaders met to build a shared understanding of gender diversity and to discuss how to advance more women into leadership roles. To further the ENG’s mission, STAR members have access to professional development and conferences focused on women offered throughout the United States, including the AICPA Women’s Global Leadership Summit.
As part of our commitment to diversity and inclusion in the marketplace, in FY 2019 we launched the first phase of our supplier diversity program. This program provides us with a better understanding of our vendors so we can identify opportunities for small and diverse-owned businesses, and continue our commitment to the economic growth of all communities.
Taking the pledge
In FY 2019, RSM signed the CEO Action Pledge, a firm-wide commitment to address inclusion, diversity and behavior through learning and professional development. We continue to offer courses on managing bias, generational IQ and cultural dexterity, among others, to enrich the skillsets of RSM professionals leading our diverse teams into the future.
Commitments, awards and honors
In FY 2019, in addition to signing the Business Statement for Transgender Equality, RSM was recognized in a number of ways for our CDI commitments:
- Forbes named RSM to its Best Employers For Diversity list.
- RSM received a perfect score of 100 on the 2019 Corporate Equality Index, the nation’s premier benchmarking report on corporate policies and practices regarding LGBTQ workplace equality administered by the Human Rights Campaign Foundation.
- The National Association of Black Accountants recognized RSM’s Rich Caturano with its National Achievement in Public Accounting award, and named RSM’s Charles Barley Jr. as a 2018 NABA Rising Star.
- Diversity MBA, a national leadership organization integrating diversity and inclusion with talent management, named RSM’s Tracey Walker to its 2018 Elite Top 100 Executive & Emerging Leaders list, placing her among the list’s 50 most distinguished executive leaders in America.
- Working Mother named RSM one of its 2018 100 Best Companies as well as one of its Best Companies for Dads.
- Fatherly named RSM one of the 50 Best Places to Work for New Dads.
At RSM, we continually seek to understand the unique differences among our talented people and drive our inclusion efforts through various workplace initiatives. The work we do and the recognitions we’ve earned all underscore our mission to enhance innovation, collaboration and business results through a culture of diversity and inclusion.
Giving time and resources to help colleagues realize their DREAMS
In celebration of RSM’s 90th anniversary in May 2016, the firm launched an employee program, “90-90-9: Pursue Your Passion,” and awarded nine employees with $90,000 ($10,000 each) and nine days of paid time off to pursue their passions. We have offered it each year since, ultimately simplifying the official program name to reflect its message of inspiration for RSM colleagues: Pursue Your Passion.
We had another terrific group of innovative and creative applicants this year, making it challenging for our selection team to choose just nine winners. Following are the individuals who will be pursuing their passions this year: