PwC Greater Michigan Donates $750,000 of a Million Dollar Cornerstone Schools Association Scholarship Fund
DETROIT, Dec. 19, 2014 /PRNewswire/ -- PwC US today announced that its Greater Michigan practice will donate a total of $750,000 to the Cornerstone Schools Association, funded through grants from the PwC Charitable Foundation, Inc. In addition to the funding, PwC's Greater Michigan employees have also continued to show their support by volunteering their time and talent to help further their impact within the local community. PwC employees in Detroit, Grand Rapids and Toledo have donated over 6,000 hours to local charitable organizations in the market last year alone.
The funds will be used by the Cornerstone Schools Association solely for scholarships and will endow the Ernestine Sanders Scholarship Fund for Excellence.
"We are committed to strengthening the communities in which we live and work by supporting the organizations that are dedicated to improving lives and raising the next generation of leaders," said Ray Telang, managing partner of PwC's Greater Michigan market. "Through this grant from the PwC Charitable Foundation, Inc., we are revitalizing the community by empowering local students to become catalysts for our region's advancement."
"We are very proud of and grateful for the relationship we have with PwC here in Michigan," said Clark Durant, co-founder of Cornerstone Schools Association. "The Greater Michigan Market PwC leadership has been a critical part of the Cornerstone family for decades and has helped to make it possible to change the lives of so many Detroit school-aged children. We are honored to have their support and look forward to a prosperous future for the youth of our region."
Since its inception in 2012, PwC's Earn Your Future has made a significant impact on more than 1.1 million students and 41,000 educators nationwide by providing educational, financial and developmental resources. Over 27,000 active and retired partners and staff have donated 425,000 hours of volunteer service time to advance youth education across the US. The PwC Charitable Foundation, Inc. has invested over $15 million in leading non-profit organizations and transformational entrepreneurs who are building innovative programs alongside educators and school leaders. The firm has donated $43 million to support youth-related causes over the past two years. For more information on PwC's commitment to youth education, visit: http://www.pwc.com/eyf.
About The PwC Charitable Foundation, Inc.
The PwC Charitable Foundation, Inc., a section 501(c)(3) organization, makes contributions to the people of PwC in times of financial hardship, and to nonprofit organizations that support and promote education and humanitarianism.
About PwC US
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms, which has firms in 157 countries with more than 195,000 people. We're committed to delivering quality in assurance, tax and advisory services. Find out more and tell us what matters to you by visiting us at www.pwc.com/US.
© 2014 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pwc-greater-michigan-donates-750000-of-a-million-dollar-cornerstone-schools-association-scholarship-fund-300012575.html
SOURCE PwC US
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