Cherry Bekaert Foundation's First Annual Report: Impact and Community Focus

Cherry Bekaert Foundation's First Annual Report: A Commitment to Community Engagement

The Cherry Bekaert Foundation has launched its first annual report, illustrating a remarkable evolution since its inception in December 2022. Operating as a 501(c)(3) organization, the Foundation has emerged as a significant force for good within the communities it serves. In this inaugural report, the organization shares its journey, impactful initiatives, and collaborative efforts that underscore a commitment to fostering positive change.

Acknowledging the Journey

Susan Moser, the Foundation’s President and former Partner at Cherry Bekaert, expressed her enthusiasm, stating, "We are thrilled to present our first annual report, reflecting our unwavering commitment to transparency, innovation, and community impact." The report is not just a reflection of past achievements but a roadmap for future endeavors.

Key Highlights of the Report

1. National Partnerships and Volunteer Initiatives

One of the standout moments in the foundation's journey was its partnership with Junior Achievement announced in March 2024. This collaboration involved an initial donation of $100,000 and aligns with the Foundation's focus on education. The partnership provides invaluable volunteer opportunities for Cherry Bekaert employees to impart essential life skills and financial literacy to children.

2. Community Volunteer Week

In a bid to give back, Cherry Bekaert employees came together both physically and virtually during Volunteer Week, contributing a remarkable 4,536 hours to various charitable endeavors. Their efforts also included a financial contribution exceeding $13,000, showcasing a dedicated commitment to their community.

3. Generous Grant Giving

The foundation's support has extended to over 80 charitable organizations over the last two years, with meaningful contributions to 35 organizations in 2023 and 47 in 2024. This robust grant giving reflects a proactive approach to enhancing community welfare and supports a wide array of causes.

4. Responding to Natural Disasters

During the fall of 2024, the Foundation demonstrated a notable humanitarian response to hurricanes Helene and Milton. By raising $28,000 in relief contributions and matching funds, and distributing $72,000 in grants exclusively for hurricane relief, the Foundation showcased its dedication to disaster response and recovery.

Building a Bright Future

The Cherry Bekaert Foundation's inaugural report not only chronicles its impressive achievements but also sets the stage for a future filled with hope and growth. With a mission grounded in collaboration, the Foundation aims to align with like-minded organizations to foster impactful resources and inspire community engagement.

Learn More

To explore the full details of the Cherry Bekaert Foundation's annual report or learn more about its initiatives, visit cbh.com/foundation. The Foundation’s commitment is evident in its tireless effort to support the communities it operates within, and it invites others to join in this collective mission to create a significant and lasting impact.

About Cherry Bekaert

Cherry Bekaert stands among the leading assurance, tax, and advisory firms in the U.S., serving clients across diverse industries both nationally and internationally. As a licensed CPA firm, it underlines its dedication to client success through collaborative and innovative services. For further information, please visit cbh.com and follow the firm on LinkedIn, Facebook, X or Instagram.