The KPMG Foundation has awarded Kerri-Ann Sanderson a $10,000 KPMG Minority Accounting Doctoral Scholarship to pursue her accounting doctorate at Georgia State University. The scholarship, renewed for the 2012-2013 academic year, is renewable for up to five years at $10,000 a year.
Since 1994, the KPMG Foundation has awarded over $10 million to 309 African-American, Hispanic-American, and Native American scholars pursuing doctorate degrees, as part of its ongoing commitment to increase the representation of minority students and professors in business schools.
Today, 184 of those scholarship recipients have successfully completed their doctoral program and are professors at universities throughout the country. Furthermore, 74 minorities are currently enrolled in accounting doctoral programs, and will take a place at the front of the classroom over the next few years.
Sanderson began her doctoral studies at Georgia State University in 2008. Bernard J. Milano, president of the KPMG Foundation, believes Sanderson "has demonstrated that dedication, hard work and ambition pay off. Like all our scholarship recipients, she is key to our country's future and we look forward to following her success after graduation."
The KPMG Foundation Minority Accounting Doctoral Scholarship program aims to further increase the completion rate among African-American, Hispanic-American and Native American doctoral students in accounting, and is part of a larger commitment by the KPMG Foundation to increase minority representation not only in accounting programs at colleges and universities, but in the American work force.
The program complements The Ph.D. Project, a separate 501(c) (3) organization that the KPMG Foundation founded in 1994, which recruits minority professionals from business into doctoral programs in all business disciplines. Since its inception in 1994, The Ph.D. Project has increased the number of minority business professors from 294 to 1,168.
The Project attacks the root cause of minority under-representation in corporate jobs: historically, very few minority college students study business as an entrée to a corporate career. Diversifying the faculty attracts more minorities to study business and better prepares all students to function in a diverse workforce.
The KPMG Foundation is a 501(c)(3) private foundation. The foundation operates on donations from KPMG LLP, the U.S. audit, tax and advisory firm.