September 21, 2016
Marcum Foundation Raises More than $242,000 in First Year of National Operation
The Marcum Foundation, the charitable giving arm of Marcum LLP, raised a total of $242,841.95 for charity between June 1, 2015, and May 31, 2016. It was the Foundation’s first full year of operation as a national organization.
The Foundation is funded by Marcum partners and employees who contribute through a variety of channels, including a voluntary Planned Giving program that supports approximately 30 charities in the six Marcum regions. Marcum Jeans Days, during which participants contribute $5 for the "privilege" of dressing down for work, are another popular fundraiser, supporting local charities nominated by employees in each office. Additional Foundation activities include local fundraising events, collection drives and numerous volunteer initiatives, including the annual Marcum Day of Service, when all Marcum offices are closed in order to facilitate Firm-wide volunteering the day before Thanksgiving.
Shaun Blogg, chair of the Marcum Foundation and partner-in-charge of the Firm's West Palm Beach, FL, office, said, "I am immensely gratified by the response of the entire Marcum organization to this Firm-wide effort to link our many local charitable activities together, to launch a Marcum Planned Giving Program, and to start a new Marcum Day of Service tradition. It has been a great first year, and the regional Foundation Boards and I want to thank everyone who has participated by contributing, volunteering or both."
Jeffrey M. Weiner, Marcum's managing partner, said, "In just one year, the Marcum Foundation has become an important part of our culture Firm-wide. Community is one of Marcum's nine core values, and I can't think of a better way to express it than by enabling the entire Marcum team to collaborate in this way to give back to the communities in which we do business."
About the Marcum Foundation
The Marcum Foundation supports local nonprofit organizations that provide critical assistance to those in need through programs and services delivered at the community level. Local charity beneficiaries are nominated by employees in Marcum offices. For more information, including a current list of beneficiaries, visit www.marcumfoundation.org.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.