Thomas J. Raffa

National Leader, Nonprofit and Social Sector


Nonprofit & Social Sector, Nonprofit Assurance Services, Nonprofit Tax Services, Social Capital Advisors, Risk Management & Compliance

About Thomas

Thomas Raffa is the national leader of Marcum’s Nonprofit Social Sector group. Mr. Raffa came to Marcum via the Firm’s merger with Raffa, P.C., one of the nation’s preeminent public accounting and business consulting firms, specializing in nonprofits. He founded Raffa in 1984 and grew the firm into one of the 100 largest and best-managed accounting firms in the United States.

A recognized pioneer in social enterprise, Mr. Raffa’s professional and volunteer support of nonprofits has garnered him numerous awards, including the 2016 Individual Making a Difference Award from The Nonprofit Village, the Volunteer Achievement Award from the Accountants for the Public Interest, and the Lifetime Achievement Award from the Alliance for Nonprofit Management.

His current Board roles include, the Boston Philharmonic Orchestra (Treasurer and Chair of the Finance Committee and member of the Executive Committee), the Mental Health Coalition (Founding Board Member, Treasurer, and member of the Executive Committee) and the Park City Community Foundation (Chair of the Governance and Communication Committee and of the Audit Committee and member of the Executive Committee). He has served on the board of the United Way of the National Capital Area and spent over a decade serving the Catalogue for Philanthropy as well as Social Impact 360, including being the Chair of the Board for both organizations, and he is also a founding member of the Alliance for Nonprofit Management.

A graduate of Georgetown University, Mr. Raffa has been an active member of the Alumni Admissions Program and has served as a mentor at the McDonough School of Business for more than 20 years. He was named the Georgetown Alumni Entrepreneur of the Year in 2016.

Professional & Civic Affiliations

  • American Institute of Certified Public Accountants (AICPA)
  • Alliance for Nonprofit Management, Founding Board Member
  • Boston Philharmonic Orchestra, Treasurer, Chair of the Finance Committee and Executive Committee
  • Social Impact 360, Founding Board Member and Chair of the Board
  • Mental Health Coalition, Founding Board Member, Treasurer, and Member of the Executive Committee
  • Park City Community Foundation, Chair of the Governance and Communication Committee and Audit Committee, Member of the Executive Committee
Practice Focus

Business Advisory
Corporate Social Responsibility
Corporate Philanthropy
Business Strategy

Industry Focus

Nonprofit Organizations
Strategic Investors
Social Entrepreneurs


Bachelor of Science in Business Administration,
Georgetown University