25 Sep Ernst & Young donates $840,000 to UW-Madison for computer lab
Milwaukee, Wis. – The professionals of Ernst & Young, LLP, together with the Ernst & Young Foundation, have announced a donation of $840,000 to the University of Wisconsin-Madison. The donation will be used to create a new Accounting Student Computer Lab in the School of Business and complete the funding of the Ernst & Young endowed chair in the Accounting department.
“This gift underscores our commitment to the University of Wisconsin-Madison and the talented students who are attending the School of Business’ Accounting program,” noted Keith Burns, Ernst & Young managing partner in Milwaukee. “We hope this donation will further the high-caliber professional education offered to Wisconsin’s Accounting students and help the department’s faculty achieve their strategic vision.”
Ernst & Young actively recruits from the University of Wisconsin-Madison each year for positions throughout the firm. Because of the longstanding focus on recruiting at the University of Wisconsin-Madison, Ernst & Young has a network of Wisconsin alumni who hold leadership positions at the national, regional and office levels.
According to U.S. News and World Report, the Wisconsin School of Business, which includes the Accounting program, ranks 13th overall among business schools. According to Jon Davis, chairman of the Department of Accounting and Information Systems, “The donation from Ernst & Young will help the department to maintain their margin of excellence well into the future.”
Ernst & Young will present the check on September 25 at the School of Business. The check presentation precedes a lecture by Dr. Tom Linsmeier, a member of the Financial Accounting Standards Board and doctoral alumnus of the University of Wisconsin’s accounting department. For information on this event, contact Judy Schaeffer (jschaeffer@bus.wisc.edu, 608-262-1693).
About The Ernst & Young Foundation
The Ernst & Young Foundation was formed in 1937 to provide effective and meaningful philanthropic support to institutions of higher education, primarily in the areas of accounting, tax, and general business. Ernst & Young and the Ernst & Young Foundation have gifted more than $100 million to educational organizations throughout the United States. Each year the Ernst & Young Foundation contributes on average $3 million in matching funds to higher education, matching the eligible contributions of Ernst & Young’s active and retired personnel.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.