Cherry Bekaert Foundation Doubles Grantmaking in 2025
Event summary
- Cherry Bekaert Foundation awarded $563,494 in grants in 2025, nearly doubling its 2023-2024 total.
- Employees contributed over 2,800 volunteer hours to 79 nonprofit organizations.
- Launched 'Seasons of Giving' framework to strengthen volunteer engagement and strategic grantmaking.
- Raised and matched nearly $49,000 for Texas flood recovery disaster relief.
The big picture
Cherry Bekaert's Foundation is deepening its community impact through structured philanthropy, reflecting a broader trend among professional services firms to leverage employee-driven initiatives for social good. The significant increase in grantmaking and volunteer hours suggests a strategic shift toward more measurable community engagement, potentially enhancing the firm's employer brand and client relationships.
What we're watching
- Sustainability of Growth
- Whether the Foundation can maintain its rapid grantmaking expansion in future years.
- Employee Engagement
- How the new 'Seasons of Giving' framework will impact volunteer participation rates.
- Strategic Partnerships
- The extent to which national partnerships like Junior Achievement will expand the Foundation's reach.
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