Accenture Awards KIPP – Knowledge Is Power Program – an Additional US $3.3 Million to Equip Young People with Career

  Accenture Awards KIPP – Knowledge Is Power Program – an Additional US $3.3
  Million to Equip Young People with Career Readiness Skills

  Grant reflects Accenture’s corporate citizenship focus, Skills to Succeed

Business Wire

NEW YORK -- December 04, 2012

Accenture (NYSE: ACN) and the Accenture Foundations today announced that they
have awarded KIPP (Knowledge Is Power Program), a national network of charter
schools, a grant of US$3.3 million to help young people in underserved
communities transition from secondary education to higher education and
employment. This grant brings Accenture’s direct support of KIPP to US$3.7
million since 2009.

The award, which consists of cash as well as the time and skills of Accenture
employees, is part of Accenture’s global corporate citizenship initiative,
Skills to Succeed, which will equip 250,000 people around the world by 2015
with the skills to get a job or build a business.

The three-year grant will support the expansion of the Future Focus program,
piloted with KIPP DC during the 2011-12 school year, to deliver skills
training, mentoring and internships to nearly 7,000 students across the KIPP
network. In addition, the grant will support KIPP Through College programs
focused on helping KIPP students and alumni as they progress to and through
college, including KIPP’s efforts to establish partnerships with colleges and
universities across the United States.

“Supporting KIPP helps bring to life Accenture’s commitment to building
skills,” said Jill Huntley, senior director of corporate citizenship at
Accenture. “KIPP is proving it’s possible to make a significant and lasting
impact on the economic well-being of individuals and their communities by
connecting students with the programs and skills that will enable them to be

The Future Focus program was established in Washington, D.C., as a joint
project of KIPP DC and Accenture. This grant will expand the program in
Washington, D.C., and bring it to four additional markets across the United
States – Austin, Denver, Houston and the San Francisco Bay Area. In addition,
it will provide pro-bono work in each of the five markets to assist KIPP in
developing and customizing skills training programs for each location.
Accenture volunteers will help deliver skills training, including developing
internship and job shadowing opportunities.

Accenture employee volunteers will use training materials developed in
partnership with other nonprofit organizations, such as Back on My Feet, to
mentor KIPP students on career management, presentation skills, financial
literacy and critical thinking.

“We are very grateful for this generous grant, and for Accenture’s ongoing
support of KIPP,” said Richard Barth, chief executive officer of KIPP.“With
Accenture’s help, we can expand the Future Focus program and continue to build
KIPP Through College programs to help thousands more students and young people
reach the goals of college graduation and successful careers.”

About Accenture

Accenture is a global management consulting, technology services and
outsourcing company, with 257,000 people serving clients in more than 120
countries. Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. Through its Skills to
Succeed corporate citizenship focus, Accenture is committed to equipping
250,000 people around the world by 2015 with the skills to get a job or build
a business. The company generated net revenues of US$27.9billion for the
fiscal year ended Aug. 31, 2012.Its home page

About KIPP

KIPP – Knowledge Is Power Program – is a national network of open-enrollment,
college preparatory public charter schools with a track record of preparing
students in underserved communities for success in college and in life. KIPP
was founded in Houston in 1994, and has grown to 125 schools serving over
41,000 students in 20 states and Washington, D.C. Ninety-five percent of
students enrolled in KIPP schools are students of color, and over 80 percent
qualify for the federal free and reduced-price meals program. To date, over 80
percent of students who have graduated from KIPP middle schools have
matriculated to college. For more information, visit


Kate Shenk, 917-452-3784
KIPP Foundation
Rebecca Raber, 415-733-9718
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