Armanino Starts Charitable Foundation; Offers Seven Grants

San Ramon, Calif.-based Armanino (FY15 net revenue of $164 million) has announced the formation of its charitable giving arm, the Armanino Foundation, which matches each staff contribution two-to-one.

Worthy charitable organizations in education, health and social services, animal welfare and the arts are nominated by firm employees and selected by a committee. In its first round of funding, Armanino awarded $20,000 in grants to seven organizations in its communities – Advancement Project, Bet Tzedek, Down Syndrome Connection of the Bay Area, Girls Inc., Holiday Heroes, New Hoizons and Vogel Alcove.

“Armanino and its team members have always placed high value on community involvement and corporate citizenship. The Armanino Foundation joins our annual Great Give event and additional community service events as a way Armanino staff can make a positive impact in our communities,” says MP Andy Armanino.

The foundation is directed by a board and committee of 17 members from across the firm. Its chair, Mary Tressel, director of consulting marketing, oversees grant administration and bylaws.

The Armanino Foundation plans to make regular donations through grant funding to community groups and charities that make a positive impact.