Oregon-based accounting firm Kernutt Stokes is commemorating their 75th anniversary by donating $75,000 to support scholarships, local nonprofits, and matching employee donations.
Scholarships make up $30,000 of the total. Awards of $2,500 each will be given to students studying accounting at the University of Oregon, Oregon State University, and Idaho State University. Scholarships will be awarded in 2021, 2022, and 2023. Additionally, a scholarship will be awarded to a BIPOC accounting student at an Oregon university or college each of the next three years through the Oregon Society of CPAs.
“While Kernutt Stokes is relatively new to Corvallis, the firm has been in Oregon for 75 years. This is our way of saying thank you to the communities and universities that made this milestone possible,” said Kernutt Stokes partner Shelly Sorum, CPA, who leads the Corvallis office.
The remaining $45,000 will be given to community nonprofits directly and through sponsorships, contributions and matching employee donations. The selected organizations will primarily be from the regions Kernutt Stokes serves and have been historically supported by the firm's partners and employees through board service and volunteer work.
Kernutt Stokes is a full-service accounting and business consulting firm established in 1945 with offices in Eugene, Bend, Corvallis, and Lake Oswego. The firm has 12 partners, 68 CPAs, and 93 total employees, specializing in privately-held and family-owned companies in construction, healthcare, manufacturing, transportation, and professional services. In addition to core accounting services, the firm provides technology consulting, 401(k) plan administration, business valuation, retirement planning, business consulting and other services. Kernutt Stokes is a member of AGN International, an association of independent accounting and advisory businesses. For more information, visit https://kernuttstokes.com.