Beta Alpha Psi Honors Bernard J. Milano, KPMG Foundation President, with Lifetime Service Award

Samantha Simunyu

Published August 18, 2014

Durham, N.C. – Beta Alpha Psi is pleased to announce that Bernard J. Milano, President of the KPMG Foundation and The PhD Project, was the inaugural recipient of the KPMG/Bernard J. Milano Lifetime Service Award at the 2014 Beta Alpha Psi Annual Meeting in Atlanta, GA. 

The KPMG/Bernard J. Milano Lifetime Service Award was created to honor distinguished and sustained service to the goals and purpose of Beta Alpha Psi. The award will recognize individuals who have shown a lifetime commitment to the advancement of Beta Alpha Psi, through service efforts, financial contributions or advocacy of the organization. 

“I recommended the establishment of the award after realizing the full scope of Bernie and KPMG’s notable impact on Beta Alpha Psi,” said Jan Taylor Morris, Beta Alpha Psi outgoing President. “We have been able to offer incomparable value and many benefits to our members due to Bernie’s championing of Beta Alpha Psi through the years.”  

The title of the award recognizes the continual financial support of KPMG and the KPMG Foundation, as well as Milano’s exceptional commitment in securing said funding and his service to the Beta Alpha Psi Board of Directors, both as President (1999-2000) and as an advisory figure to the Board. 

“While I am honored and humbled by this award, it is the vision, courage, commitment and generosity of KPMG that has allowed our programs to achieve the results this award celebrates,” Milano said. “Few organizations are willing to stay the course; KPMG has been steadfast in its approach to systemic change in business education.”

The KPMG Foundation, created in 1968, has operated on a platform that is defined by the concept of corporate social responsibility. The KPMG Foundation has embraced this concept of giving back and has invested resources to a number of initiatives which have greatly impacted business higher education. It is through these ideals that Bernard J. Milano has contributed a lifetime’s worth of value not only to Beta Alpha Psi but also to the accounting profession. 


About Beta Alpha Psi

Founded in 1919, Beta Alpha Psi is an honor organization for financial information students and professionals. The primary objective of Beta Alpha Psi is to encourage and give recognition to scholastic and professional excellence in the business information field. This includes promoting the study and practice of accounting, finance and information systems; providing opportunities for self-development, service and association among members and practicing professionals, and encouraging a sense of ethical, social and public responsibility.

Headquartered in Durham, NC, Beta Alpha Psi has over 300 chapters on college and university campuses with over 300,000 members initiated since Beta Alpha Psi's formation.

About the KPMG Foundation

The KPMG Foundation is a 501(c)(3) private foundation. The Foundation operates on donations from KPMG LLP, the U.S. audit, tax and advisory firm.  For fiscal year 2014, KPMG donated over $6.2 million to the Foundation. Through the KPMG Foundation, the firm has spent over 45 years supporting and developing programs to enhance business education. ( 


KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative (“KPMG International.”)  KPMG International’s member firms have 138,000 professionals, including more than 7,900 partners, in 150 countries. (