Kpmg Launches 'Ai Impact Initiative' to Bring Ai Technology to Nonprofits

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"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an AI Impact Initiative to help non-profit organizations harness the power of artificial intelligence.

The initiative includes a $500,000 grant to First Book, which works to ensure all children have access to a quality education; a $1.1 million partnership with Women's Health Access Matters to research women's health issues, including autoimmune disease, brain health, cancer, and heart health; and a $500,000 grant to Microsoft to help Big Brothers Big Sisters of Puget Sound use AI to improve the efficiency and effectiveness of its matching engine.

KPMG will also provide pro-bono consulting and volunteering.

"By exploring new GenAI capabilities, non-profits can free up time from their employees and volunteers, allowing them to focus more on the work that delivers value to their beneficiaries with confidence," Whitehead says in a press release.

Per the Washington Post, KPMG plans to work with Microsoft, ServiceNow, and Google Cloud to develop a grant management tool that will help non-profits identify opportunities for grants, prepare letters of inquiry, grant applications, and grant reports; help teachers and institutions prepare high school and university students to explore

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