Parsippany, NJ — SAX is proud to share that its partners have collectively contributed $1 million to the SAX Charitable Foundation, a philanthropic initiative founded to give back to the communities where SAX team members live and work.
This philanthropic commitment follows the recent announcement of a minority investment in SAX by Cobepa, an independent investment company. The investment will accelerate SAX’s expansion across the East Coast, enhance its service capabilities, and fuel innovation across its practices—while the firm remains proudly independent.
As part of this transformational moment in the Firm’s growth, SAX partners saw an opportunity to invest not only in the future of the business, but also in the future of our communities. This meaningful charitable contribution reflects SAX’s deep-rooted commitment to social responsibility and purpose-driven leadership.
“These funds will help us further our mission of empowering exceptional charities—those that are developing the next generation of leaders, strengthening our communities, and inspiring purpose and passion among our employees and partners,” said Joseph Damiano, CEO of SAX Advisory Group. “Giving back has always been central to who we are as a firm, and this contribution underscores our belief that success is best measured by the positive impact we can make beyond our bottom line.”
The SAX Charitable Foundation will allocate these funds to support high-impact nonprofit organizations that align with the firm’s values and areas of focus, including education, community development, and leadership initiatives.
About SAX
SAX is a Top 100 accounting, tax, and advisory firm that serves the unique needs of privately held companies, family-owned businesses, nonprofit organizations, and high-net-worth individuals. With offices strategically located in Parsippany, NJ, Ewing, NJ, Morganville, NJ, New York City, NY, and Mumbai, India, SAX offers specialized expertise that benefits clients across its largest vertical markets. The firm’s advisory services extend beyond traditional accounting and tax offerings, encompassing Wealth Management, Cybersecurity and Managed IT, Investment Banking, Transaction Advisory, HR Consulting, Valuation, and Forensic & Litigation. SAX has garnered national recognition and has been consistently listed among the Top Accounting Firms by NJBIZ, INSIDE Public Accounting, Accounting Today, and Forbes.
“Sax” is the brand name under which Sax LLP and Sax Advisory Group LLC and its subsidiary entities provide professional services. Sax LLP and Sax Advisory Group LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Sax LLP is a licensed independent CPA firm that provides attest services to its clients, and Sax Advisory Group LLC and its subsidiary entities provide tax and business consulting services to their clients. Sax Advisory Group LLC and its subsidiary entities are not licensed CPA firms.
For more information, please visit www.saxadvisorygroup.com.