On behalf of the FICPA Educational Foundation and 1040K Run/Walk Board of Directors, we are excited to announce that we have some exciting new plans for the 23rdAnnual 1040K Run/Walk.

We have a new date, time and location for 2012. This year’s 1040K Run/Walk will be held the Saturday after tax day - Saturday, April 21 at 7:45 a.m. in Bill Baggs Cape Florida State Park in Key Biscayne. Proceeds from the event are still awarded to African-American accounting students in South Florida in memory of Lewis Davis, Miami-Dade County’s first African-American CPA, community leader, and co-founder of the Greater Miami-South Florida Chapter - National Association of Black Accountants, Inc.

This event has proven to have tremendous local support and has become a great experience for families and co-workers to get together for fun and exercise while contributing to a very worthwhile scholarship fund.  It is important to continue this great support as we begin to take this race in a new direction so that we continue to raise significant funds for scholarship recipients.

Last year's race brought more than 900 participants. At the race, the FICPA Educational Foundation presented three $3,000 scholarships to deserving accountings students. In addition to the scholarships, the Foundation also contributed $2,000 to the FICPA Minority Summer Residency Program, which is designed to introduce and educate minority high school students about the field of accounting.

The quality of tomorrow’s accountants is vitally important.  When we recruit, we look for bright, well-educated individuals willing to dedicate themselves to the CPA profession.  The financial burden of a college education has dramatically increased, especially with the necessary fifth year of education required to become certified in Florida.

The FICPA Educational Foundation works to ensure the integrity and success of the accounting profession in Florida.  Founded in 1959 as the R. Warner Ring Educational Foundation, it has distributed over $3.3 million dollars to colleges and accounting students across the state.  Last year, the Foundation gave out nearly $270,000 to 100 deserving students.

Proceeds from the event are awarded to African-American accounting students in South Florida in memory of Lewis Davis, Miami-Dade County’s first African-American CPA, community leader, and co-founder of the Greater Miami-South Florida Chapter - National Association of Black Accountants, Inc.

The Florida Institute of Certified Public Accountants' Educational Foundation, Inc. is recognized as tax exempt under section 501(c)(3) of the Internal Revenue Code.  Contributions are tax deductible to the fullest extent of the law.